GDP in Armenia
Armenia: GDP was 17.49 billion constant 2015 US$ in 2025. ◆ Volatile
GDP in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gdp in Armenia stood at 17.49 billion constant 2015 US$. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 65.7% over ten years.
Over the whole period, gdp in Armenia peaked at 17.49 billion constant 2015 US$ in 2025 and was at its lowest, 2.74 billion constant 2015 US$, in 1993.
Armenia ranks 125th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Armenia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 5.84 billion constant 2015 US$ | — |
| 1991 | 5.16 billion constant 2015 US$ | -11.7% |
| 1992 | 3.00 billion constant 2015 US$ | -41.8% |
| 1993 | 2.74 billion constant 2015 US$ | -8.8% |
| 1994 | 2.88 billion constant 2015 US$ | +5.4% |
| 1995 | 3.08 billion constant 2015 US$ | +6.9% |
| 1996 | 3.26 billion constant 2015 US$ | +5.9% |
| 1997 | 3.37 billion constant 2015 US$ | +3.3% |
| 1998 | 3.62 billion constant 2015 US$ | +7.3% |
| 1999 | 3.74 billion constant 2015 US$ | +3.3% |
| 2000 | 3.96 billion constant 2015 US$ | +5.9% |
| 2001 | 4.34 billion constant 2015 US$ | +9.6% |
| 2002 | 4.91 billion constant 2015 US$ | +13.2% |
| 2003 | 5.60 billion constant 2015 US$ | +14.0% |
| 2004 | 6.19 billion constant 2015 US$ | +10.5% |
| 2005 | 7.05 billion constant 2015 US$ | +13.9% |
| 2006 | 7.98 billion constant 2015 US$ | +13.2% |
| 2007 | 9.07 billion constant 2015 US$ | +13.7% |
| 2008 | 9.70 billion constant 2015 US$ | +6.9% |
| 2009 | 8.33 billion constant 2015 US$ | -14.1% |
| 2010 | 8.51 billion constant 2015 US$ | +2.2% |
| 2011 | 8.91 billion constant 2015 US$ | +4.7% |
| 2012 | 9.56 billion constant 2015 US$ | +7.2% |
| 2013 | 9.87 billion constant 2015 US$ | +3.3% |
| 2014 | 10.23 billion constant 2015 US$ | +3.6% |
| 2015 | 10.55 billion constant 2015 US$ | +3.2% |
| 2016 | 10.57 billion constant 2015 US$ | +0.2% |
| 2017 | 11.37 billion constant 2015 US$ | +7.5% |
| 2018 | 11.96 billion constant 2015 US$ | +5.2% |
| 2019 | 12.87 billion constant 2015 US$ | +7.6% |
| 2020 | 11.94 billion constant 2015 US$ | -7.2% |
| 2021 | 12.63 billion constant 2015 US$ | +5.8% |
| 2022 | 14.23 billion constant 2015 US$ | +12.6% |
| 2023 | 15.41 billion constant 2015 US$ | +8.3% |
| 2024 | 16.32 billion constant 2015 US$ | +5.9% |
| 2025 | 17.49 billion constant 2015 US$ | +7.2% |
Armenia compared with similar countries
- Armenia's 17.49 billion constant 2015 US$ is below the median for upper middle income countries, which is 49.29 billion constant 2015 US$, 35% of the median. (59 countries reporting)
- Armenia's 17.49 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 70.96 billion constant 2015 US$, 25% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -41.8% | 5.16 billion constant 2015 US$ | 3.00 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.67 billion constant 2015 US$ | 2.74 billion constant 2015 US$ | 5.84 billion constant 2015 US$ | 10 |
| 2000s | 6.71 billion constant 2015 US$ | 3.96 billion constant 2015 US$ | 9.70 billion constant 2015 US$ | 10 |
| 2010s | 10.44 billion constant 2015 US$ | 8.51 billion constant 2015 US$ | 12.87 billion constant 2015 US$ | 10 |
| 2020s | 14.67 billion constant 2015 US$ | 11.94 billion constant 2015 US$ | 17.49 billion constant 2015 US$ | 6 |
Countries ranked near Armenia
- 122 Malta 20.40 billion constant 2015 US$ compare
- 123 Burkina Faso 18.95 billion constant 2015 US$ compare
- 124 Chad 18.35 billion constant 2015 US$ compare
- 126 Mongolia 17.42 billion constant 2015 US$ compare
- 127 Botswana 17.40 billion constant 2015 US$ compare
- 128 Jamaica 17.32 billion constant 2015 US$ compare
More economy & growth data for Armenia
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gdp in Armenia?
- Gdp in Armenia was 17.49 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Armenia?
- The highest recorded value was 17.49 billion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Armenia?
- The lowest recorded value was 2.74 billion constant 2015 US$ in 1993.
- How does Armenia rank for gdp?
- Armenia ranks 125th out of 212 countries with data for 2025.
- Is gdp rising or falling in Armenia?
- Over the last ten years it is up 65.7%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.