Armenia vs Western Europe: Gross Domestic Product — Value US$, 2015 prices, annual growth rate
Armenia
5.9 % change on previous year
in 2024
Western Europe
0.4755 % change on previous year
in 2024
Armenia rank
28th
Western Europe rank
30th
Gross Domestic Product — Value US$, 2015 prices, annual growth rate over time
- Armenia
- Western Europe
How they compare
Armenia currently reports 5.9 % change on previous year against 0.4755 % change on previous year in Western Europe, a difference of 5.42 % change on previous year.
That makes Armenia's figure about 12.4 times Western Europe's.
The two have swapped places 7 times across 33 shared years of data; in 1992 it was Western Europe ahead.
Armenia ranks 28th and Western Europe ranks 30th of 236 countries.
Across the 4 decades both report, Armenia averaged higher in 3 and Western Europe in 1.
Head to head by decade
| Decade | Armenia | Western Europe | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -2.32 % change on previous year | 1.9 % change on previous year | 4.22 % change on previous year | Western Europe |
| 2000s | 8.86 % change on previous year | 1.31 % change on previous year | 7.55 % change on previous year | Armenia |
| 2010s | 4.47 % change on previous year | 1.72 % change on previous year | 2.75 % change on previous year | Armenia |
| 2020s | 5.17 % change on previous year | 0.7056 % change on previous year | 4.46 % 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$, 2015 prices, annual growth rate, Armenia or Western Europe?
- Armenia, at 5.9 % change on previous year against 0.4755 % change on previous year in Western Europe as of 2024.
- What is the difference in gross domestic product — value us$, 2015 prices, annual growth rate between Armenia and Western Europe?
- 5.42 % change on previous year, with Armenia ahead.
- How many years of comparable data are there for Armenia and Western Europe?
- 33 years are reported by both, from 1992 to 2024.
- How do Armenia and Western Europe rank globally for gross domestic product — value us$, 2015 prices, annual growth rate?
- Armenia ranks 28th and Western Europe ranks 30th of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.