Travel services in Armenia
Armenia: Travel services was 44.1% in 2025. ▲ Rising
Travel services in Armenia, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2025, travel services in Armenia stood at 44.1%.
Compared with earlier readings it is up 2.4% on the previous year and down 28.7% over ten years.
Over the whole period, travel services in Armenia peaked at 67.5% in 2009 and was at its lowest, 4.9%, in 1995.
That places Armenia 84th out of 198 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Travel services in Armenia, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1995 | 4.9% | — |
| 1996 | 15.2% | +210.4% |
| 1997 | 19.3% | +27.0% |
| 1998 | 18.9% | -2.0% |
| 1999 | 22.3% | +18.0% |
| 2000 | 26.9% | +20.5% |
| 2001 | 33.7% | +25.2% |
| 2002 | 32.8% | -2.7% |
| 2003 | 28.3% | -13.6% |
| 2004 | 49.4% | +74.6% |
| 2005 | 51.8% | +4.7% |
| 2006 | 62.3% | +20.3% |
| 2007 | 63.3% | +1.7% |
| 2008 | 61.8% | -2.4% |
| 2009 | 67.5% | +9.1% |
| 2010 | 63.7% | -5.5% |
| 2011 | 55.1% | -13.5% |
| 2012 | 58.3% | +5.8% |
| 2013 | 57.9% | -0.6% |
| 2014 | 59.6% | +2.9% |
| 2015 | 61.8% | +3.7% |
| 2016 | 60.8% | -1.7% |
| 2017 | 59.5% | -2.1% |
| 2018 | 60.3% | +1.4% |
| 2019 | 62.1% | +3.0% |
| 2020 | 25.2% | -59.4% |
| 2021 | 44.5% | +76.2% |
| 2022 | 54.6% | +22.8% |
| 2023 | 53.3% | -2.5% |
| 2024 | 43.1% | -19.1% |
| 2025 | 44.1% | +2.4% |
Armenia compared with similar countries
- Armenia's 44.1% is below the median for upper middle income countries, which is 48.1%, 92% of the median. (55 countries reporting)
- Armenia's 44.1% is above the median for Europe & Central Asia, which is 20.5%, 2.1× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Travel services 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 | +210.4% | 4.9% | 15.2% |
| 2021 | +76.2% | 25.2% | 44.5% |
| 2004 | +74.6% | 28.3% | 49.4% |
| 2020 | -59.4% | 62.1% | 25.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.1% | 4.9% | 22.3% | 5 |
| 2000s | 47.8% | 26.9% | 67.5% | 10 |
| 2010s | 59.9% | 55.1% | 63.7% | 10 |
| 2020s | 44.1% | 25.2% | 54.6% | 6 |
Countries ranked near Armenia
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is travel services in Armenia?
- Travel services in Armenia was 44.1% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Armenia?
- The highest recorded value was 67.5% in 2009.
- What is the lowest travel services recorded in Armenia?
- The lowest recorded value was 4.9% in 1995.
- How does Armenia rank for travel services?
- Armenia ranks 84th out of 198 countries with data for 2025.
- Is travel services rising or falling in Armenia?
- Over the last ten years it is down 28.7%. The long-run trend across the full record is rising.
- 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.