GDP growth in Armenia
Armenia: GDP growth was 7.2% in 2025. ◆ Volatile
GDP growth in Armenia, 1991–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Armenia recorded 7.2% for gdp growth in 2025.
The figure is up 22.0% on the previous year and up 125.0% over ten years.
Over the whole period, gdp growth in Armenia peaked at 14.0% in 2003 and was at its lowest, -41.8%, in 1992.
Armenia ranks 19th of 213 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Armenia, year by year
| Year | annual % | Change |
|---|---|---|
| 1991 | -11.7% | — |
| 1992 | -41.8% | +257.3% |
| 1993 | -8.8% | -78.9% |
| 1994 | 5.4% | -161.4% |
| 1995 | 6.9% | +27.8% |
| 1996 | 5.9% | -15.0% |
| 1997 | 3.3% | -43.4% |
| 1998 | 7.3% | +119.8% |
| 1999 | 3.3% | -54.8% |
| 2000 | 5.9% | +78.8% |
| 2001 | 9.6% | +62.7% |
| 2002 | 13.2% | +37.5% |
| 2003 | 14.0% | +6.1% |
| 2004 | 10.5% | -25.0% |
| 2005 | 13.9% | +32.4% |
| 2006 | 13.2% | -5.0% |
| 2007 | 13.7% | +3.8% |
| 2008 | 6.9% | -49.6% |
| 2009 | -14.1% | -304.3% |
| 2010 | 2.2% | -115.6% |
| 2011 | 4.7% | +113.6% |
| 2012 | 7.2% | +53.2% |
| 2013 | 3.3% | -54.2% |
| 2014 | 3.6% | +9.1% |
| 2015 | 3.2% | -11.1% |
| 2016 | 0.2% | -93.8% |
| 2017 | 7.5% | +3650.0% |
| 2018 | 5.2% | -30.7% |
| 2019 | 7.6% | +46.2% |
| 2020 | -7.2% | -194.7% |
| 2021 | 5.8% | -180.6% |
| 2022 | 12.6% | +117.2% |
| 2023 | 8.3% | -34.1% |
| 2024 | 5.9% | -28.9% |
| 2025 | 7.2% | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.4% | -41.8% | 7.3% | 9 |
| 2000s | 8.7% | -14.1% | 14.0% | 10 |
| 2010s | 4.5% | 0.2% | 7.6% | 10 |
| 2020s | 5.4% | -7.2% | 12.6% | 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)
- 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 growth in Armenia?
- Gdp growth in Armenia was 7.2% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Armenia?
- The highest recorded value was 14.0% in 2003.
- What is the lowest gdp growth recorded in Armenia?
- The lowest recorded value was -41.8% in 1992.
- How does Armenia rank for gdp growth?
- Armenia ranks 19th out of 213 countries with data for 2025.
- Is gdp growth rising or falling in Armenia?
- Over the last ten years it is up 125.0%. 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.