Exports (As % of GDP) rose 28.4% to 0.763% in Armenia in 2024

Exports (As % of GDP) (%), 2024
Economy | Armenia | September 1, 2025
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Exports as a share of GDP rose 28.4% to 0.763% in Armenia in 2024, according to the National Statistical Office.

Historically, exports as a share of GDP in Armenia reached an all time high of 0.763% in 2024 and an all time low of 0.143% in 2008. When compared to Armenia's main peers, exports as a share of GDP in Azerbaijan amounted to 0.459%, 0.484% in Georgia, 0.229% in Iran and 0.280% in Turkey in 2024.

Armenia has been ranked 14th within the group of 130 countries we follow in terms of exports as a share of GDP, 93 places above the position seen 10 years ago.

Exports (As % of GDP) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Armenia % 0.394% 0.414% 0.298% 0.359% 0.502%
Azerbaijan % 0.541% 0.491% 0.356% 0.465% 0.600%
Bulgaria % 0.658% 0.642% 0.564% 0.618% 0.700%
Georgia % 0.497% 0.543% 0.369% 0.427% 0.525%
Greece % 0.386% 0.396% 0.315% 0.403% 0.490%
Iran % 0.311% 0.235% 0.194% 0.228% 0.268%
Iraq % 0.408% 0.381% 0.278% 0.373% 0.445%
Pakistan % 0.086% 0.094% 0.093% 0.091% 0.105%
Russia % 0.308% 0.284% 0.255% 0.300% 0.277%
Turkey % 0.312% 0.331% 0.291% 0.357% 0.386%
Turkmenistan % 0.299% 0.247% 0.178% 0.206% 0.249% ...