Value of imported goods as a share of GDP in Armenia
Armenia: Value of imported goods as a share of GDP was 64.5% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Armenia, 1992–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Armenia recorded 64.5% for value of imported goods as a share of gdp in 2024. That is the highest value across all 33 years on record.
The figure is up 25.2% on the previous year and up 70.5% over ten years.
Over the whole period, value of imported goods as a share of gdp in Armenia peaked at 64.5% in 2024 and was at its lowest, 4.0%, in 1992.
That places Armenia 27th out of 201 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Value of imported goods as a share of GDP in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 4.0% | — |
| 1993 | 20.8% | +418.4% |
| 1994 | 29.8% | +43.1% |
| 1995 | 44.8% | +50.2% |
| 1996 | 47.2% | +5.4% |
| 1997 | 54.2% | +14.8% |
| 1998 | 46.9% | -13.4% |
| 1999 | 44.4% | -5.4% |
| 2000 | 43.8% | -1.3% |
| 2001 | 40.6% | -7.3% |
| 2002 | 41.4% | +2.0% |
| 2003 | 45.2% | +9.0% |
| 2004 | 37.6% | -16.8% |
| 2005 | 36.7% | -2.4% |
| 2006 | 34.3% | -6.5% |
| 2007 | 35.5% | +3.4% |
| 2008 | 37.9% | +7.0% |
| 2009 | 38.2% | +0.7% |
| 2010 | 40.5% | +5.9% |
| 2011 | 40.8% | +0.9% |
| 2012 | 40.1% | -1.7% |
| 2013 | 40.2% | +0.3% |
| 2014 | 37.9% | -5.9% |
| 2015 | 30.7% | -19.0% |
| 2016 | 30.7% | +0.2% |
| 2017 | 35.3% | +14.9% |
| 2018 | 39.5% | +12.0% |
| 2019 | 40.2% | +1.7% |
| 2020 | 35.5% | -11.6% |
| 2021 | 37.7% | +6.1% |
| 2022 | 44.1% | +16.9% |
| 2023 | 51.5% | +17.0% |
| 2024 | 64.5% | +25.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.5% | 4.0% | 54.2% | 8 |
| 2000s | 39.1% | 34.3% | 45.2% | 10 |
| 2010s | 37.6% | 30.7% | 40.8% | 10 |
| 2020s | 46.7% | 35.5% | 64.5% | 5 |
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 value of imported goods as a share of gdp in Armenia?
- Value of imported goods as a share of gdp in Armenia was 64.5% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Armenia?
- The highest recorded value was 64.5% in 2024.
- What is the lowest value of imported goods as a share of gdp recorded in Armenia?
- The lowest recorded value was 4.0% in 1992.
- How does Armenia rank for value of imported goods as a share of gdp?
- Armenia ranks 27th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Armenia?
- Over the last ten years it is up 70.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).