Annual growth of GDP per capita in Armenia
Armenia: Annual growth of GDP per capita was 5.4% in 2025. ◆ Volatile
Annual growth of GDP per capita in Armenia, 1991–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
The most recent figure for annual growth of gdp per capita in Armenia is 5.4%, measured in 2025.
The figure is up 53.6% on the previous year and up 52.2% over ten years.
Over the whole period, annual growth of gdp per capita in Armenia peaked at 14.6% in 2003 and was at its lowest, -41.1%, in 1992.
Armenia ranks 27th of 212 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of GDP per capita 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% |
Armenia compared with similar countries
- Armenia's 5.4% is above the median for upper middle income countries, which is 3.1%, 1.7× the median. (58 countries reporting)
- Armenia's 5.4% is above the median for Europe & Central Asia, which is 1.8%, 3.0× the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual growth of GDP per capita 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 |
|---|---|---|---|
| 2017 | +1201.8% | 0.6% | 8.0% |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is annual growth of gdp per capita in Armenia?
- Annual growth of gdp per capita in Armenia was 5.4% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual growth of gdp per capita recorded in Armenia?
- The highest recorded value was 14.6% in 2003.
- What is the lowest annual growth of gdp per capita recorded in Armenia?
- The lowest recorded value was -41.1% in 1992.
- How does Armenia rank for annual growth of gdp per capita?
- Armenia ranks 27th out of 212 countries with data for 2025.
- Is annual growth of gdp per capita 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual growth of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is adjusted for inflation.