Merchandise exports by the reporting economy (current US$), per unit in Armenia
Armenia: Merchandise exports by the reporting economy (current US$), per unit was 0.3529 current US$ per US$ of GDP in 2023. ▲ Rising
Merchandise exports by the reporting economy (current US$), per unit in Armenia, 1992–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for merchandise exports by the reporting economy (current us$), per unit in Armenia is 0.3529 current US$ per US$ of GDP, measured in 2023. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 28.8% on the previous year and up 168.1% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Armenia peaked at 0.3529 current US$ per US$ of GDP in 2023 and was at its lowest, 0.0052 current US$ per US$ of GDP, in 1992.
That places Armenia 53rd out of 202 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Merchandise exports by the reporting economy (current US$), per unit in Armenia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.0052 current US$ per US$ of GDP | — |
| 1993 | 0.1175 current US$ per US$ of GDP | +2172.5% |
| 1994 | 0.144 current US$ per US$ of GDP | +22.6% |
| 1995 | 0.1634 current US$ per US$ of GDP | +13.5% |
| 1996 | 0.1499 current US$ per US$ of GDP | -8.3% |
| 1997 | 0.1403 current US$ per US$ of GDP | -6.4% |
| 1998 | 0.112 current US$ per US$ of GDP | -20.2% |
| 1999 | 0.1209 current US$ per US$ of GDP | +7.9% |
| 2000 | 0.141 current US$ per US$ of GDP | +16.6% |
| 2001 | 0.16 current US$ per US$ of GDP | +13.4% |
| 2002 | 0.2118 current US$ per US$ of GDP | +32.4% |
| 2003 | 0.244 current US$ per US$ of GDP | +15.2% |
| 2004 | 0.2017 current US$ per US$ of GDP | -17.3% |
| 2005 | 0.1987 current US$ per US$ of GDP | -1.5% |
| 2006 | 0.1537 current US$ per US$ of GDP | -22.7% |
| 2007 | 0.1246 current US$ per US$ of GDP | -18.9% |
| 2008 | 0.0901 current US$ per US$ of GDP | -27.7% |
| 2009 | 0.0796 current US$ per US$ of GDP | -11.7% |
| 2010 | 0.1112 current US$ per US$ of GDP | +39.7% |
| 2011 | 0.1292 current US$ per US$ of GDP | +16.2% |
| 2012 | 0.1327 current US$ per US$ of GDP | +2.7% |
| 2013 | 0.1316 current US$ per US$ of GDP | -0.8% |
| 2014 | 0.1293 current US$ per US$ of GDP | -1.7% |
| 2015 | 0.1398 current US$ per US$ of GDP | +8.1% |
| 2016 | 0.1673 current US$ per US$ of GDP | +19.6% |
| 2017 | 0.1925 current US$ per US$ of GDP | +15.1% |
| 2018 | 0.1921 current US$ per US$ of GDP | -0.2% |
| 2019 | 0.1934 current US$ per US$ of GDP | +0.7% |
| 2020 | 0.2003 current US$ per US$ of GDP | +3.6% |
| 2021 | 0.2162 current US$ per US$ of GDP | +7.9% |
| 2022 | 0.2739 current US$ per US$ of GDP | +26.7% |
| 2023 | 0.3529 current US$ per US$ of GDP | +28.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1191 current US$ per US$ of GDP | 0.0052 current US$ per US$ of GDP | 0.1634 current US$ per US$ of GDP | 8 |
| 2000s | 0.1605 current US$ per US$ of GDP | 0.0796 current US$ per US$ of GDP | 0.244 current US$ per US$ of GDP | 10 |
| 2010s | 0.1519 current US$ per US$ of GDP | 0.1112 current US$ per US$ of GDP | 0.1934 current US$ per US$ of GDP | 10 |
| 2020s | 0.2608 current US$ per US$ of GDP | 0.2003 current US$ per US$ of GDP | 0.3529 current US$ per US$ of GDP | 4 |
Countries ranked near Armenia
- 50 Ireland 0.3653 current US$ per US$ of GDP compare
- 51 Angola 0.3628 current US$ per US$ of GDP compare
- 52 Norway 0.3535 current US$ per US$ of GDP compare
- 54 Papua New Guinea 0.3523 current US$ per US$ of GDP compare
- 55 Belarus 0.3486 current US$ per US$ of GDP compare
- 56 Republic of Korea 0.3427 current US$ per US$ of GDP compare
More private sector data for Armenia
- Merchandise trade 73.3% (2025)
- Food imports 8.4% (2024)
- Manufactures imports 43.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Food exports 9.4% (2024)
- Manufactures exports 29.5% (2024)
- Merchandise exports 8.39 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,720 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2871 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.88 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), per unit in Armenia?
- Merchandise exports by the reporting economy (current us$), per unit in Armenia was 0.3529 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Armenia?
- The highest recorded value was 0.3529 current US$ per US$ of GDP in 2023.
- What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Armenia?
- The lowest recorded value was 0.0052 current US$ per US$ of GDP in 1992.
- How does Armenia rank for merchandise exports by the reporting economy (current us$), per unit?
- Armenia ranks 53rd out of 202 countries with data for 2023.
- Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Armenia?
- Over the last ten years it is up 168.1%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.