GDP per capita in Armenia
Armenia: GDP per capita was 13,838 international-$ in 2011 prices in 2022. ▲ Rising
Latest (2022)
13,838 international-$ in 2011 prices
Change on year
up 13.0%
World rank
79th
of 166 countries
All-time high
13,838 international-$ in 2011 prices
in 2022
All-time low
4,130 international-$ in 2011 prices
in 1993
Years of data
44
1973–2022
GDP per capita in Armenia, 1973–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gdp per capita in Armenia stood at 13,838 international-$ in 2011 prices. That is the highest value across all 44 years on record.
The figure is up 13.0% on the previous year and up 52.5% over ten years.
Over the whole period, gdp per capita in Armenia peaked at 13,838 international-$ in 2011 prices in 2022 and was at its lowest, 4,130 international-$ in 2011 prices, in 1993.
That places Armenia 79th 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 per capita in Armenia, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1973 | 9,806 international-$ in 2011 prices | — |
| 1980 | 9,291 international-$ in 2011 prices | -5.3% |
| 1981 | 9,548 international-$ in 2011 prices | +2.8% |
| 1982 | 9,809 international-$ in 2011 prices | +2.7% |
| 1983 | 9,865 international-$ in 2011 prices | +0.6% |
| 1984 | 10,181 international-$ in 2011 prices | +3.2% |
| 1985 | 10,485 international-$ in 2011 prices | +3.0% |
| 1986 | 10,394 international-$ in 2011 prices | -0.9% |
| 1987 | 9,789 international-$ in 2011 prices | -5.8% |
| 1988 | 9,301 international-$ in 2011 prices | -5.0% |
| 1989 | 10,525 international-$ in 2011 prices | +13.2% |
| 1990 | 9,669 international-$ in 2011 prices | -8.1% |
| 1991 | 8,142 international-$ in 2011 prices | -15.8% |
| 1992 | 4,700 international-$ in 2011 prices | -42.3% |
| 1993 | 4,130 international-$ in 2011 prices | -12.1% |
| 1994 | 4,393 international-$ in 2011 prices | +6.4% |
| 1995 | 4,703 international-$ in 2011 prices | +7.1% |
| 1996 | 4,811 international-$ in 2011 prices | +2.3% |
| 1997 | 4,836 international-$ in 2011 prices | +0.5% |
| 1998 | 4,994 international-$ in 2011 prices | +3.3% |
| 1999 | 5,000 international-$ in 2011 prices | +0.1% |
| 2000 | 5,140 international-$ in 2011 prices | +2.8% |
| 2001 | 5,458 international-$ in 2011 prices | +6.2% |
| 2002 | 6,082 international-$ in 2011 prices | +11.4% |
| 2003 | 6,743 international-$ in 2011 prices | +10.9% |
| 2004 | 7,230 international-$ in 2011 prices | +7.2% |
| 2005 | 8,007 international-$ in 2011 prices | +10.8% |
| 2006 | 8,799 international-$ in 2011 prices | +9.9% |
| 2007 | 9,713 international-$ in 2011 prices | +10.4% |
| 2008 | 10,081 international-$ in 2011 prices | +3.8% |
| 2009 | 8,399 international-$ in 2011 prices | -16.7% |
| 2010 | 8,331 international-$ in 2011 prices | -0.8% |
| 2011 | 8,465 international-$ in 2011 prices | +1.6% |
| 2012 | 9,076 international-$ in 2011 prices | +7.2% |
| 2013 | 9,395 international-$ in 2011 prices | +3.5% |
| 2014 | 9,745 international-$ in 2011 prices | +3.7% |
| 2015 | 10,076 international-$ in 2011 prices | +3.4% |
| 2016 | 10,113 international-$ in 2011 prices | +0.4% |
| 2017 | 10,895 international-$ in 2011 prices | +7.7% |
| 2018 | 11,490 international-$ in 2011 prices | +5.5% |
| 2019 | 12,399 international-$ in 2011 prices | +7.9% |
| 2020 | 11,546 international-$ in 2011 prices | -6.9% |
| 2021 | 12,242 international-$ in 2011 prices | +6.0% |
| 2022 | 13,838 international-$ in 2011 prices | +13.0% |
Armenia compared with similar countries
- Armenia's 13,838 international-$ in 2011 prices is above the median for upper middle income countries, which is 13,506 international-$ in 2011 prices, 1.0× the median. (47 countries reporting)
- Armenia's 13,838 international-$ in 2011 prices is below the median for Europe & Central Asia, which is 28,256 international-$ in 2011 prices, 49% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where 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 |
|---|---|---|---|
| 1992 | -42.3% | 8,142 international-$ in 2011 prices | 4,700 international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,806 international-$ in 2011 prices | 9,806 international-$ in 2011 prices | 9,806 international-$ in 2011 prices | 1 |
| 1980s | 9,919 international-$ in 2011 prices | 9,291 international-$ in 2011 prices | 10,525 international-$ in 2011 prices | 10 |
| 1990s | 5,538 international-$ in 2011 prices | 4,130 international-$ in 2011 prices | 9,669 international-$ in 2011 prices | 10 |
| 2000s | 7,565 international-$ in 2011 prices | 5,140 international-$ in 2011 prices | 10,081 international-$ in 2011 prices | 10 |
| 2010s | 9,999 international-$ in 2011 prices | 8,331 international-$ in 2011 prices | 12,399 international-$ in 2011 prices | 10 |
| 2020s | 12,542 international-$ in 2011 prices | 11,546 international-$ in 2011 prices | 13,838 international-$ in 2011 prices | 3 |
Countries ranked near Armenia
- 76 Colombia 14,469 international-$ in 2011 prices compare
- 77 Georgia 14,360 international-$ in 2011 prices compare
- 78 North Macedonia 14,051 international-$ in 2011 prices compare
- 80 Algeria 13,506 international-$ in 2011 prices compare
- 81 Mongolia 13,443 international-$ in 2011 prices compare
- 82 Egypt 13,205 international-$ in 2011 prices compare
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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita in Armenia?
- Gdp per capita in Armenia was 13,838 international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data.
- What is the highest gdp per capita recorded in Armenia?
- The highest recorded value was 13,838 international-$ in 2011 prices in 2022.
- What is the lowest gdp per capita recorded in Armenia?
- The lowest recorded value was 4,130 international-$ in 2011 prices in 1993.
- How does Armenia rank for gdp per capita?
- Armenia ranks 79th out of 166 countries with data for 2022.
- Is gdp per capita rising or falling in Armenia?
- Over the last ten years it is up 52.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with minor processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.