Service exports (BoP, current US$), annual growth rate in Armenia

Armenia: Service exports (BoP, current US$), annual growth rate was 4.58 % change on previous year in 2025. ◆ Volatile

Latest (2025)
4.58 % change on previous year
Change on year
up 7,512.2%
World rank
145th
of 199 countries
All-time high
171.71 % change on previous year
in 1996
All-time low
-53.71 % change on previous year
in 2020
Years of data
32
1994–2025

Service exports (BoP, current US$), annual growth rate in Armenia, 1994–2025

-500501001501994200920251994: -20.9 % change on previous year1995: 109.2 % change on previous year1996: 171.7 % change on previous year1997: 30.2 % change on previous year1998: 25.1 % change on previous year1999: 9.7 % change on previous year2000: 1.1 % change on previous year2001: 37.2 % change on previous year2002: 0.188 % change on previous year2003: 33 % change on previous year2004: 35.2 % change on previous year2005: 24 % change on previous year2006: 38 % change on previous year2007: 28.7 % change on previous year2008: 9.6 % change on previous year2009: -6.2 % change on previous year2010: 29 % change on previous year2011: 29.4 % change on previous year2012: 6.9 % change on previous year2013: 8.4 % change on previous year2014: 6.6 % change on previous year2015: -6.6 % change on previous year2016: 10.5 % change on previous year2017: 20.9 % change on previous year2018: 8.9 % change on previous year2019: 11.7 % change on previous year2020: -53.7 % change on previous year2021: 54.9 % change on previous year2022: 151.1 % change on previous year2023: 32.2 % change on previous year2024: 0.06 % change on previous year2025: 4.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for service exports (bop, current us$), annual growth rate in Armenia is 4.58 % change on previous year, measured in 2025.

That represents a change of up 7,512.2% on the previous year and up 169.7% over ten years.

Over the whole period, service exports (bop, current us$), annual growth rate in Armenia peaked at 171.71 % change on previous year in 1996 and was at its lowest, -53.71 % change on previous year, in 2020.

That places Armenia 145th out of 199 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.

Service exports (BoP, current US$), annual growth rate in Armenia, year by year

Annual values for Service exports (BoP, current US$), annual growth rate in Armenia, 1994 to 2025.
Year % change on previous year Change
1994 -20.89 % change on previous year
1995 109.22 % change on previous year -622.8%
1996 171.71 % change on previous year +57.2%
1997 30.16 % change on previous year -82.4%
1998 25.14 % change on previous year -16.7%
1999 9.75 % change on previous year -61.2%
2000 1.08 % change on previous year -88.9%
2001 37.2 % change on previous year +3331.2%
2002 0.1879 % change on previous year -99.5%
2003 33.03 % change on previous year +17475.9%
2004 35.16 % change on previous year +6.5%
2005 23.96 % change on previous year -31.9%
2006 38.03 % change on previous year +58.8%
2007 28.71 % change on previous year -24.5%
2008 9.57 % change on previous year -66.7%
2009 -6.17 % change on previous year -164.5%
2010 28.96 % change on previous year -569.4%
2011 29.36 % change on previous year +1.4%
2012 6.95 % change on previous year -76.3%
2013 8.4 % change on previous year +20.9%
2014 6.63 % change on previous year -21.0%
2015 -6.57 % change on previous year -199.0%
2016 10.48 % change on previous year -259.6%
2017 20.95 % change on previous year +99.8%
2018 8.87 % change on previous year -57.6%
2019 11.66 % change on previous year +31.4%
2020 -53.71 % change on previous year -560.7%
2021 54.91 % change on previous year -202.2%
2022 151.1 % change on previous year +175.2%
2023 32.16 % change on previous year -78.7%
2024 0.0602 % change on previous year -99.8%
2025 4.58 % change on previous year +7512.2%

Armenia compared with similar countries

  • Armenia's 4.58 % change on previous year is below the median for upper middle income countries, which is 8.86 % change on previous year, 52% of the median. (57 countries reporting)
  • Armenia's 4.58 % change on previous year is below the median for Europe & Central Asia, which is 9.57 % change on previous year, 48% of the median. (51 countries reporting)

Biggest year-on-year movements

Years where Service exports (BoP, current US$), annual growth rate in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2003 +17475.9% 0.1879 % change on previous year 33.03 % change on previous year
2025 +7512.2% 0.0602 % change on previous year 4.58 % change on previous year
2001 +3331.2% 1.08 % change on previous year 37.2 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 54.18 % change on previous year -20.89 % change on previous year 171.71 % change on previous year 6
2000s 20.08 % change on previous year -6.17 % change on previous year 38.03 % change on previous year 10
2010s 12.57 % change on previous year -6.57 % change on previous year 29.36 % change on previous year 10
2020s 31.52 % change on previous year -53.71 % change on previous year 151.1 % change on previous year 6

Countries ranked near Armenia

  1. 142 Switzerland 5.02 % change on previous year compare
  2. 143 Greece 5.01 % change on previous year compare
  3. 144 Bosnia and Herzegovina 4.59 % change on previous year compare
  4. 146 El Salvador 4.38 % change on previous year compare
  5. 147 Ukraine 4.27 % change on previous year compare
  6. 148 Finland 3.91 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is service exports (bop, current us$), annual growth rate in Armenia?
Service exports (bop, current us$), annual growth rate in Armenia was 4.58 % change on previous year in 2025, according to Statizoid (derived).
What is the highest service exports (bop, current us$), annual growth rate recorded in Armenia?
The highest recorded value was 171.71 % change on previous year in 1996.
What is the lowest service exports (bop, current us$), annual growth rate recorded in Armenia?
The lowest recorded value was -53.71 % change on previous year in 2020.
How does Armenia rank for service exports (bop, current us$), annual growth rate?
Armenia ranks 145th out of 199 countries with data for 2025.
Is service exports (bop, current us$), annual growth rate rising or falling in Armenia?
Over the last ten years it is up 169.7%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Service exports (BoP, current US$), annual growth rate in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/service-exports-bop-current-us-annual-growth-rate/armenia/

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How this figure is calculated

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Service exports (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 9,476 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.