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% | ... |