Merchandise trade as a share of gdp reached 60.5% in 2021 in Armenia, according to the National Statistical Office. This is 7.60% more than in the previous year.
Historically, merchandise trade as a share of GDP in Armenia reached an all time high of 71.8% in 1996 and an all time low of 22.7% in 1992.
Armenia has been ranked 80th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP.
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