GDP per capita in Armenia

Armenia: GDP per capita was 3.36 million in 2024. β—† Volatile

Latest (2024)
3.36 million
Change on year
up 4.9%
World rank
9th
of 74 countries
All-time high
3.36 million
in 2024
All-time low
14.16
in 1990
Years of data
35
1990–2024

GDP per capita in Armenia, 1990–2024

01.0M2.0M3.0M1990200720241990: 14.21991: 22.11992: 86.81993: 1.2k1994: 55.6k1995: 157.9k1996: 201.7k1997: 247.8k1998: 297.8k1999: 311.8k2000: 320.2k2001: 366.1k2002: 425.8k2003: 510.5k2004: 602.8k2005: 712.8k2006: 849.4k2007: 1.0M2008: 1.2M2009: 1.0M2010: 1.1M2011: 1.2M2012: 1.4M2013: 1.5M2014: 1.6M2015: 1.7M2016: 1.7M2017: 1.9M2018: 2.0M2019: 2.2M2020: 2.1M2021: 2.4M2022: 2.9M2023: 3.2M2024: 3.4M

Source: UNICEF.

Analysis

In 2024, gdp per capita in Armenia stood at 3.36 million. That is the highest value across all 35 years on record.

The figure is up 4.9% on the previous year and up 109.7% over ten years.

Over the whole period, gdp per capita in Armenia peaked at 3.36 million in 2024 and was at its lowest, 14.16, in 1990.

Armenia ranks 9th of 74 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 127,382 14.16 311,763 10
2000s 698,168 320,182 1.16 million 10
2010s 1.64 million 1.14 million 2.21 million 10
2020s 2.77 million 2.09 million 3.36 million 5

Countries ranked near Armenia

  1. 6 Iraq 7.90 million compare
  2. 7 Kazakhstan 6.64 million compare
  3. 8 Syrian Arab Republic 3.94 million compare
  4. 10 Sudan 1.54 million compare
  5. 11 Serbia 1.48 million compare
  6. 12 Russia 1.38 million compare

See the full ranking of 74 places β†’

More economy & growth data for Armenia

All data for Armenia β†’

Frequently asked questions

What is gdp per capita in Armenia?
Gdp per capita in Armenia was 3.36 million in 2024, according to UNICEF.
What is the highest gdp per capita recorded in Armenia?
The highest recorded value was 3.36 million in 2024.
What is the lowest gdp per capita recorded in Armenia?
The lowest recorded value was 14.16 in 1990.
How does Armenia rank for gdp per capita?
Armenia ranks 9th out of 74 countries with data for 2024.
Is gdp per capita rising or falling in Armenia?
Over the last ten years it is up 109.7%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from UNICEF, published as part of GDP per capita (current LCU). Statizoid updates them automatically from the source API.

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GDP per capita in Armenia. Statizoid, drawing on UNICEF. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/gdp-per-capita-current-lcu-3/armenia/

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About this data

Indicator
GDP per capita (current LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,784 data points, 1960–2024
Last refreshed