GDP Deflator — Value Standard Local Currency, 2015 prices in Armenia
Armenia: GDP Deflator — Value Standard Local Currency, 2015 prices was 130.01 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Armenia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Armenia is 130.01 SLC, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 31.5% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Armenia peaked at 130.01 SLC in 2024 and was at its lowest, 0.0018 SLC, in 1990.
That places Armenia 113th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Armenia, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 0.0018 SLC | — |
| 1991 | 0.0033 SLC | +79.8% |
| 1992 | 0.0221 SLC | +572.2% |
| 1993 | 0.331 SLC | +1395.6% |
| 1994 | 14.7 SLC | +4340.5% |
| 1995 | 38.39 SLC | +161.2% |
| 1996 | 45.9 SLC | +19.6% |
| 1997 | 54.04 SLC | +17.7% |
| 1998 | 59.8 SLC | +10.7% |
| 1999 | 59.85 SLC | +0.1% |
| 2000 | 59.03 SLC | -1.4% |
| 2001 | 61.44 SLC | +4.1% |
| 2002 | 61.87 SLC | +0.7% |
| 2003 | 64.7 SLC | +4.6% |
| 2004 | 68.78 SLC | +6.3% |
| 2005 | 71.01 SLC | +3.2% |
| 2006 | 74.29 SLC | +4.6% |
| 2007 | 77.43 SLC | +4.2% |
| 2008 | 82.03 SLC | +5.9% |
| 2009 | 84.13 SLC | +2.6% |
| 2010 | 90.65 SLC | +7.8% |
| 2011 | 94.58 SLC | +4.3% |
| 2012 | 93.46 SLC | -1.2% |
| 2013 | 96.64 SLC | +3.4% |
| 2014 | 98.83 SLC | +2.3% |
| 2015 | 100 SLC | +1.2% |
| 2016 | 100.3 SLC | +0.3% |
| 2017 | 102.43 SLC | +2.1% |
| 2018 | 105.28 SLC | +2.8% |
| 2019 | 106.37 SLC | +1.0% |
| 2020 | 108.24 SLC | +1.8% |
| 2021 | 115.72 SLC | +6.9% |
| 2022 | 124.98 SLC | +8.0% |
| 2023 | 128.52 SLC | +2.8% |
| 2024 | 130.01 SLC | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.3 SLC | 0.0018 SLC | 59.85 SLC | 10 |
| 2000s | 70.47 SLC | 59.03 SLC | 84.13 SLC | 10 |
| 2010s | 98.85 SLC | 90.65 SLC | 106.37 SLC | 10 |
| 2020s | 121.49 SLC | 108.24 SLC | 130.01 SLC | 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)
- Gross domestic savings (current US$), annual growth rate 0.2524 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.187 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 1,772 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -1.21 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 72.38 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 685,732 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 17.51 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9523 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Armenia?
- Gdp deflator — value standard local currency, 2015 prices in Armenia was 130.01 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Armenia?
- The highest recorded value was 130.01 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Armenia?
- The lowest recorded value was 0.0018 SLC in 1990.
- How does Armenia rank for gdp deflator — value standard local currency, 2015 prices?
- Armenia ranks 113th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Armenia?
- Over the last ten years it is up 31.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).