Spending by international visitors while visiting a country in Armenia

Armenia: Spending by international visitors while visiting a country was 2.72 billion current US$ in 2024. ◆ Volatile

Latest (2024)
2.72 billion current US$
Change on year
down 19.2%
World rank
82nd
of 203 countries
All-time high
3.37 billion current US$
in 2023
All-time low
14.00 million current US$
in 1995
Years of data
30
1995–2024

Spending by international visitors while visiting a country in Armenia, 1995–2024

01.0B2.0B3.0B1995200920241995: 14.0M current US$1996: 18.0M current US$1997: 33.0M current US$1998: 41.0M current US$1999: 47.0M current US$2000: 52.0M current US$2001: 81.0M current US$2002: 81.0M current US$2003: 90.0M current US$2004: 189.0M current US$2005: 243.0M current US$2006: 406.0M current US$2007: 522.0M current US$2008: 564.0M current US$2009: 570.0M current US$2010: 694.0M current US$2011: 762.0M current US$2012: 853.0M current US$2013: 905.0M current US$2014: 994.0M current US$2015: 956.0M current US$2016: 1.0B current US$2017: 1.2B current US$2018: 1.4B current US$2019: 1.6B current US$2020: 297.4M current US$2021: 813.4M current US$2022: 2.6B current US$2023: 3.4B current US$2024: 2.7B current US$

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

Analysis

Armenia recorded 2.72 billion current US$ for spending by international visitors while visiting a country in 2024.

That represents a change of down 19.2% on the previous year and up 174.0% over ten years.

Over the whole period, spending by international visitors while visiting a country in Armenia peaked at 3.37 billion current US$ in 2023 and was at its lowest, 14.00 million current US$, in 1995.

Armenia ranks 82nd of 203 countries on this measure, in the middle of the range.

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

Spending by international visitors while visiting a country in Armenia, year by year

Annual values for Spending by international visitors while visiting a country in Armenia, 1995 to 2024.
Year current US$ Change
1995 14.00 million current US$
1996 18.00 million current US$ +28.6%
1997 33.00 million current US$ +83.3%
1998 41.00 million current US$ +24.2%
1999 47.00 million current US$ +14.6%
2000 52.00 million current US$ +10.6%
2001 81.00 million current US$ +55.8%
2002 81.00 million current US$ +0.0%
2003 90.00 million current US$ +11.1%
2004 189.00 million current US$ +110.0%
2005 243.00 million current US$ +28.6%
2006 406.00 million current US$ +67.1%
2007 522.00 million current US$ +28.6%
2008 564.00 million current US$ +8.0%
2009 570.00 million current US$ +1.1%
2010 694.00 million current US$ +21.8%
2011 762.00 million current US$ +9.8%
2012 853.00 million current US$ +11.9%
2013 905.00 million current US$ +6.1%
2014 994.00 million current US$ +9.8%
2015 956.00 million current US$ -3.8%
2016 1.04 billion current US$ +8.5%
2017 1.22 billion current US$ +18.0%
2018 1.36 billion current US$ +10.9%
2019 1.55 billion current US$ +14.4%
2020 297.41 million current US$ -80.8%
2021 813.43 million current US$ +173.5%
2022 2.56 billion current US$ +215.3%
2023 3.37 billion current US$ +31.4%
2024 2.72 billion current US$ -19.2%

Armenia compared with similar countries

  • Armenia's 2.72 billion current US$ is above the median for upper middle income countries, which is 1.79 billion current US$, 1.5× the median. (57 countries reporting)
  • Armenia's 2.72 billion current US$ is below the median for Europe & Central Asia, which is 6.00 billion current US$, 45% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Spending by international visitors while visiting a country 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 +215.3% 813.43 million current US$ 2.56 billion current US$
2021 +173.5% 297.41 million current US$ 813.43 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 30.60 million current US$ 14.00 million current US$ 47.00 million current US$ 5
2000s 279.80 million current US$ 52.00 million current US$ 570.00 million current US$ 10
2010s 1.03 billion current US$ 694.00 million current US$ 1.55 billion current US$ 10
2020s 1.95 billion current US$ 297.41 million current US$ 3.37 billion current US$ 5

Countries ranked near Armenia

  1. 79 Iceland 3.22 billion current US$ compare
  2. 80 Kuwait 2.88 billion current US$ compare
  3. 81 Kazakhstan 2.82 billion current US$ compare
  4. 83 Aruba 2.63 billion current US$ compare
  5. 84 Andorra 2.52 billion current US$ compare
  6. 85 Myanmar 2.50 billion current US$ compare

See the full ranking of 203 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is spending by international visitors while visiting a country in Armenia?
Spending by international visitors while visiting a country in Armenia was 2.72 billion current US$ in 2024, according to UN Tourism (2025) – processed by Our World in Data.
What is the highest spending by international visitors while visiting a country recorded in Armenia?
The highest recorded value was 3.37 billion current US$ in 2023.
What is the lowest spending by international visitors while visiting a country recorded in Armenia?
The lowest recorded value was 14.00 million current US$ in 1995.
How does Armenia rank for spending by international visitors while visiting a country?
Armenia ranks 82nd out of 203 countries with data for 2024.
Is spending by international visitors while visiting a country rising or falling in Armenia?
Over the last ten years it is up 174.0%. 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 international visitors while visiting a country. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country in Armenia. Statizoid, drawing on UN Tourism (2025) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country/armenia/

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About this data

Indicator
Spending by international visitors while visiting a country
Unit
current US$
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
203 places, 4,579 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, local transport, entertainment, shopping, and fares paid to the country’s own airlines. The data is expressed in current US dollars and is not adjusted for inflation or differences in living costs between countries.