Goods balance (credit less debit), Net (credits less debits) (US) in Armenia
Armenia: Goods balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Armenia compared with similar countries
- Armenia's -2.19 billion is below the median for upper middle income countries, which is -778.45 million, 2.8× the median. (54 countries reporting)
- Armenia's -2.19 billion is above the median for Europe & Central Asia, which is -3.17 billion, 69% of the median. (50 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0665 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0486 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0665 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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.