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.
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
- External balance on goods and services as a percent of GDP -5.5% (2025)
- Inflation of consumer prices 3.3% (2025)
- GDP per capita 5,666 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.0% (2025)
- Gross domestic product (GDP) 17.49 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 5,666 constant 2015 US$ (2025)
- DEC alternative conversion factor 387.01 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 134.65 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 347.93 million current US$ (2025)
- Taxes less subsidies on products 1.20 trillion current LCU (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.