GDP Deflator — Value US$, 2015 prices, annual growth rate in Armenia
Armenia: GDP Deflator — Value US$, 2015 prices, annual growth rate was 1.1 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Armenia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices, annual growth rate in Armenia is 1.1 % change on previous year, measured in 2024.
That represents a change of down 92.3% on the previous year and up 52.2% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Armenia peaked at 26.77 % change on previous year in 2007 and was at its lowest, -13.62 % change on previous year, in 2009.
That places Armenia 151st out of 222 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 2.48 % change on previous year | — |
| 1992 | 3.53 % change on previous year | +42.4% |
| 1993 | 3.92 % change on previous year | +11.2% |
| 1994 | 3.74 % change on previous year | -4.5% |
| 1995 | 3.38 % change on previous year | -9.7% |
| 1996 | 17.2 % change on previous year | +408.7% |
| 1997 | -0.6867 % change on previous year | -104.0% |
| 1998 | 7.57 % change on previous year | -1202.9% |
| 1999 | -5.54 % change on previous year | -173.2% |
| 2000 | -2.19 % change on previous year | -60.6% |
| 2001 | 1.15 % change on previous year | -152.8% |
| 2002 | -2.5 % change on previous year | -316.7% |
| 2003 | 3.58 % change on previous year | -243.4% |
| 2004 | 15.34 % change on previous year | +328.0% |
| 2005 | 20.33 % change on previous year | +32.5% |
| 2006 | 15.09 % change on previous year | -25.8% |
| 2007 | 26.77 % change on previous year | +77.4% |
| 2008 | 18.45 % change on previous year | -31.1% |
| 2009 | -13.62 % change on previous year | -173.9% |
| 2010 | 4.76 % change on previous year | -134.9% |
| 2011 | 4.66 % change on previous year | -2.2% |
| 2012 | -8.38 % change on previous year | -280.0% |
| 2013 | 1.42 % change on previous year | -117.0% |
| 2014 | 0.7201 % change on previous year | -49.4% |
| 2015 | -11.95 % change on previous year | -1758.9% |
| 2016 | -0.2397 % change on previous year | -98.0% |
| 2017 | 1.65 % change on previous year | -789.1% |
| 2018 | 2.73 % change on previous year | +65.1% |
| 2019 | 1.57 % change on previous year | -42.4% |
| 2020 | -0.0208 % change on previous year | -101.3% |
| 2021 | 3.77 % change on previous year | -18244.7% |
| 2022 | 24.89 % change on previous year | +559.7% |
| 2023 | 14.15 % change on previous year | -43.2% |
| 2024 | 1.1 % change on previous year | -92.3% |
Armenia compared with similar countries
- Armenia's 1.1 % change on previous year is below the median for upper middle income countries, which is 3.03 % change on previous year, 36% of the median. (51 countries reporting)
- Armenia's 1.1 % change on previous year is below the median for Europe & Central Asia, which is 3.25 % change on previous year, 34% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +18244.7% | -0.0208 % change on previous year | 3.77 % change on previous year |
| 2015 | -1758.9% | 0.7201 % change on previous year | -11.95 % change on previous year |
| 1998 | +1202.9% | -0.6867 % change on previous year | 7.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.96 % change on previous year | -5.54 % change on previous year | 17.2 % change on previous year | 9 |
| 2000s | 8.24 % change on previous year | -13.62 % change on previous year | 26.77 % change on previous year | 10 |
| 2010s | -0.3057 % change on previous year | -11.95 % change on previous year | 4.76 % change on previous year | 10 |
| 2020s | 8.78 % change on previous year | -0.0208 % change on previous year | 24.89 % change on previous year | 5 |
Countries ranked near Armenia
- 148 Melanesia 1.33 % change on previous year compare
- 149 Eritrea 1.26 % change on previous year compare
- 150 Democratic People's Republic of Korea 1.12 % change on previous year compare
- 152 Ethiopia PDR 1.04 % change on previous year
- 153 Saint Lucia 0.963 % change on previous year compare
- 154 Turks and Caicos Islands 0.8295 % change on previous year compare
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Armenia?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Armenia was 1.1 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Armenia?
- The highest recorded value was 26.77 % change on previous year in 2007.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Armenia?
- The lowest recorded value was -13.62 % change on previous year in 2009.
- How does Armenia rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Armenia ranks 151st out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Armenia?
- Over the last ten years it is up 52.2%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.