GDP in Armenia
Armenia: GDP was 29.24 billion current US$ in 2025. ◆ Volatile
GDP in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp in Armenia is 29.24 billion current US$, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 12.7% on the previous year and up 177.1% over ten years.
Over the whole period, gdp in Armenia peaked at 29.24 billion current US$ in 2025 and was at its lowest, 1.20 billion current US$, in 1993.
Armenia ranks 116th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 2.26 billion current US$ | — |
| 1991 | 2.07 billion current US$ | -8.3% |
| 1992 | 1.27 billion current US$ | -38.5% |
| 1993 | 1.20 billion current US$ | -5.6% |
| 1994 | 1.32 billion current US$ | +9.5% |
| 1995 | 1.47 billion current US$ | +11.6% |
| 1996 | 1.60 billion current US$ | +8.8% |
| 1997 | 1.64 billion current US$ | +2.7% |
| 1998 | 1.89 billion current US$ | +15.5% |
| 1999 | 1.85 billion current US$ | -2.5% |
| 2000 | 1.91 billion current US$ | +3.6% |
| 2001 | 2.12 billion current US$ | +10.8% |
| 2002 | 2.38 billion current US$ | +12.2% |
| 2003 | 2.81 billion current US$ | +18.1% |
| 2004 | 3.58 billion current US$ | +27.4% |
| 2005 | 4.90 billion current US$ | +37.0% |
| 2006 | 6.38 billion current US$ | +30.3% |
| 2007 | 9.21 billion current US$ | +44.2% |
| 2008 | 11.66 billion current US$ | +26.7% |
| 2009 | 8.65 billion current US$ | -25.8% |
| 2010 | 9.26 billion current US$ | +7.1% |
| 2011 | 10.14 billion current US$ | +9.5% |
| 2012 | 10.62 billion current US$ | +4.7% |
| 2013 | 11.12 billion current US$ | +4.7% |
| 2014 | 11.61 billion current US$ | +4.4% |
| 2015 | 10.55 billion current US$ | -9.1% |
| 2016 | 10.55 billion current US$ | -0.1% |
| 2017 | 11.53 billion current US$ | +9.3% |
| 2018 | 12.46 billion current US$ | +8.1% |
| 2019 | 13.62 billion current US$ | +9.3% |
| 2020 | 12.64 billion current US$ | -7.2% |
| 2021 | 13.88 billion current US$ | +9.8% |
| 2022 | 19.51 billion current US$ | +40.6% |
| 2023 | 24.19 billion current US$ | +23.9% |
| 2024 | 25.96 billion current US$ | +7.3% |
| 2025 | 29.24 billion current US$ | +12.7% |
Armenia compared with similar countries
- Armenia's 29.24 billion current US$ is below the median for upper middle income countries, which is 48.10 billion current US$, 61% of the median. (59 countries reporting)
- Armenia's 29.24 billion current US$ is below the median for Europe & Central Asia, which is 103.11 billion current US$, 28% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.66 billion current US$ | 1.20 billion current US$ | 2.26 billion current US$ | 10 |
| 2000s | 5.36 billion current US$ | 1.91 billion current US$ | 11.66 billion current US$ | 10 |
| 2010s | 11.15 billion current US$ | 9.26 billion current US$ | 13.62 billion current US$ | 10 |
| 2020s | 20.90 billion current US$ | 12.64 billion current US$ | 29.24 billion current US$ | 6 |
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)
- 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gdp in Armenia?
- Gdp in Armenia was 29.24 billion current US$ 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 29.24 billion current US$ in 2025.
- What is the lowest gdp recorded in Armenia?
- The lowest recorded value was 1.20 billion current US$ in 1993.
- How does Armenia rank for gdp?
- Armenia ranks 116th out of 214 countries with data for 2025.
- Is gdp rising or falling in Armenia?
- Over the last ten years it is up 177.1%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.