Value of imported goods as a share of GDP in Armenia
Armenia: Value of imported goods as a share of GDP was 37.8% in 2014. ▼ Falling
Value of imported goods as a share of GDP in Armenia, 1994–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
Armenia recorded 37.8% for value of imported goods as a share of gdp in 2014.
That represents a change of down 6.1% on the previous year and up 0.1% over ten years.
Over the whole period, value of imported goods as a share of gdp in Armenia peaked at 54.4% in 1997 and was at its lowest, 32.9%, in 1994.
Armenia ranks 101st of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Value of imported goods as a share of GDP in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 32.9% | — |
| 1995 | 47.4% | +44.2% |
| 1996 | 53.9% | +13.8% |
| 1997 | 54.4% | +0.8% |
| 1998 | 47.7% | -12.4% |
| 1999 | 45.7% | -4.2% |
| 2000 | 46.3% | +1.4% |
| 2001 | 41.4% | -10.6% |
| 2002 | 41.5% | +0.3% |
| 2003 | 45.6% | +9.8% |
| 2004 | 37.8% | -17.1% |
| 2005 | 36.8% | -2.6% |
| 2006 | 34.3% | -6.7% |
| 2007 | 35.5% | +3.4% |
| 2008 | 38.0% | +6.9% |
| 2009 | 38.2% | +0.7% |
| 2010 | 40.5% | +6.0% |
| 2011 | 40.9% | +0.9% |
| 2012 | 40.2% | -1.7% |
| 2013 | 40.3% | +0.2% |
| 2014 | 37.8% | -6.1% |
Armenia compared with similar countries
- Armenia's 37.8% is below the median for upper middle income countries, which is 41.9%, 90% of the median. (56 countries reporting)
- Armenia's 37.8% is below the median for Europe & Central Asia, which is 39.4%, 96% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.0% | 32.9% | 54.4% | 6 |
| 2000s | 39.5% | 34.3% | 46.3% | 10 |
| 2010s | 39.9% | 37.8% | 40.9% | 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 37.8% in 2014, according to Fouquin and Hugot (2016) – processed 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 54.4% in 1997.
- What is the lowest value of imported goods as a share of gdp recorded in Armenia?
- The lowest recorded value was 32.9% in 1994.
- How does Armenia rank for value of imported goods as a share of gdp?
- Armenia ranks 101st out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Armenia?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Fouquin and Hugot (2016) – processed 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
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.