Armenia Trade to GDP Ratio 1990-2022

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 2020 was 70.06%, a 25.68% decline from 2019.
  • Armenia trade to gdp ratio for 2019 was 95.74%, a 3.26% increase from 2018.
  • Armenia trade to gdp ratio for 2018 was 92.47%, a 5.27% increase from 2017.
  • Armenia trade to gdp ratio for 2017 was 87.20%, a 11.12% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 129.06%
Belarus 120.68%
Malaysia 116.50%
Libya 114.06%
Bulgaria 110.57%
Belize 110.33%
Dominica 110.19%
Serbia 104.88%
Suriname 101.60%
Thailand 97.93%
Jamaica 89.97%
Equatorial Guinea 89.78%
Montenegro 86.28%
Bosnia 83.25%
Samoa 82.81%
Romania 78.98%
Mauritius 78.72%
Mexico 77.98%
Grenada 77.44%
Botswana 76.03%
Namibia 74.51%
Fiji 72.48%
Azerbaijan 72.16%
Lebanon 71.72%
Gabon 70.60%
Armenia 70.06%
Jordan 65.37%
Paraguay 65.27%
Albania 61.33%
Turkey 60.89%
Costa Rica 59.54%
South Africa 56.00%
Russia 46.08%
Algeria 45.23%
Dominican Republic 44.29%
Peru 43.44%
Ecuador 43.29%
Guatemala 41.84%
Iran 36.15%
China 34.51%
Colombia 33.65%
Brazil 32.35%
Armenia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2020 70.06% -25.68%
2019 95.74% 3.26%
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%