Gdp penn world table in Armenia
Armenia: Gdp penn world table was 61.47 billion in 2023. ◆ Volatile
Latest (2023)
61.47 billion
Change on year
up 10.7%
World rank
109th
of 184 countries
All-time high
61.47 billion
in 2023
All-time low
10.53 billion
in 1994
Years of data
32
1992–2023
Gdp penn world table in Armenia, 1992–2023
Source: Our World in Data.
Analysis
Armenia recorded 61.47 billion for gdp penn world table in 2023. That is the highest value across all 32 years on record.
The figure is up 10.7% on the previous year and up 79.3% over ten years.
Over the whole period, gdp penn world table in Armenia peaked at 61.47 billion in 2023 and was at its lowest, 10.53 billion, in 1994.
That places Armenia 109th out of 184 countries with data for 2023, 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 penn world table in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 14.20 billion | — |
| 1993 | 13.64 billion | -3.9% |
| 1994 | 10.53 billion | -22.8% |
| 1995 | 10.98 billion | +4.3% |
| 1996 | 12.10 billion | +10.2% |
| 1997 | 12.65 billion | +4.5% |
| 1998 | 11.56 billion | -8.6% |
| 1999 | 12.76 billion | +10.4% |
| 2000 | 13.09 billion | +2.6% |
| 2001 | 13.86 billion | +5.9% |
| 2002 | 15.03 billion | +8.5% |
| 2003 | 17.14 billion | +14.0% |
| 2004 | 18.28 billion | +6.7% |
| 2005 | 20.34 billion | +11.2% |
| 2006 | 23.09 billion | +13.5% |
| 2007 | 26.11 billion | +13.1% |
| 2008 | 28.33 billion | +8.5% |
| 2009 | 26.12 billion | -7.8% |
| 2010 | 28.69 billion | +9.8% |
| 2011 | 31.55 billion | +10.0% |
| 2012 | 35.92 billion | +13.9% |
| 2013 | 34.29 billion | -4.5% |
| 2014 | 35.20 billion | +2.6% |
| 2015 | 35.07 billion | -0.3% |
| 2016 | 37.76 billion | +7.7% |
| 2017 | 43.14 billion | +14.2% |
| 2018 | 44.49 billion | +3.1% |
| 2019 | 52.09 billion | +17.1% |
| 2020 | 49.29 billion | -5.4% |
| 2021 | 50.13 billion | +1.7% |
| 2022 | 55.51 billion | +10.7% |
| 2023 | 61.47 billion | +10.7% |
Armenia compared with similar countries
- Armenia's 61.47 billion is below the median for upper middle income countries, which is 148.60 billion, 41% of the median. (51 countries reporting)
- Armenia's 61.47 billion is below the median for Europe & Central Asia, which is 314.74 billion, 20% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.30 billion | 10.53 billion | 14.20 billion | 8 |
| 2000s | 20.14 billion | 13.09 billion | 28.33 billion | 10 |
| 2010s | 37.82 billion | 28.69 billion | 52.09 billion | 10 |
| 2020s | 54.10 billion | 49.29 billion | 61.47 billion | 4 |
Countries ranked near Armenia
- 106 Latvia 65.02 billion compare
- 107 Laos 64.50 billion compare
- 108 Luxembourg 62.79 billion compare
- 110 Mali 61.19 billion compare
- 111 Bosnia and Herzegovina 60.59 billion compare
- 112 Burkina Faso 54.36 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 penn world table in Armenia?
- Gdp penn world table in Armenia was 61.47 billion in 2023, according to Our World in Data.
- What is the highest gdp penn world table recorded in Armenia?
- The highest recorded value was 61.47 billion in 2023.
- What is the lowest gdp penn world table recorded in Armenia?
- The lowest recorded value was 10.53 billion in 1994.
- How does Armenia rank for gdp penn world table?
- Armenia ranks 109th out of 184 countries with data for 2023.
- Is gdp penn world table rising or falling in Armenia?
- Over the last ten years it is up 79.3%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.
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