Armenia - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Armenia was 56.19 as of 2020. Its highest value over the past 28 years was 71.76 in 1996, while its lowest value was 22.71 in 1992.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1992 22.71
1993 34.13
1994 46.38
1995 64.36
1996 71.76
1997 68.62
1998 59.30
1999 55.92
2000 61.52
2001 57.45
2002 62.79
2003 70.04
2004 57.99
2005 56.65
2006 49.76
2007 48.01
2008 47.02
2009 46.61
2010 51.77
2011 54.02
2012 53.12
2013 53.56
2014 50.99
2015 44.76
2016 48.03
2017 55.81
2018 59.20
2019 59.87
2020 56.19

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade