Service exports (BoP, current US$) in Armenia
Armenia: Service exports (BoP, current US$) was 6.07 billion BoP, current US$ in 2025. ◆ Volatile
Service exports in Armenia, 1993–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Armenia is 6.07 billion BoP, current US$, measured in 2025. That is the highest value across all 33 years on record.
That represents a change of up 3.8% on the previous year and up 301.2% over ten years.
Over the whole period, service exports in Armenia peaked at 6.07 billion BoP, current US$ in 2025 and was at its lowest, 13.67 million BoP, current US$, in 1994.
That places Armenia 90th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Armenia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1993 | 17.28 million BoP, current US$ | — |
| 1994 | 13.67 million BoP, current US$ | -20.9% |
| 1995 | 28.60 million BoP, current US$ | +109.2% |
| 1996 | 77.71 million BoP, current US$ | +171.7% |
| 1997 | 101.15 million BoP, current US$ | +30.2% |
| 1998 | 126.57 million BoP, current US$ | +25.1% |
| 1999 | 138.91 million BoP, current US$ | +9.7% |
| 2000 | 140.41 million BoP, current US$ | +1.1% |
| 2001 | 192.65 million BoP, current US$ | +37.2% |
| 2002 | 193.01 million BoP, current US$ | +0.2% |
| 2003 | 256.75 million BoP, current US$ | +33.0% |
| 2004 | 347.02 million BoP, current US$ | +35.2% |
| 2005 | 430.15 million BoP, current US$ | +24.0% |
| 2006 | 593.74 million BoP, current US$ | +38.0% |
| 2007 | 764.22 million BoP, current US$ | +28.7% |
| 2008 | 837.34 million BoP, current US$ | +9.6% |
| 2009 | 785.68 million BoP, current US$ | -6.2% |
| 2010 | 1.01 billion BoP, current US$ | +29.0% |
| 2011 | 1.31 billion BoP, current US$ | +29.4% |
| 2012 | 1.40 billion BoP, current US$ | +6.9% |
| 2013 | 1.52 billion BoP, current US$ | +8.4% |
| 2014 | 1.62 billion BoP, current US$ | +6.6% |
| 2015 | 1.51 billion BoP, current US$ | -6.6% |
| 2016 | 1.67 billion BoP, current US$ | +10.5% |
| 2017 | 2.02 billion BoP, current US$ | +20.9% |
| 2018 | 2.20 billion BoP, current US$ | +8.9% |
| 2019 | 2.46 billion BoP, current US$ | +11.7% |
| 2020 | 1.14 billion BoP, current US$ | -53.7% |
| 2021 | 1.76 billion BoP, current US$ | +54.9% |
| 2022 | 4.44 billion BoP, current US$ | +152.0% |
| 2023 | 5.81 billion BoP, current US$ | +30.9% |
| 2024 | 5.85 billion BoP, current US$ | +0.6% |
| 2025 | 6.07 billion BoP, current US$ | +3.8% |
Armenia compared with similar countries
- Armenia's 6.07 billion BoP, current US$ is above the median for upper middle income countries, which is 4.91 billion BoP, current US$, 1.2× the median. (57 countries reporting)
- Armenia's 6.07 billion BoP, current US$ is below the median for Europe & Central Asia, which is 26.72 billion BoP, current US$, 23% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +171.7% | 28.60 million BoP, current US$ | 77.71 million BoP, current US$ |
| 2022 | +152.0% | 1.76 billion BoP, current US$ | 4.44 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 71.98 million BoP, current US$ | 13.67 million BoP, current US$ | 138.91 million BoP, current US$ | 7 |
| 2000s | 454.10 million BoP, current US$ | 140.41 million BoP, current US$ | 837.34 million BoP, current US$ | 10 |
| 2010s | 1.67 billion BoP, current US$ | 1.01 billion BoP, current US$ | 2.46 billion BoP, current US$ | 10 |
| 2020s | 4.18 billion BoP, current US$ | 1.14 billion BoP, current US$ | 6.07 billion BoP, current US$ | 6 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is service exports in Armenia?
- Service exports in Armenia was 6.07 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Armenia?
- The highest recorded value was 6.07 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Armenia?
- The lowest recorded value was 13.67 million BoP, current US$ in 1994.
- How does Armenia rank for service exports?
- Armenia ranks 90th out of 200 countries with data for 2025.
- Is service exports rising or falling in Armenia?
- Over the last ten years it is up 301.2%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.