External balance on goods and services in Armenia
Armenia: External balance on goods and services was -5.5% in 2025. ◆ Volatile
External balance on goods and services in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Armenia recorded -5.5% for external balance on goods and services in 2025.
That represents a change of down 95.7% on the previous year and up 55.0% over ten years.
Over the whole period, external balance on goods and services in Armenia peaked at -0.7% in 2022 and was at its lowest, -38.3%, in 1995.
That places Armenia 114th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -11.3% | — |
| 1991 | -19.4% | +71.0% |
| 1992 | -21.4% | +10.6% |
| 1993 | -13.5% | -36.9% |
| 1994 | -33.8% | +149.5% |
| 1995 | -38.3% | +13.3% |
| 1996 | -32.7% | -14.4% |
| 1997 | -38.0% | +16.0% |
| 1998 | -33.8% | -11.0% |
| 1999 | -29.0% | -14.2% |
| 2000 | -27.9% | -3.9% |
| 2001 | -21.6% | -22.7% |
| 2002 | -18.3% | -15.1% |
| 2003 | -19.1% | +4.2% |
| 2004 | -16.7% | -12.6% |
| 2005 | -15.5% | -7.0% |
| 2006 | -16.7% | +7.9% |
| 2007 | -20.6% | +23.0% |
| 2008 | -26.0% | +26.3% |
| 2009 | -27.9% | +7.4% |
| 2010 | -25.1% | -10.0% |
| 2011 | -24.4% | -3.0% |
| 2012 | -20.8% | -14.6% |
| 2013 | -20.8% | +0.0% |
| 2014 | -18.7% | -10.5% |
| 2015 | -12.2% | -34.4% |
| 2016 | -8.6% | -29.8% |
| 2017 | -10.8% | +25.4% |
| 2018 | -13.7% | +27.1% |
| 2019 | -13.3% | -2.7% |
| 2020 | -10.0% | -25.2% |
| 2021 | -7.9% | -20.6% |
| 2022 | -0.7% | -90.7% |
| 2023 | -1.4% | +90.3% |
| 2024 | -2.8% | +100.7% |
| 2025 | -5.5% | +95.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -27.1% | -38.3% | -11.3% | 10 |
| 2000s | -21.0% | -27.9% | -15.5% | 10 |
| 2010s | -16.8% | -25.1% | -8.6% | 10 |
| 2020s | -4.7% | -10.0% | -0.7% | 6 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Armenia?
- External balance on goods and services in Armenia was -5.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Armenia?
- The highest recorded value was -0.7% in 2022.
- What is the lowest external balance on goods and services recorded in Armenia?
- The lowest recorded value was -38.3% in 1995.
- How does Armenia rank for external balance on goods and services?
- Armenia ranks 114th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Armenia?
- Over the last ten years it is up 55.0%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.