Share of service in total exports in Armenia

Armenia: Share of service in total exports was 8.53 billion BoP, current US$ in 2025. ◆ Volatile

Latest (2025)
8.53 billion BoP, current US$
Change on year
down 35.5%
World rank
106th
of 198 countries
All-time high
13.22 billion BoP, current US$
in 2024
All-time low
156.19 million BoP, current US$
in 1993
Years of data
33
1993–2025

Share of service in total exports in Armenia, 1993–2025

05.0B10.0B15.0B1993200920251993: 156.2M BoP, current US$1994: 215.3M BoP, current US$1995: 275.0M BoP, current US$1996: 292.0M BoP, current US$1997: 234.0M BoP, current US$1998: 232.5M BoP, current US$1999: 246.9M BoP, current US$2000: 313.8M BoP, current US$2001: 369.3M BoP, current US$2002: 554.6M BoP, current US$2003: 725.0M BoP, current US$2004: 770.4M BoP, current US$2005: 1.0B BoP, current US$2006: 1.1B BoP, current US$2007: 1.2B BoP, current US$2008: 1.1B BoP, current US$2009: 773.6M BoP, current US$2010: 1.2B BoP, current US$2011: 1.4B BoP, current US$2012: 1.5B BoP, current US$2013: 1.6B BoP, current US$2014: 1.7B BoP, current US$2015: 1.6B BoP, current US$2016: 1.9B BoP, current US$2017: 2.4B BoP, current US$2018: 2.7B BoP, current US$2019: 3.3B BoP, current US$2020: 2.7B BoP, current US$2021: 3.2B BoP, current US$2022: 5.9B BoP, current US$2023: 8.9B BoP, current US$2024: 13.2B BoP, current US$2025: 8.5B BoP, current US$

Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.

Analysis

The most recent figure for share of service in total exports in Armenia is 8.53 billion BoP, current US$, measured in 2025.

That represents a change of down 35.5% on the previous year and up 425.0% over ten years.

Over the whole period, share of service in total exports in Armenia peaked at 13.22 billion BoP, current US$ in 2024 and was at its lowest, 156.19 million BoP, current US$, in 1993.

That places Armenia 106th out of 198 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.

Share of service in total exports in Armenia, year by year

Annual values for Share of service in total exports in Armenia, 1993 to 2025.
Year BoP, current US$ Change
1993 156.19 million BoP, current US$
1994 215.35 million BoP, current US$ +37.9%
1995 275.02 million BoP, current US$ +27.7%
1996 292.04 million BoP, current US$ +6.2%
1997 233.97 million BoP, current US$ -19.9%
1998 232.51 million BoP, current US$ -0.6%
1999 246.90 million BoP, current US$ +6.2%
2000 313.76 million BoP, current US$ +27.1%
2001 369.34 million BoP, current US$ +17.7%
2002 554.56 million BoP, current US$ +50.1%
2003 724.99 million BoP, current US$ +30.7%
2004 770.35 million BoP, current US$ +6.3%
2005 1.03 billion BoP, current US$ +33.5%
2006 1.05 billion BoP, current US$ +2.4%
2007 1.20 billion BoP, current US$ +14.4%
2008 1.11 billion BoP, current US$ -8.1%
2009 773.62 million BoP, current US$ -30.1%
2010 1.20 billion BoP, current US$ +54.8%
2011 1.43 billion BoP, current US$ +19.5%
2012 1.52 billion BoP, current US$ +5.9%
2013 1.64 billion BoP, current US$ +7.9%
2014 1.70 billion BoP, current US$ +3.8%
2015 1.62 billion BoP, current US$ -4.4%
2016 1.89 billion BoP, current US$ +16.5%
2017 2.39 billion BoP, current US$ +26.2%
2018 2.72 billion BoP, current US$ +14.1%
2019 3.31 billion BoP, current US$ +21.3%
2020 2.66 billion BoP, current US$ -19.4%
2021 3.22 billion BoP, current US$ +20.7%
2022 5.91 billion BoP, current US$ +83.9%
2023 8.87 billion BoP, current US$ +50.0%
2024 13.22 billion BoP, current US$ +49.1%
2025 8.53 billion BoP, current US$ -35.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 236.00 million BoP, current US$ 156.19 million BoP, current US$ 292.04 million BoP, current US$ 7
2000s 789.88 million BoP, current US$ 313.76 million BoP, current US$ 1.20 billion BoP, current US$ 10
2010s 1.94 billion BoP, current US$ 1.20 billion BoP, current US$ 3.31 billion BoP, current US$ 10
2020s 7.07 billion BoP, current US$ 2.66 billion BoP, current US$ 13.22 billion BoP, current US$ 6

Countries ranked near Armenia

  1. 103 Tanzania, United Republic of 9.12 billion BoP, current US$ compare
  2. 104 Tunisia 8.95 billion BoP, current US$ compare
  3. 105 Uganda 8.67 billion BoP, current US$ compare
  4. 107 Mozambique 8.21 billion BoP, current US$ compare
  5. 108 North Macedonia 7.87 billion BoP, current US$ compare
  6. 109 Zimbabwe 7.79 billion BoP, current US$ compare

See the full ranking of 198 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is share of service in total exports in Armenia?
Share of service in total exports in Armenia was 8.53 billion BoP, current US$ in 2025, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
What is the highest share of service in total exports recorded in Armenia?
The highest recorded value was 13.22 billion BoP, current US$ in 2024.
What is the lowest share of service in total exports recorded in Armenia?
The lowest recorded value was 156.19 million BoP, current US$ in 1993.
How does Armenia rank for share of service in total exports?
Armenia ranks 106th out of 198 countries with data for 2025.
Is share of service in total exports rising or falling in Armenia?
Over the last ten years it is up 425.0%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.

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Share of service in total exports in Armenia. Statizoid, drawing on International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/share-of-service-in-total-exports/armenia/

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About this data

Indicator
Share of service in total exports
Unit
BoP, current US$
Source
International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 7,759 data points, 1960–2025
Last refreshed

Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.