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
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$, in 1993.
That places Armenia 106th out of 198 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Armenia, year by year
| Year | BoP, current US$ | 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% |
Armenia compared with similar countries
- Armenia's 8.53 billion BoP, current US$ is below the median for upper middle income countries, which is 13.03 billion BoP, current US$, 65% of the median. (56 countries reporting)
- Armenia's 8.53 billion BoP, current US$ is below the median for Europe & Central Asia, which is 47.85 billion BoP, current US$, 18% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 236.00 million BoP, current US$ | 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
- 103 Tanzania 9.12 billion BoP, current US$ compare
- 104 Tunisia 8.95 billion BoP, current US$ compare
- 105 Uganda 8.67 billion BoP, current US$ compare
- 107 Mozambique 8.21 billion BoP, current US$ compare
- 108 North Macedonia 7.87 billion BoP, current US$ compare
- 109 Zimbabwe 7.79 billion BoP, current US$ compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
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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About this data
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.