Spending by a country’s residents while travelling abroad in Armenia

Armenia: Spending by a country’s residents while travelling abroad was 2.40 billion current US$ in 2024. ◆ Volatile

Latest (2024)
2.40 billion current US$
Change on year
up 12.2%
World rank
73rd
of 199 countries
All-time high
2.40 billion current US$
in 2024
All-time low
12.00 million current US$
in 1995
Years of data
30
1995–2024

Spending by a country’s residents while travelling abroad in Armenia, 1995–2024

0500.0M1.0B1.5B2.0B2.5B1995200920241995: 12.0M current US$1996: 26.0M current US$1997: 45.0M current US$1998: 55.0M current US$1999: 51.0M current US$2000: 56.0M current US$2001: 59.0M current US$2002: 85.0M current US$2003: 97.0M current US$2004: 199.0M current US$2005: 255.0M current US$2006: 300.0M current US$2007: 430.0M current US$2008: 494.0M current US$2009: 496.0M current US$2010: 641.0M current US$2011: 756.0M current US$2012: 874.0M current US$2013: 1.0B current US$2014: 1.1B current US$2015: 1.1B current US$2016: 1.0B current US$2017: 1.2B current US$2018: 1.3B current US$2019: 1.5B current US$2020: 301.1M current US$2021: 514.4M current US$2022: 1.5B current US$2023: 2.1B current US$2024: 2.4B current US$

Source: UN Tourism (2025) – processed by Our World in Data. Measured in current US$.

Analysis

The most recent figure for spending by a country’s residents while travelling abroad in Armenia is 2.40 billion current US$, measured in 2024. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 12.2% on the previous year and up 118.1% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad in Armenia peaked at 2.40 billion current US$ in 2024 and was at its lowest, 12.00 million current US$, in 1995.

That places Armenia 73rd out of 199 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by a country’s residents while travelling abroad in Armenia, year by year

Annual values for Spending by a country’s residents while travelling abroad in Armenia, 1995 to 2024.
Year current US$ Change
1995 12.00 million current US$ —
1996 26.00 million current US$ +116.7%
1997 45.00 million current US$ +73.1%
1998 55.00 million current US$ +22.2%
1999 51.00 million current US$ -7.3%
2000 56.00 million current US$ +9.8%
2001 59.00 million current US$ +5.4%
2002 85.00 million current US$ +44.1%
2003 97.00 million current US$ +14.1%
2004 199.00 million current US$ +105.2%
2005 255.00 million current US$ +28.1%
2006 300.00 million current US$ +17.6%
2007 430.00 million current US$ +43.3%
2008 494.00 million current US$ +14.9%
2009 496.00 million current US$ +0.4%
2010 641.00 million current US$ +29.2%
2011 756.00 million current US$ +17.9%
2012 874.00 million current US$ +15.6%
2013 1.01 billion current US$ +15.2%
2014 1.10 billion current US$ +9.3%
2015 1.06 billion current US$ -4.0%
2016 1.03 billion current US$ -2.3%
2017 1.22 billion current US$ +17.9%
2018 1.33 billion current US$ +9.6%
2019 1.54 billion current US$ +15.6%
2020 301.13 million current US$ -80.5%
2021 514.38 million current US$ +70.8%
2022 1.45 billion current US$ +182.5%
2023 2.14 billion current US$ +47.3%
2024 2.40 billion current US$ +12.2%

Armenia compared with similar countries

  • Armenia's 2.40 billion current US$ is above the median for upper middle income countries, which is 1.09 billion current US$, 2.2× the median. (56 countries reporting)
  • Armenia's 2.40 billion current US$ is below the median for Europe & Central Asia, which is 4.98 billion current US$, 48% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Spending by a country’s residents while travelling abroad in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +182.5% 514.38 million current US$ 1.45 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 37.80 million current US$ 12.00 million current US$ 55.00 million current US$ 5
2000s 247.10 million current US$ 56.00 million current US$ 496.00 million current US$ 10
2010s 1.06 billion current US$ 641.00 million current US$ 1.54 billion current US$ 10
2020s 1.36 billion current US$ 301.13 million current US$ 2.40 billion current US$ 5

Countries ranked near Armenia

  1. 70 Libya 2.68 billion current US$ compare
  2. 71 Croatia 2.67 billion current US$ compare
  3. 72 Bangladesh 2.57 billion current US$ compare
  4. 74 Bulgaria 2.38 billion current US$ compare
  5. 75 Costa Rica 2.13 billion current US$ compare
  6. 76 Estonia 2.03 billion current US$ compare

See the full ranking of 199 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is spending by a country’s residents while travelling abroad in Armenia?
Spending by a country’s residents while travelling abroad in Armenia was 2.40 billion current US$ in 2024, according to UN Tourism (2025) – processed by Our World in Data.
What is the highest spending by a country’s residents while travelling abroad recorded in Armenia?
The highest recorded value was 2.40 billion current US$ in 2024.
What is the lowest spending by a country’s residents while travelling abroad recorded in Armenia?
The lowest recorded value was 12.00 million current US$ in 1995.
How does Armenia rank for spending by a country’s residents while travelling abroad?
Armenia ranks 73rd out of 199 countries with data for 2024.
Is spending by a country’s residents while travelling abroad rising or falling in Armenia?
Over the last ten years it is up 118.1%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from UN Tourism (2025) – processed by Our World in Data, published as part of Spending by a country’s residents while travelling abroad. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad in Armenia. Statizoid, drawing on UN Tourism (2025) – processed by Our World in Data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-countrys-residents-while-travelling-abroad/armenia/

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About this data

Indicator
Spending by a country’s residents while travelling abroad
Unit
current US$
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 4,611 data points, 1995–2024
Last refreshed

Money spent by a country’s residents abroad on accommodation, food, transport, entertainment, shopping, and fares paid to foreign airlines. The data is expressed in current US dollars and is not adjusted for inflation or differences in living costs between countries.