Armenia vs Western Europe: Gross National Income — Value US$, annual growth rate
Armenia
24.11 % change on previous year
in 2023
Western Europe
9.01 % change on previous year
in 2023
Armenia rank
8th
Western Europe rank
8th
Gross National Income — Value US$, annual growth rate over time
- Armenia
- Western Europe
How they compare
Armenia currently reports 24.11 % change on previous year against 9.01 % change on previous year in Western Europe, a difference of 15.1 % change on previous year.
That makes Armenia's figure about 2.7 times Western Europe's.
The two have swapped places 15 times across 32 shared years of data; in 1992 it was Western Europe ahead.
Armenia ranks 8th and Western Europe ranks 8th 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 | 1.65 % change on previous year | 2.62 % change on previous year | 0.9713 % change on previous year | Western Europe |
| 2000s | 18.92 % change on previous year | 6.06 % change on previous year | 12.85 % change on previous year | Armenia |
| 2010s | 4.16 % change on previous year | 1.21 % change on previous year | 2.95 % change on previous year | Armenia |
| 2020s | 15.79 % change on previous year | 3.98 % change on previous year | 11.81 % change on previous year | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national income — value us$, annual growth rate, Armenia or Western Europe?
- Armenia, at 24.11 % change on previous year against 9.01 % change on previous year in Western Europe as of 2023.
- What is the difference in gross national income — value us$, annual growth rate between Armenia and Western Europe?
- 15.1 % change on previous year, with Armenia ahead.
- How many years of comparable data are there for Armenia and Western Europe?
- 32 years are reported by both, from 1992 to 2023.
- How do Armenia and Western Europe rank globally for gross national income — value us$, annual growth rate?
- Armenia ranks 8th and Western Europe ranks 8th of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross National Income — Value US$, 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 National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.