Services, Debit/Expenditure in Armenia
Armenia: Services, Debit/Expenditure was 4.39 billion in 2024. ◆ Volatile
Services, Debit/Expenditure in Armenia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Armenia stood at 4.39 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 16.6% on the previous year and up 153.3% over ten years.
Over the whole period, services, debit/expenditure in Armenia peaked at 4.39 billion in 2024 and was at its lowest, 578.07 million, in 2005.
That places Armenia 95th 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.
Services, Debit/Expenditure in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 578.07 million | — |
| 2006 | 682.02 million | +18.0% |
| 2007 | 954.20 million | +39.9% |
| 2008 | 1.15 billion | +20.4% |
| 2009 | 1.06 billion | -7.5% |
| 2010 | 1.27 billion | +20.0% |
| 2011 | 1.38 billion | +8.0% |
| 2012 | 1.50 billion | +9.3% |
| 2013 | 1.65 billion | +9.4% |
| 2014 | 1.73 billion | +5.4% |
| 2015 | 1.61 billion | -7.2% |
| 2016 | 1.60 billion | -0.5% |
| 2017 | 1.86 billion | +16.2% |
| 2018 | 2.19 billion | +17.8% |
| 2019 | 2.55 billion | +16.5% |
| 2020 | 1.01 billion | -60.3% |
| 2021 | 1.37 billion | +35.5% |
| 2022 | 2.72 billion | +98.3% |
| 2023 | 3.77 billion | +38.3% |
| 2024 | 4.39 billion | +16.6% |
Armenia compared with similar countries
- Armenia's 4.39 billion is above the median for upper middle income countries, which is 4.11 billion, 1.1× the median. (54 countries reporting)
- Armenia's 4.39 billion is below the median for Europe & Central Asia, which is 18.83 billion, 23% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Services, Debit/Expenditure 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 |
|---|---|---|---|
| 2022 | +98.3% | 1.37 billion | 2.72 billion |
| 2020 | -60.3% | 2.55 billion | 1.01 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 884.96 million | 578.07 million | 1.15 billion | 5 |
| 2010s | 1.74 billion | 1.27 billion | 2.55 billion | 10 |
| 2020s | 2.65 billion | 1.01 billion | 4.39 billion | 5 |
Countries ranked near Armenia
More trade data for Armenia
- Commodity Net Export Price Index, Individual Commodities Weighted by 129.87 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 106.55 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.45 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 111.42 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 94.28 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 74.42 (2025)
- Imports of low carbon technology products, Percent of GDP 1.14 (2024)
- Imports of low carbon technology products, US dollar (World), per 97.24 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0114 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 56.11 million (2024)
Frequently asked questions
- What is services, debit/expenditure in Armenia?
- Services, debit/expenditure in Armenia was 4.39 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Armenia?
- The highest recorded value was 4.39 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Armenia?
- The lowest recorded value was 578.07 million in 2005.
- How does Armenia rank for services, debit/expenditure?
- Armenia ranks 95th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Armenia?
- Over the last ten years it is up 153.3%. 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 Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
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.