Armenia vs European Union (27): Gross Domestic Product — Value US$, 2015 prices, annual growth rate

Armenia
5.9 % change on previous year
in 2024
European Union (27)
1.03 % change on previous year
in 2024
Armenia rank
28th
European Union (27) rank
28th

Gross Domestic Product — Value US$, 2015 prices, annual growth rate over time

  • Armenia
  • European Union (27)
-40-20020197119972024

How they compare

Armenia currently reports 5.9 % change on previous year against 1.03 % change on previous year in European Union (27), a difference of 4.87 % change on previous year.

That makes Armenia's figure about 5.8 times European Union (27)'s.

The two have swapped places 7 times across 33 shared years of data; in 1992 it was European Union (27) ahead.

Armenia ranks 28th and European Union (27) ranks 28th of 236 countries.

Across the 4 decades both report, Armenia averaged higher in 3 and European Union (27) in 1.

Head to head by decade

Decade Armenia European Union (27) Difference Ahead
1990s -2.32 % change on previous year 2.04 % change on previous year 4.35 % change on previous year European Union (27)
2000s 8.86 % change on previous year 1.57 % change on previous year 7.29 % change on previous year Armenia
2010s 4.47 % change on previous year 1.6 % change on previous year 2.87 % change on previous year Armenia
2020s 5.17 % change on previous year 1.15 % change on previous year 4.02 % change on previous year Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value us$, 2015 prices, annual growth rate, Armenia or European Union (27)?
Armenia, at 5.9 % change on previous year against 1.03 % change on previous year in European Union (27) as of 2024.
What is the difference in gross domestic product — value us$, 2015 prices, annual growth rate between Armenia and European Union (27)?
4.87 % change on previous year, with Armenia ahead.
How many years of comparable data are there for Armenia and European Union (27)?
33 years are reported by both, from 1992 to 2024.
How do Armenia and European Union (27) rank globally for gross domestic product — value us$, 2015 prices, annual growth rate?
Armenia ranks 28th and European Union (27) ranks 28th of 236 countries.
Where does this data come from?
Statizoid (derived), published as Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs European Union (27): Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-us-2015-prices-annual-growth-rate/armenia/european-union-27/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,306 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.