Gdp maddison project database in Armenia
Armenia: Gdp maddison project database was 39.72 billion in 2022. ▲ Rising
Latest (2022)
39.72 billion
Change on year
up 12.6%
World rank
117th
of 166 countries
All-time high
39.72 billion
in 2022
All-time low
13.15 billion
in 1993
Years of data
44
1973–2022
Gdp maddison project database in Armenia, 1973–2022
Source: Our World in Data.
Analysis
In 2022, gdp maddison project database in Armenia stood at 39.72 billion. That is the highest value across all 44 years on record.
Compared with earlier readings it is up 12.6% on the previous year and up 49.1% over ten years.
Over the whole period, gdp maddison project database in Armenia peaked at 39.72 billion in 2022 and was at its lowest, 13.15 billion, in 1993.
That places Armenia 117th out of 166 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Gdp maddison project database in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 26.60 billion | — |
| 1980 | 28.94 billion | +8.8% |
| 1981 | 30.23 billion | +4.4% |
| 1982 | 31.57 billion | +4.4% |
| 1983 | 32.26 billion | +2.2% |
| 1984 | 33.83 billion | +4.9% |
| 1985 | 35.37 billion | +4.6% |
| 1986 | 35.57 billion | +0.6% |
| 1987 | 33.96 billion | -4.5% |
| 1988 | 32.70 billion | -3.7% |
| 1989 | 35.01 billion | +7.1% |
| 1990 | 32.65 billion | -6.7% |
| 1991 | 27.96 billion | -14.4% |
| 1992 | 15.78 billion | -43.6% |
| 1993 | 13.15 billion | -16.6% |
| 1994 | 13.44 billion | +2.2% |
| 1995 | 14.09 billion | +4.8% |
| 1996 | 14.36 billion | +2.0% |
| 1997 | 14.40 billion | +0.3% |
| 1998 | 14.84 billion | +3.1% |
| 1999 | 14.85 billion | +0.1% |
| 2000 | 15.24 billion | +2.7% |
| 2001 | 16.18 billion | +6.2% |
| 2002 | 18.02 billion | +11.3% |
| 2003 | 19.93 billion | +10.6% |
| 2004 | 21.35 billion | +7.1% |
| 2005 | 23.63 billion | +10.7% |
| 2006 | 25.94 billion | +9.8% |
| 2007 | 28.61 billion | +10.3% |
| 2008 | 29.67 billion | +3.7% |
| 2009 | 24.70 billion | -16.7% |
| 2010 | 24.49 billion | -0.9% |
| 2011 | 24.86 billion | +1.5% |
| 2012 | 26.63 billion | +7.1% |
| 2013 | 27.54 billion | +3.4% |
| 2014 | 28.54 billion | +3.6% |
| 2015 | 29.46 billion | +3.3% |
| 2016 | 29.52 billion | +0.2% |
| 2017 | 31.74 billion | +7.5% |
| 2018 | 33.40 billion | +5.2% |
| 2019 | 35.95 billion | +7.6% |
| 2020 | 33.38 billion | -7.2% |
| 2021 | 35.28 billion | +5.7% |
| 2022 | 39.72 billion | +12.6% |
Armenia compared with similar countries
- Armenia's 39.72 billion is below the median for upper middle income countries, which is 146.22 billion, 27% of the median. (47 countries reporting)
- Armenia's 39.72 billion is below the median for Europe & Central Asia, which is 245.02 billion, 16% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gdp maddison project database 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 |
|---|---|---|---|
| 1992 | -43.6% | 27.96 billion | 15.78 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.60 billion | 26.60 billion | 26.60 billion | 1 |
| 1980s | 32.94 billion | 28.94 billion | 35.57 billion | 10 |
| 1990s | 17.55 billion | 13.15 billion | 32.65 billion | 10 |
| 2000s | 22.33 billion | 15.24 billion | 29.67 billion | 10 |
| 2010s | 29.21 billion | 24.49 billion | 35.95 billion | 10 |
| 2020s | 36.13 billion | 33.38 billion | 39.72 billion | 3 |
Countries ranked near Armenia
- 114 Mongolia 44.81 billion compare
- 115 North Korea 40.49 billion compare
- 116 Estonia 40.00 billion compare
- 118 Botswana 39.29 billion compare
- 119 Madagascar 38.60 billion compare
- 120 Trinidad and Tobago 37.51 billion compare
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is gdp maddison project database in Armenia?
- Gdp maddison project database in Armenia was 39.72 billion in 2022, according to Our World in Data.
- What is the highest gdp maddison project database recorded in Armenia?
- The highest recorded value was 39.72 billion in 2022.
- What is the lowest gdp maddison project database recorded in Armenia?
- The lowest recorded value was 13.15 billion in 1993.
- How does Armenia rank for gdp maddison project database?
- Armenia ranks 117th out of 166 countries with data for 2022.
- Is gdp maddison project database rising or falling in Armenia?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Gdp maddison project database. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).