Trade balance in low carbon technology products, Percent of GDP in Armenia

Armenia: Trade balance in low carbon technology products, Percent of GDP was -0.9203 in 2024. ◆ Volatile

Latest (2024)
-0.9203
Change on year
down 11.0%
World rank
109th
of 177 countries
All-time high
-0.3576
in 1999
All-time low
-2.53
in 2009
Years of data
27
1997–2024

Trade balance in low carbon technology products, Percent of GDP in Armenia, 1997–2024

-2.5-2-1.5-1-0.51997201020241997: -0.4741999: -0.3582000: -0.3952001: -0.8662002: -0.4792003: -0.5822004: -0.4632005: -0.4312006: -0.7352007: -0.5072008: -0.5312009: -2.52010: -1.12011: -0.6632012: -0.7042013: -12014: -12015: -0.5862016: -0.7232017: -0.9312018: -1.32019: -1.12020: -1.52021: -1.32022: -0.7662023: -0.8292024: -0.92

Source: International Monetary Fund.

Analysis

Armenia recorded -0.9203 for trade balance in low carbon technology products, percent of gdp in 2024.

That represents a change of down 11.0% on the previous year and up 8.8% over ten years.

Over the whole period, trade balance in low carbon technology products, percent of gdp in Armenia peaked at -0.3576 in 1999 and was at its lowest, -2.53, in 2009.

That places Armenia 109th out of 177 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.

Trade balance in low carbon technology products, Percent of GDP in Armenia, year by year

Annual values for Trade balance in low carbon technology products, Percent of GDP (World) in Armenia, 1997 to 2024.
Year Value Change
1997 -0.4741
1999 -0.3576 -24.6%
2000 -0.3953 +10.6%
2001 -0.8656 +119.0%
2002 -0.4789 -44.7%
2003 -0.582 +21.5%
2004 -0.4625 -20.5%
2005 -0.4311 -6.8%
2006 -0.7354 +70.6%
2007 -0.5075 -31.0%
2008 -0.5313 +4.7%
2009 -2.53 +375.8%
2010 -1.12 -55.6%
2011 -0.6632 -41.0%
2012 -0.7041 +6.2%
2013 -1.04 +47.7%
2014 -1.01 -2.9%
2015 -0.5858 -42.0%
2016 -0.723 +23.4%
2017 -0.931 +28.8%
2018 -1.33 +42.7%
2019 -1.07 -19.7%
2020 -1.49 +40.0%
2021 -1.29 -13.9%
2022 -0.7656 -40.5%
2023 -0.8291 +8.3%
2024 -0.9203 +11.0%

Armenia compared with similar countries

  • Armenia's -0.9203 is above the median for upper middle income countries, which is -0.9524, 97% of the median. (50 countries reporting)
  • Armenia's -0.9203 is below the median for Europe & Central Asia, which is -0.5163, 1.8× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Trade balance in low carbon technology products, Percent of GDP 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.

YearChange FromTo
2009 -375.8% -0.5313 -2.53

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.4158 -0.4741 -0.3576 2
2000s -0.7518 -2.53 -0.3953 10
2010s -0.9175 -1.33 -0.5858 10
2020s -1.06 -1.49 -0.7656 5

Countries ranked near Armenia

  1. 106 Aruba -0.9047 compare
  2. 107 Gambia -0.9077 compare
  3. 108 Venezuela, Bolivarian Republic of -0.9148 compare
  4. 110 Oman -0.9316 compare
  5. 111 Belarus -0.9338 compare
  6. 112 Costa Rica -0.9429 compare

See the full ranking of 177 places →

More trade data for Armenia

All data for Armenia →

Frequently asked questions

What is trade balance in low carbon technology products, percent of gdp in Armenia?
Trade balance in low carbon technology products, percent of gdp in Armenia was -0.9203 in 2024, according to International Monetary Fund.
What is the highest trade balance in low carbon technology products, percent of gdp recorded in Armenia?
The highest recorded value was -0.3576 in 1999.
What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Armenia?
The lowest recorded value was -2.53 in 2009.
How does Armenia rank for trade balance in low carbon technology products, percent of gdp?
Armenia ranks 109th out of 177 countries with data for 2024.
Is trade balance in low carbon technology products, percent of gdp rising or falling in Armenia?
Over the last ten years it is up 8.8%. 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 Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.

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Trade balance in low carbon technology products, Percent of GDP in Armenia. Statizoid, drawing on International Monetary Fund. Retrieved 14 September 2026, from https://trade.statizoid.com/stat/trade-balance-in-low-carbon-technology-products-percent-of-gdp-world/armenia/

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About this data

Indicator
Trade balance in low carbon technology products, Percent of GDP (World)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
177 places, 4,504 data points, 1994–2024
Last refreshed

This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.