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Armenia Services Employment

Employment in services  SL.SRV.EMPL.ZS

Armenia's services employment was 51.73% in 2025, ranked 66th globally. This represents a 0.2% increase from 2024. Data from World Bank, covering 1991–2025.

51.73% +0.11% (+0.2%)
Year 2025 Rank #66 Global Peak 52.94% (2021) Source World Bank

Armenia Services Employment (1991–2025)

Overview

Armenia's services employment stood at 51.73% in 2025, a rise of +0.11% from 2024. Based on recent trends, this figure is projected to reach 51.36% by 2026. Armenia ranked 66th globally.

Armenia’s services sector employed 51.73 percent of the labour force in 2025, ranking it 66th worldwide, and representing a modest rise from the 37.58 percent recorded in 1991. The share climbed steadily after the early‑1990s trough of 36.53 percent in 1994, reaching an all‑time high of 52.94 percent in 2021 before a slight retreat. Over the 35‑year series, the sector’s contribution has expanded by more than 14 percentage points, reflecting structural shifts toward tourism, finance and information services that accompany the country’s gradual integration into global markets. Armenia’s performance is comparable to peers such as Iran (51.67 percent) and Fiji (51.71 percent) in 2025, underscoring a regional convergence toward service‑oriented economies. Continued investment in digital infrastructure and vocational training could sustain the upward trajectory, while adverse external shocks or policy setbacks might stall further gains.

Data & projection

Year Services Employment YoY change Rank
2028* trend 51.29% - -
2027* trend 51.32% - -
2026* trend 51.36% - -
2025 51.73% +0.11% #66
2024 51.62% +0.16% #66
2023 51.46% +1.92% #66
2022 49.54% −3.39% #64
2021 52.94% +0.72% #77
2020 52.22% +1.86% #73
2019 50.36% +2.05% #67
2018 48.31% −3.64% #61
2017 51.95% +1.33% #73
2016 50.62% +1.86% #71
2015 48.76% +0.31% #64
2014 48.45% +0.15% #64
2013 48.30% +2.01% #64
2012 46.29% +0.42% #60
2011 45.87% +0.78% #61
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +27.3% GDP growth 12.6% C/A balance 0.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Armenia's services employment?▾

Armenia's services employment was 51.73% in 2025. Ranked 66th globally. This represents a 0.2% increase from the previous year.

What was the highest services employment in Armenia?▾

Armenia's services employment peaked at 52.94% in 2021.

What was the lowest services employment in Armenia?▾

The lowest services employment in Armenia was 36.53% in 1994.

How does Armenia rank in services employment?▾

Armenia ranks 66th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Armenia in 2026?▾

Armenia's services employment is projected to reach 51.36% by 2026 based on trend extrapolation.

What is the services employment of Armenia in 2025?▾

The services employment of Armenia in 2025 was 51.73%. This ranks 66th in the world.

Cite this page

APA
Armenia Services Employment. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/armenia/services-employment/
BibTeX
@misc{historysaid_armenia_services-employment, title = {Armenia Services Employment}, url = {https://historysaid.com/armenia/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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