How many years of comparable data are there for Armenia and Georgia?

36 years are reported by both, from 1990 to 2025.

Where does this data come from?

National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Armenia vs Georgia: External balance on goods and services as a percent of GDP

Armenia

-5.5%

in 2025

Georgia

-5.8%

in 2025

Armenia rank

114th

Georgia rank

116th

External balance on goods and services as a percent of GDP over time

Armenia
Georgia

How they compare

Armenia currently reports -5.5% against -5.8% in Georgia, a difference of 0.3%.

The two have swapped places 7 times across 36 shared years of data; in 1990 it was Georgia ahead.

Armenia ranks 114th and Georgia ranks 116th of 191 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Georgia in 3.

Head to head by decade

Decade	Armenia	Georgia	Difference	Ahead
1990s	-27.1%	-21.8%	5.3%	Georgia
2000s	-21.0%	-19.4%	1.7%	Georgia
2010s	-16.8%	-14.4%	2.5%	Georgia
2020s	-4.7%	-11.2%	6.5%	Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Armenia or Georgia?: Armenia, at -5.5% against -5.8% in Georgia as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Armenia and Georgia?: 0.3%, with Armenia ahead.
How many years of comparable data are there for Armenia and Georgia?: 36 years are reported by both, from 1990 to 2025.
How do Armenia and Georgia rank globally for external balance on goods and services as a percent of gdp?: Armenia ranks 114th and Georgia ranks 116th of 191 countries.
Where does this data come from?: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Georgia: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/armenia/georgia/

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<a href="https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/armenia/georgia/">Armenia vs Georgia: External balance on goods and services as a percent of GDP</a> — Statizoid

About this data

Indicator: External balance on goods and services as a percent of GDP
Unit: % of GDP
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 191 places, 9,006 data points, 1960–2025
Last refreshed: 28 August 2026

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.