Armenia Trade to GDP Ratio 1990-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Armenia trade to gdp ratio for 2022 was 98.43%, a 19.26% increase from 2021.
  • Armenia trade to gdp ratio for 2021 was 79.17%, a 9.68% increase from 2020.
  • Armenia trade to gdp ratio for 2020 was 69.49%, a 26.63% decline from 2019.
  • Armenia trade to gdp ratio for 2019 was 96.11%, a 3.64% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Nauru 171.15%
North Macedonia 170.82%
Malaysia 140.75%
Serbia 137.64%
Bulgaria 136.28%
Thailand 133.91%
Montenegro 128.65%
Belarus 121.58%
Mauritius 119.27%
Fiji 107.85%
Bosnia 107.14%
Equatorial Guinea 102.32%
Belize 102.14%
Armenia 98.43%
Namibia 94.01%
Romania 91.98%
Mexico 89.48%
Azerbaijan 87.08%
Botswana 85.48%
Albania 85.31%
Turkey 80.50%
Costa Rica 80.02%
Gabon 77.99%
Paraguay 73.85%
Jamaica 73.18%
Samoa 65.02%
South Africa 64.91%
Peru 58.41%
Ecuador 57.69%
Dominican Republic 56.32%
Guatemala 54.67%
Algeria 54.12%
Colombia 48.63%
Russia 43.77%
Brazil 39.34%
China 38.14%
Iran 37.67%
Armenia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 98.43% 19.26%
2021 79.17% 9.68%
2020 69.49% -26.63%
2019 96.11% 3.64%
2018 92.47% 5.27%
2017 87.20% 11.12%
2016 76.08% 4.40%
2015 71.68% -4.10%
2014 75.78% -1.78%
2013 77.56% 1.59%
2012 75.96% 6.53%
2011 69.44% 4.79%
2010 64.64% 7.37%
2009 57.27% 2.73%
2008 54.54% -2.43%
2007 56.98% -4.06%
2006 61.03% -9.11%
2005 70.14% -2.93%
2004 73.07% -6.98%
2003 80.05% 6.07%
2002 73.98% 4.12%
2001 69.86% -2.37%
2000 72.23% 1.67%
1999 70.56% -1.28%
1998 71.84% -6.71%
1997 78.55% -0.68%
1996 79.23% -6.89%
1995 86.11% -26.31%
1994 112.43% 4.46%
1993 107.97% 6.90%
1992 101.08% 0.21%
1991 100.87% 19.53%
1990 81.34% 19.53%