GDP per capita growth in Armenia
Armenia: GDP per capita growth was 5.4% in 2025. ◆ Volatile
GDP per capita growth in Armenia, 1991–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2025, gdp per capita growth in Armenia stood at 5.4%.
The figure is up 53.6% on the previous year and up 52.2% over ten years.
Over the whole period, gdp per capita growth in Armenia peaked at 14.6% in 2003 and was at its lowest, -41.1%, in 1992.
That places Armenia 27th out of 213 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth in Armenia, year by year
| Year | annual % | Change |
|---|---|---|
| 1991 | -13.2% | — |
| 1992 | -41.1% | +211.2% |
| 1993 | -5.7% | -86.2% |
| 1994 | 8.2% | -244.3% |
| 1995 | 8.7% | +6.9% |
| 1996 | 6.8% | -22.3% |
| 1997 | 4.4% | -35.9% |
| 1998 | 8.6% | +96.8% |
| 1999 | 4.6% | -45.8% |
| 2000 | 4.1% | -11.0% |
| 2001 | 9.9% | +140.1% |
| 2002 | 13.6% | +37.4% |
| 2003 | 14.6% | +7.3% |
| 2004 | 11.1% | -24.0% |
| 2005 | 14.6% | +31.1% |
| 2006 | 13.9% | -4.6% |
| 2007 | 14.4% | +3.8% |
| 2008 | 7.6% | -47.3% |
| 2009 | -13.5% | -277.7% |
| 2010 | 2.9% | -121.6% |
| 2011 | 5.3% | +81.5% |
| 2012 | 7.3% | +38.8% |
| 2013 | 3.4% | -54.0% |
| 2014 | 3.9% | +15.1% |
| 2015 | 3.5% | -9.4% |
| 2016 | 0.6% | -82.6% |
| 2017 | 8.0% | +1201.8% |
| 2018 | 5.6% | -30.1% |
| 2019 | 7.8% | +40.7% |
| 2020 | -7.2% | -191.5% |
| 2021 | 5.8% | -180.5% |
| 2022 | 12.3% | +113.8% |
| 2023 | 8.5% | -31.3% |
| 2024 | 3.5% | -58.9% |
| 2025 | 5.4% | +53.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.1% | -41.1% | 8.7% | 9 |
| 2000s | 9.0% | -13.5% | 14.6% | 10 |
| 2010s | 4.8% | 0.6% | 8.0% | 10 |
| 2020s | 4.7% | -7.2% | 12.3% | 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)
- Industry (including construction), value added (constant 2015 US$) 9.3 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1511 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,431 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 9.3 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 66.74 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 632,271 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 11.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6134 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita growth in Armenia?
- Gdp per capita growth in Armenia was 5.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Armenia?
- The highest recorded value was 14.6% in 2003.
- What is the lowest gdp per capita growth recorded in Armenia?
- The lowest recorded value was -41.1% in 1992.
- How does Armenia rank for gdp per capita growth?
- Armenia ranks 27th out of 213 countries with data for 2025.
- Is gdp per capita growth 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita 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. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.