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 2021 was 78.01%, a 8.52% increase from 2020.
  • Armenia trade to gdp ratio for 2020 was 69.49%, a 26.62% decline from 2019.
  • Armenia trade to gdp ratio for 2019 was 96.11%, a 3.64% increase from 2018.
  • Armenia trade to gdp ratio for 2018 was 92.47%, a 5.27% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 147.81%
Nauru 146.95%
Belarus 138.74%
Malaysia 130.73%
Bulgaria 124.99%
Thailand 116.68%
Serbia 116.65%
Montenegro 105.75%
Belize 105.31%
Equatorial Guinea 102.07%
Bosnia 101.28%
Romania 87.36%
Mauritius 86.09%
Mexico 82.36%
Jordan 82.21%
Namibia 81.27%
Armenia 78.01%
Azerbaijan 76.57%
Fiji 75.05%
Jamaica 74.53%
Albania 74.52%
Gabon 73.67%
Paraguay 71.72%
Turkey 71.21%
Costa Rica 70.61%
Samoa 64.95%
South Africa 56.07%
Peru 55.50%
Dominican Republic 52.73%
Russia 52.13%
Ecuador 51.39%
Algeria 50.25%
Guatemala 49.46%
Colombia 40.58%
Brazil 39.18%
China 37.43%
Armenia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 78.01% 8.52%
2020 69.49% -26.62%
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%