Annual growth of households and NPISHs final consumption expenditure in Armenia
Armenia: Annual growth of households and NPISHs final consumption expenditure was 7.9% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Armenia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of households and npishs final consumption expenditure in Armenia is 7.9%, measured in 2024.
That represents a change of up 27.4% on the previous year and up 393.8% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Armenia peaked at 14.0% in 2017 and was at its lowest, -14.0%, in 2020.
That places Armenia 24th out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.2% | — |
| 2001 | 7.2% | -12.3% |
| 2002 | 8.3% | +15.0% |
| 2003 | 7.3% | -12.3% |
| 2004 | 8.9% | +22.6% |
| 2005 | 9.1% | +2.1% |
| 2006 | 8.3% | -8.8% |
| 2007 | 13.2% | +59.5% |
| 2008 | 5.4% | -59.4% |
| 2009 | -4.5% | -183.3% |
| 2010 | 3.8% | -185.1% |
| 2011 | 2.4% | -36.8% |
| 2012 | 9.1% | +278.4% |
| 2013 | 1.7% | -81.3% |
| 2014 | 1.6% | -5.9% |
| 2015 | -7.5% | -568.7% |
| 2016 | -2.1% | -72.0% |
| 2017 | 14.0% | -766.7% |
| 2018 | 4.8% | -65.7% |
| 2019 | 11.5% | +139.6% |
| 2020 | -14.0% | -221.7% |
| 2021 | 2.7% | -119.3% |
| 2022 | 5.6% | +107.4% |
| 2023 | 6.2% | +10.7% |
| 2024 | 7.9% | +27.4% |
Armenia compared with similar countries
- Armenia's 7.9% is above the median for upper middle income countries, which is 4.5%, 1.8× the median. (46 countries reporting)
- Armenia's 7.9% is above the median for Europe & Central Asia, which is 2.2%, 3.6× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +766.7% | -2.1% | 14.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.1% | -4.5% | 13.2% | 10 |
| 2010s | 3.9% | -7.5% | 14.0% | 10 |
| 2020s | 1.7% | -14.0% | 7.9% | 5 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Armenia?
- Annual growth of households and npishs final consumption expenditure in Armenia was 7.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Armenia?
- The highest recorded value was 14.0% in 2017.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Armenia?
- The lowest recorded value was -14.0% in 2020.
- How does Armenia rank for annual growth of households and npishs final consumption expenditure?
- Armenia ranks 24th out of 186 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Armenia?
- Over the last ten years it is up 393.8%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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