Spending by international visitors while visiting a country as a share of GDP in Armenia

Armenia: Spending by international visitors while visiting a country as a share of GDP was 10.5% in 2024. ◆ Volatile

Latest (2024)
10.5%
Change on year
down 24.7%
World rank
38th
of 191 countries
All-time high
13.9%
in 2023
All-time low
1.0%
in 1995
Years of data
30
1995–2024

Spending by international visitors while visiting a country as a share of GDP in Armenia, 1995–2024

0510151995200920241995: 0.953 %1996: 1.1 %1997: 2 %1998: 2.2 %1999: 2.5 %2000: 2.7 %2001: 3.8 %2002: 3.4 %2003: 3.2 %2004: 5.3 %2005: 5 %2006: 6.4 %2007: 5.7 %2008: 4.8 %2009: 6.6 %2010: 7.5 %2011: 7.5 %2012: 8 %2013: 8.1 %2014: 8.6 %2015: 9.1 %2016: 9.8 %2017: 10.6 %2018: 10.9 %2019: 11.4 %2020: 2.4 %2021: 5.9 %2022: 13.1 %2023: 13.9 %2024: 10.5 %

Source: UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in %.

Analysis

In 2024, spending by international visitors while visiting a country as a share of gdp in Armenia stood at 10.5%.

The figure is down 24.7% on the previous year and up 22.6% over ten years.

Over the whole period, spending by international visitors while visiting a country as a share of gdp in Armenia peaked at 13.9% in 2023 and was at its lowest, 1.0%, in 1995.

Armenia ranks 38th of 191 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by international visitors while visiting a country as a share of GDP in Armenia, year by year

Annual values for Spending by international visitors while visiting a country as a share of GDP in Armenia, 1995 to 2024.
Year % Change
1995 1.0%
1996 1.1% +18.2%
1997 2.0% +78.6%
1998 2.2% +7.6%
1999 2.5% +17.6%
2000 2.7% +6.8%
2001 3.8% +40.6%
2002 3.4% -10.9%
2003 3.2% -5.9%
2004 5.3% +64.8%
2005 5.0% -6.2%
2006 6.4% +28.2%
2007 5.7% -10.8%
2008 4.8% -14.7%
2009 6.6% +36.3%
2010 7.5% +13.7%
2011 7.5% +0.3%
2012 8.0% +6.9%
2013 8.1% +1.3%
2014 8.6% +5.2%
2015 9.1% +5.8%
2016 9.8% +8.5%
2017 10.6% +8.0%
2018 10.9% +2.7%
2019 11.4% +4.6%
2020 2.4% -79.4%
2021 5.9% +149.1%
2022 13.1% +124.3%
2023 13.9% +6.1%
2024 10.5% -24.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.8% 1.0% 2.5% 5
2000s 4.7% 2.7% 6.6% 10
2010s 9.2% 7.5% 11.4% 10
2020s 9.2% 2.4% 13.9% 5

Countries ranked near Armenia

  1. 35 El Salvador 11.2% compare
  2. 36 Qatar 10.9% compare
  3. 37 Panama 10.5% compare
  4. 39 Cyprus 10.4% compare
  5. 40 Micronesia, Federated States of 10.3% compare
  6. 41 Greece 10.2% compare

See the full ranking of 191 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is spending by international visitors while visiting a country as a share of gdp in Armenia?
Spending by international visitors while visiting a country as a share of gdp in Armenia was 10.5% in 2024, according to UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest spending by international visitors while visiting a country as a share of gdp recorded in Armenia?
The highest recorded value was 13.9% in 2023.
What is the lowest spending by international visitors while visiting a country as a share of gdp recorded in Armenia?
The lowest recorded value was 1.0% in 1995.
How does Armenia rank for spending by international visitors while visiting a country as a share of gdp?
Armenia ranks 38th out of 191 countries with data for 2024.
Is spending by international visitors while visiting a country as a share of gdp rising or falling in Armenia?
Over the last ten years it is up 22.6%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Spending by international visitors while visiting a country as a share of GDP. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country as a share of GDP in Armenia. Statizoid, drawing on UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-as-a-share-of-gdp/armenia/

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About this data

Indicator
Spending by international visitors while visiting a country as a share of GDP
Unit
%
Source
UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 4,349 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, transport, entertainment, shopping, and fares paid to the country’s own airlines, as a share of, as a share of GDP.