Travel services in Armenia
Armenia: Travel services was 49.9% in 2025. ◆ Volatile
Travel services in Armenia, 1993–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for travel services in Armenia is 49.9%, measured in 2025.
The figure is up 2.0% on the previous year and down 19.4% over ten years.
Over the whole period, travel services in Armenia peaked at 62.5% in 2017 and was at its lowest, 0.7%, in 1993.
Armenia ranks 12th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Armenia, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1993 | 0.7% | — |
| 1994 | 1.6% | +122.1% |
| 1995 | 4.3% | +172.4% |
| 1996 | 15.0% | +246.0% |
| 1997 | 22.8% | +51.8% |
| 1998 | 21.2% | -6.8% |
| 1999 | 18.8% | -11.3% |
| 2000 | 19.3% | +2.7% |
| 2001 | 13.4% | -30.4% |
| 2002 | 17.8% | +32.3% |
| 2003 | 19.0% | +6.6% |
| 2004 | 32.2% | +69.9% |
| 2005 | 35.8% | +11.2% |
| 2006 | 38.8% | +8.3% |
| 2007 | 39.7% | +2.3% |
| 2008 | 37.8% | -4.7% |
| 2009 | 41.7% | +10.3% |
| 2010 | 45.4% | +8.9% |
| 2011 | 49.9% | +9.9% |
| 2012 | 53.4% | +6.9% |
| 2013 | 56.5% | +5.9% |
| 2014 | 59.1% | +4.5% |
| 2015 | 61.9% | +4.8% |
| 2016 | 61.2% | -1.1% |
| 2017 | 62.5% | +2.1% |
| 2018 | 58.5% | -6.4% |
| 2019 | 58.3% | -0.3% |
| 2020 | 27.4% | -52.9% |
| 2021 | 33.9% | +23.6% |
| 2022 | 48.2% | +42.1% |
| 2023 | 51.2% | +6.3% |
| 2024 | 48.9% | -4.6% |
| 2025 | 49.9% | +2.0% |
Armenia compared with similar countries
- Armenia's 49.9% is above the median for upper middle income countries, which is 22.9%, 2.2× the median. (55 countries reporting)
- Armenia's 49.9% is above the median for Europe & Central Asia, which is 20.5%, 2.4× 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 | +246.0% | 4.3% | 15.0% |
| 1995 | +172.4% | 1.6% | 4.3% |
| 1994 | +122.1% | 0.7% | 1.6% |
| 2004 | +69.9% | 19.0% | 32.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.1% | 0.7% | 22.8% | 7 |
| 2000s | 29.6% | 13.4% | 41.7% | 10 |
| 2010s | 56.7% | 45.4% | 62.5% | 10 |
| 2020s | 43.3% | 27.4% | 51.2% | 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 49.9% 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 62.5% in 2017.
- What is the lowest travel services recorded in Armenia?
- The lowest recorded value was 0.7% in 1993.
- How does Armenia rank for travel services?
- Armenia ranks 12th out of 198 countries with data for 2025.
- Is travel services rising or falling in Armenia?
- Over the last ten years it is down 19.4%. 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 Travel services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 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 imports which are services provided by non-residents to residents.