GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Armenia
Armenia: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 1.16 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Armenia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Armenia recorded 1.16 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
That represents a change of down 59.0% on the previous year and down 48.8% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Armenia peaked at 572.2 % change on previous year in 1992 and was at its lowest, -1.37 % change on previous year, in 2000.
Armenia ranks 175th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 79.79 % change on previous year | — |
| 1992 | 572.2 % change on previous year | +617.1% |
| 1995 | 161.19 % change on previous year | -71.8% |
| 1996 | 19.55 % change on previous year | -87.9% |
| 1997 | 17.74 % change on previous year | -9.3% |
| 1998 | 10.66 % change on previous year | -39.9% |
| 1999 | 0.0972 % change on previous year | -99.1% |
| 2000 | -1.37 % change on previous year | -1509.6% |
| 2001 | 4.07 % change on previous year | -397.1% |
| 2002 | 0.7111 % change on previous year | -82.5% |
| 2003 | 4.56 % change on previous year | +541.4% |
| 2004 | 6.31 % change on previous year | +38.3% |
| 2005 | 3.24 % change on previous year | -48.7% |
| 2006 | 4.62 % change on previous year | +42.6% |
| 2007 | 4.23 % change on previous year | -8.4% |
| 2008 | 5.94 % change on previous year | +40.4% |
| 2009 | 2.56 % change on previous year | -57.0% |
| 2010 | 7.75 % change on previous year | +203.2% |
| 2011 | 4.33 % change on previous year | -44.1% |
| 2012 | -1.18 % change on previous year | -127.3% |
| 2013 | 3.41 % change on previous year | -388.0% |
| 2014 | 2.27 % change on previous year | -33.5% |
| 2015 | 1.18 % change on previous year | -48.0% |
| 2016 | 0.297 % change on previous year | -74.8% |
| 2017 | 2.12 % change on previous year | +614.7% |
| 2018 | 2.79 % change on previous year | +31.2% |
| 2019 | 1.04 % change on previous year | -62.8% |
| 2020 | 1.76 % change on previous year | +69.8% |
| 2021 | 6.9 % change on previous year | +292.1% |
| 2022 | 8 % change on previous year | +15.9% |
| 2023 | 2.83 % change on previous year | -64.6% |
| 2024 | 1.16 % change on previous year | -59.0% |
Armenia compared with similar countries
- Armenia's 1.16 % change on previous year is below the median for upper middle income countries, which is 3.82 % change on previous year, 30% of the median. (51 countries reporting)
- Armenia's 1.16 % change on previous year is below the median for Europe & Central Asia, which is 3.37 % change on previous year, 34% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2000 | -1509.6% | 0.0972 % change on previous year | -1.37 % change on previous year |
| 1992 | +617.1% | 79.79 % change on previous year | 572.2 % change on previous year |
| 2017 | +614.7% | 0.297 % change on previous year | 2.12 % change on previous year |
| 2003 | +541.4% | 0.7111 % change on previous year | 4.56 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 123.03 % change on previous year | 0.0972 % change on previous year | 572.2 % change on previous year | 7 |
| 2000s | 3.49 % change on previous year | -1.37 % change on previous year | 6.31 % change on previous year | 10 |
| 2010s | 2.4 % change on previous year | -1.18 % change on previous year | 7.75 % change on previous year | 10 |
| 2020s | 4.13 % change on previous year | 1.16 % change on previous year | 8 % change on previous year | 5 |
Countries ranked near Armenia
- 172 Switzerland 1.29 % change on previous year compare
- 173 Eritrea 1.26 % change on previous year compare
- 174 Tuvalu 1.23 % change on previous year compare
- 176 Democratic People's Republic of Korea 1.12 % change on previous year compare
- 177 Saint Lucia 0.963 % change on previous year compare
- 178 Thailand 0.9269 % change on previous year 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 deflator — value standard local currency, 2015 prices, annual in Armenia?
- Gdp deflator — value standard local currency, 2015 prices, annual in Armenia was 1.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Armenia?
- The highest recorded value was 572.2 % change on previous year in 1992.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Armenia?
- The lowest recorded value was -1.37 % change on previous year in 2000.
- How does Armenia rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Armenia ranks 175th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Armenia?
- Over the last ten years it is down 48.8%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.