Armenia Trade to GDP Ratio 1960-2024

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 101.01%, a 21.34% increase from 2021.
  • Armenia trade to gdp ratio for 2021 was 79.67%, a 10.18% 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)
North Macedonia 170.82%
Nauru 170.33%
Malaysia 146.66%
Serbia 138.65%
Bulgaria 138.18%
Thailand 133.88%
Montenegro 125.90%
American Samoa 124.68%
Belarus 121.58%
Marshall Islands 119.94%
Mauritius 119.44%
Fiji 117.26%
Bosnia 110.28%
Belize 107.95%
Armenia 101.01%
Romania 92.82%
Namibia 91.77%
Cuba 88.80%
Mexico 88.11%
Equatorial Guinea 87.52%
Azerbaijan 87.08%
Botswana 85.47%
Albania 85.15%
Turkey 81.17%
Costa Rica 79.66%
Gabon 77.99%
Paraguay 73.85%
Kazakhstan 68.11%
South Africa 65.06%
Samoa 64.98%
Algeria 59.04%
Peru 58.41%
Ecuador 57.69%
Guatemala 54.67%
Dominican Republic 54.23%
Iran 51.60%
Colombia 48.37%
Russia 43.77%
Brazil 39.34%
China 38.14%
Iraq 0.00%
Tonga 0.00%
Maldives 0.00%
Turkmenistan 0.00%
Guyana 0.00%
St. Lucia 0.00%
Dominica 0.00%
Libya 0.00%
Suriname 0.00%
Grenada 0.00%
Lebanon 0.00%
Venezuela 0.00%
St. Vincent and the Grenadines 0.00%
Jordan 0.00%
Tuvalu 0.00%
Jamaica 0.00%
Armenia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 101.01% 21.34%
2021 79.67% 10.18%
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% 81.34%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%