Direct economic loss attributed to disasters in Armenia
Armenia: Direct economic loss attributed to disasters was 52.44 million in 2024. ◆ Volatile
Direct economic loss attributed to disasters in Armenia, 2005–2024
Source: Our World in Data.
Analysis
Armenia recorded 52.44 million for direct economic loss attributed to disasters in 2024. That is the highest value across all 20 years on record.
The figure is up 2,312.2% on the previous year and up 733.4% over ten years.
Over the whole period, direct economic loss attributed to disasters in Armenia peaked at 52.44 million in 2024 and was at its lowest, 91,875, in 2012.
Armenia ranks 56th of 130 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Direct economic loss attributed to disasters in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 825,188 | — |
| 2006 | 1.30 million | +57.7% |
| 2007 | 2.33 million | +79.0% |
| 2008 | 1.06 million | -54.7% |
| 2009 | 1.37 million | +30.0% |
| 2010 | 6.96 million | +407.3% |
| 2011 | 341,250 | -95.1% |
| 2012 | 91,875 | -73.1% |
| 2013 | 2.20 million | +2292.2% |
| 2014 | 6.29 million | +186.3% |
| 2015 | 3.08 million | -51.1% |
| 2016 | 15.46 million | +402.2% |
| 2017 | 13.69 million | -11.4% |
| 2018 | 13.28 million | -3.0% |
| 2019 | 5.41 million | -59.3% |
| 2020 | 7.96 million | +47.0% |
| 2021 | 13.93 million | +75.0% |
| 2022 | 1.58 million | -88.7% |
| 2023 | 2.17 million | +37.5% |
| 2024 | 52.44 million | +2312.3% |
Armenia compared with similar countries
- Armenia's 52.44 million is above the median for upper middle income countries, which is 9.95 million, 5.3× the median. (46 countries reporting)
- Armenia's 52.44 million is above the median for Europe & Central Asia, which is 17.64 million, 3.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Direct economic loss attributed to disasters 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 |
|---|---|---|---|
| 2024 | +2312.3% | 2.17 million | 52.44 million |
| 2013 | +2292.2% | 91,875 | 2.20 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.38 million | 825,188 | 2.33 million | 5 |
| 2010s | 6.68 million | 91,875 | 15.46 million | 10 |
| 2020s | 15.62 million | 1.58 million | 52.44 million | 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 direct economic loss attributed to disasters in Armenia?
- Direct economic loss attributed to disasters in Armenia was 52.44 million in 2024, according to Our World in Data.
- What is the highest direct economic loss attributed to disasters recorded in Armenia?
- The highest recorded value was 52.44 million in 2024.
- What is the lowest direct economic loss attributed to disasters recorded in Armenia?
- The lowest recorded value was 91,875 in 2012.
- How does Armenia rank for direct economic loss attributed to disasters?
- Armenia ranks 56th out of 130 countries with data for 2024.
- Is direct economic loss attributed to disasters rising or falling in Armenia?
- Over the last ten years it is up 733.4%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Direct economic loss attributed to disasters. Statizoid updates them automatically from the source API.
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