Armenia Tourism Receipts
International tourism receipts ST.INT.RCPT.CD
Armenia's tourism receipts was $303.0M in 2020, ranked 85th globally. This represents a 80.5% decrease from 2019. Data from World Bank, covering 1995–2020.
Overview
Armenia's tourism receipts stood at $303.0M in 2020, a decline of +$1.3B from 2019. Armenia ranked 85th globally.
Armenia’s tourism receipts have risen dramatically from an all‑time trough of 14,000,000.00 in 1995 to a peak of 1,553,000,000.00 in 2019, before falling to 303,000,000.00 in 2020, ranking 85th globally. The steep ascent over the 26‑year series reflects expanding visitor numbers, diversification of cultural and natural attractions, and targeted marketing after the post‑Soviet transition. The 2020 decline corresponds with the worldwide pandemic‑induced travel shock that cut revenues across the sector, bringing Armenia’s earnings close to those of peers such as Guatemala (298,500,000.00) and Nigeria (321,000,000.00). Despite the setback, the long‑run trajectory remains upward, supported by infrastructure upgrades, visa facilitation, and the development of niche tourism products. Continued investment in connectivity and promotion, coupled with a stable geopolitical environment, is likely to restore growth and push receipts beyond the 2019 high in the coming years.
Data & projection
| Year | Tourism Receipts | YoY change | Rank |
|---|---|---|---|
| 2020 | $303.0M | −$1.3B | #85 |
| 2019 | $1.6B | +$195.0M | #82 |
| 2018 | $1.4B | +$134.0M | #88 |
| 2017 | $1.2B | +$187.0M | #87 |
| 2016 | $1.0B | +$81.0M | #91 |
| 2015 | $956.0M | −$38.0M | #92 |
| 2014 | $994.0M | +$89.0M | #90 |
| 2013 | $905.0M | +$52.0M | #94 |
| 2012 | $853.0M | +$91.0M | #92 |
| 2011 | $762.0M | +$68.0M | #90 |
| 2010 | $694.0M | +$124.0M | #91 |
| 2009 | $570.0M | +$6.0M | #93 |
| 2008 | $564.0M | +$42.0M | #97 |
| 2007 | $522.0M | +$116.0M | #100 |
| 2006 | $406.0M | +$163.0M | #97 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw tourism receipts improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's tourism receipts was $303.0M in 2020. Ranked 85th globally. This represents a 80.5% decrease from the previous year.
Armenia's tourism receipts peaked at $1.6B in 2019.
The lowest tourism receipts in Armenia was $14.0M in 1995.
Armenia ranks 85th globally in tourism receipts as of 2020.
The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.
Armenia's tourism receipts was approximately 303 million ($303.0M) in 2020.
The tourism receipts of Armenia in 2020 was $303.0M. This ranks 85th in the world.
Cite this page
@misc{historysaid_armenia_tourism-receipts,
title = {Armenia Tourism Receipts},
url = {https://historysaid.com/armenia/tourism-receipts/},
publisher = {HistorySaid},
year = {2026}
}