GDP in Armenia
Armenia: GDP was 7.28 trillion in 2024. β² Rising
Latest (2024)
7.28 trillion
Change on year
up 5.9%
World rank
10th
of 74 countries
All-time high
7.28 trillion
in 2024
All-time low
1.22 trillion
in 1993
Years of data
35
1990β2024
GDP in Armenia, 1990β2024
Source: UNICEF.
Analysis
In 2024, gdp in Armenia stood at 7.28 trillion. That is the highest value across all 35 years on record.
That represents a change of up 5.9% on the previous year and up 59.5% over ten years.
Over the whole period, gdp in Armenia peaked at 7.28 trillion in 2024 and was at its lowest, 1.22 trillion, in 1993.
That places Armenia 10th out of 74 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.64 trillion | 1.22 trillion | 2.61 trillion | 10 |
| 2000s | 3.00 trillion | 1.77 trillion | 4.33 trillion | 10 |
| 2010s | 4.66 trillion | 3.80 trillion | 5.75 trillion | 10 |
| 2020s | 6.30 trillion | 5.33 trillion | 7.28 trillion | 5 |
Countries ranked near Armenia
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)
- Taxes less subsidies on products (current LCU), annual growth rate 18.88 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 41.2 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 390,326 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0019 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 522.27 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 381.36 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0026 (2025)
- Gdp worldbank constant usd, annual growth rate 7.2 % change on previous year (2025)
Frequently asked questions
- What is gdp in Armenia?
- Gdp in Armenia was 7.28 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Armenia?
- The highest recorded value was 7.28 trillion in 2024.
- What is the lowest gdp recorded in Armenia?
- The lowest recorded value was 1.22 trillion in 1993.
- How does Armenia rank for gdp?
- Armenia ranks 10th out of 74 countries with data for 2024.
- Is gdp rising or falling in Armenia?
- Over the last ten years it is up 59.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 35 observations, free to reuse under UNICEF Terms of Use (attribution required).