Goods, Debit/Expenditure in Armenia

Armenia: Goods, Debit/Expenditure was 15.41 billion in 2024. ◆ Volatile

Latest (2024)
15.41 billion
Change on year
up 36.5%
World rank
91st
of 198 countries
All-time high
15.41 billion
in 2024
All-time low
1.66 billion
in 2005
Years of data
20
2005–2024

Goods, Debit/Expenditure in Armenia, 2005–2024

05.0B10.0B15.0B2005201420242005: 1.7B2006: 2.0B2007: 2.9B2008: 3.9B2009: 2.9B2010: 3.3B2011: 3.5B2012: 3.6B2013: 3.8B2014: 3.8B2015: 2.8B2016: 2.9B2017: 3.8B2018: 4.5B2019: 5.0B2020: 4.0B2021: 4.7B2022: 7.7B2023: 11.3B2024: 15.4B

Source: International Monetary Fund.

Analysis

In 2024, goods, debit/expenditure in Armenia stood at 15.41 billion. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 36.5% on the previous year and up 310.6% over ten years.

Over the whole period, goods, debit/expenditure in Armenia peaked at 15.41 billion in 2024 and was at its lowest, 1.66 billion, in 2005.

That places Armenia 91st out of 198 countries with data for 2024, putting it in the middle of the range.

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

Goods, Debit/Expenditure in Armenia, year by year

Annual values for Goods, Debit/Expenditure (US dollar) in Armenia, 2005 to 2024.
Year Value Change
2005 1.66 billion —
2006 2.00 billion +20.2%
2007 2.92 billion +46.1%
2008 3.92 billion +34.3%
2009 2.86 billion -27.0%
2010 3.26 billion +14.0%
2011 3.54 billion +8.5%
2012 3.63 billion +2.4%
2013 3.83 billion +5.6%
2014 3.75 billion -2.0%
2015 2.81 billion -25.1%
2016 2.87 billion +2.1%
2017 3.79 billion +32.2%
2018 4.49 billion +18.3%
2019 5.03 billion +12.0%
2020 4.05 billion -19.5%
2021 4.72 billion +16.7%
2022 7.71 billion +63.4%
2023 11.29 billion +46.4%
2024 15.41 billion +36.5%

Armenia compared with similar countries

  • Armenia's 15.41 billion is below the median for upper middle income countries, which is 15.62 billion, 99% of the median. (54 countries reporting)
  • Armenia's 15.41 billion is below the median for Europe & Central Asia, which is 57.28 billion, 27% of the median. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.67 billion 1.66 billion 3.92 billion 5
2010s 3.70 billion 2.81 billion 5.03 billion 10
2020s 8.64 billion 4.05 billion 15.41 billion 5

Countries ranked near Armenia

  1. 88 Venezuela 16.34 billion compare
  2. 89 Syria 15.88 billion compare
  3. 90 Paraguay 15.84 billion compare
  4. 92 Ghana 15.39 billion compare
  5. 93 Cote d'Ivoire 15.37 billion compare
  6. 94 Georgia 15.16 billion compare

See the full ranking of 207 places →

More trade data for Armenia

All data for Armenia →

Frequently asked questions

What is goods, debit/expenditure in Armenia?
Goods, debit/expenditure in Armenia was 15.41 billion in 2024, according to International Monetary Fund.
What is the highest goods, debit/expenditure recorded in Armenia?
The highest recorded value was 15.41 billion in 2024.
What is the lowest goods, debit/expenditure recorded in Armenia?
The lowest recorded value was 1.66 billion in 2005.
How does Armenia rank for goods, debit/expenditure?
Armenia ranks 91st out of 198 countries with data for 2024.
Is goods, debit/expenditure rising or falling in Armenia?
Over the last ten years it is up 310.6%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Goods, Debit/Expenditure in Armenia. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 2026, from https://trade.statizoid.com/stat/goods-debit-expenditure-us-dollar/armenia/

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About this data

Indicator
Goods, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.