Armenia vs Asia: Merchandise trade as a proportion of GDP

Armenia
116.2%
in 2024
Asia
48.3%
in 2024
Armenia rank
20th
Asia rank
17th

Merchandise trade as a proportion of GDP over time

  • Armenia
  • Asia
406080100120200020122024

How they compare

Armenia currently reports 116.2% against 48.3% in Asia, a difference of 67.9%.

That makes Armenia's figure about 2.4 times Asia's.

The two have swapped places 2 times across 25 shared years of data; in 2000 it was Armenia ahead.

Armenia ranks 20th and Asia ranks 17th of 218 countries.

Armenia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Armenia Asia Difference Ahead
2000s 55.8% 48.7% 7.1% Armenia
2010s 53.1% 49.5% 3.6% Armenia
2020s 78.7% 47.2% 31.4% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade as a proportion of gdp, Armenia or Asia?
Armenia, at 116.2% against 48.3% in Asia as of 2024.
What is the difference in merchandise trade as a proportion of gdp between Armenia and Asia?
67.9%, with Armenia ahead.
How many years of comparable data are there for Armenia and Asia?
25 years are reported by both, from 2000 to 2024.
How do Armenia and Asia rank globally for merchandise trade as a proportion of gdp?
Armenia ranks 20th and Asia ranks 17th of 218 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Asia: Merchandise trade as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/merchandise-trade-as-a-proportion-of-gdp-percent/armenia/asia/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
255 places, 6,196 data points, 2000–2024
Last refreshed