Goods balance (credit less debit), Net (credits less debits) in Armenia
Armenia: Goods balance (credit less debit), Net (credits less debits) was -2.19 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Armenia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Armenia is -2.19 billion, measured in 2024.
The figure is up 9.6% on the previous year and down 6.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Armenia peaked at -634.67 million in 2005 and was at its lowest, -2.82 billion, in 2008.
Armenia ranks 124th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -634.67 million | — |
| 2006 | -946.97 million | +49.2% |
| 2007 | -1.72 billion | +81.3% |
| 2008 | -2.82 billion | +64.0% |
| 2009 | -2.09 billion | -25.8% |
| 2010 | -2.07 billion | -1.2% |
| 2011 | -2.11 billion | +2.1% |
| 2012 | -2.11 billion | +0.1% |
| 2013 | -2.20 billion | +4.0% |
| 2014 | -2.06 billion | -6.4% |
| 2015 | -1.19 billion | -42.3% |
| 2016 | -976.86 million | -17.7% |
| 2017 | -1.41 billion | +43.8% |
| 2018 | -1.76 billion | +25.5% |
| 2019 | -1.72 billion | -2.3% |
| 2020 | -1.38 billion | -19.7% |
| 2021 | -1.50 billion | +8.9% |
| 2022 | -1.80 billion | +19.8% |
| 2023 | -2.43 billion | +34.7% |
| 2024 | -2.19 billion | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.64 billion | -2.82 billion | -634.67 million | 5 |
| 2010s | -1.76 billion | -2.20 billion | -976.86 million | 10 |
| 2020s | -1.86 billion | -2.43 billion | -1.38 billion | 5 |
Countries ranked near Armenia
More financial sector data for Armenia
- Total reserves in months of imports, annual growth rate 65.35 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 31.52 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.127 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,203 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 31.48 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,204 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 31.48 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,204 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Armenia?
- Goods balance (credit less debit), net (credits less debits) in Armenia was -2.19 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Armenia?
- The highest recorded value was -634.67 million in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Armenia?
- The lowest recorded value was -2.82 billion in 2008.
- How does Armenia rank for goods balance (credit less debit), net (credits less debits)?
- Armenia ranks 124th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Armenia?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (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.