GDP per capita, PPP in Armenia
Armenia: GDP per capita, PPP was 22,823 in 2024. ◆ Volatile
Latest (2024)
22,823
Change on year
up 6.0%
World rank
51st
of 72 countries
All-time high
22,823
in 2024
All-time low
1,440
in 1993
Years of data
35
1990–2024
GDP per capita, PPP in Armenia, 1990–2024
Source: UNICEF.
Analysis
The most recent figure for gdp per capita, ppp in Armenia is 22,823, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 134.4% over ten years.
Over the whole period, gdp per capita, ppp in Armenia peaked at 22,823 in 2024 and was at its lowest, 1,440, in 1993.
Armenia ranks 51st of 72 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita, PPP in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 2,760 | — |
| 1991 | 2,477 | -10.3% |
| 1992 | 1,492 | -39.8% |
| 1993 | 1,440 | -3.4% |
| 1994 | 1,591 | +10.5% |
| 1995 | 1,767 | +11.0% |
| 1996 | 1,922 | +8.8% |
| 1997 | 2,040 | +6.2% |
| 1998 | 2,239 | +9.8% |
| 1999 | 2,377 | +6.1% |
| 2000 | 2,531 | +6.5% |
| 2001 | 2,844 | +12.4% |
| 2002 | 3,282 | +15.4% |
| 2003 | 3,836 | +16.9% |
| 2004 | 4,377 | +14.1% |
| 2005 | 5,172 | +18.2% |
| 2006 | 6,073 | +17.4% |
| 2007 | 7,137 | +17.5% |
| 2008 | 7,827 | +9.7% |
| 2009 | 6,812 | -13.0% |
| 2010 | 7,095 | +4.2% |
| 2011 | 7,624 | +7.5% |
| 2012 | 8,943 | +17.3% |
| 2013 | 9,455 | +5.7% |
| 2014 | 9,736 | +3.0% |
| 2015 | 9,757 | +0.2% |
| 2016 | 10,570 | +8.3% |
| 2017 | 12,066 | +14.2% |
| 2018 | 12,878 | +6.7% |
| 2019 | 14,976 | +16.3% |
| 2020 | 14,706 | -1.8% |
| 2021 | 15,922 | +8.3% |
| 2022 | 19,161 | +20.3% |
| 2023 | 21,534 | +12.4% |
| 2024 | 22,823 | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,010 | 1,440 | 2,760 | 10 |
| 2000s | 4,989 | 2,531 | 7,827 | 10 |
| 2010s | 10,310 | 7,095 | 14,976 | 10 |
| 2020s | 18,829 | 14,706 | 22,823 | 5 |
Countries ranked near Armenia
- 48 Albania 26,702 compare
- 49 Azerbaijan 25,089 compare
- 50 Bosnia and Herzegovina 25,043 compare
- 52 Turkmenistan 21,213 compare
- 53 Iran, Islamic Republic of 19,874 compare
- 54 Egypt 19,094 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)
- Net primary income (Net income from abroad) (current LCU), annual 5.88 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 20.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1065 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,009 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 18.88 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 41.2 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 390,326 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0019 (2025)
Frequently asked questions
- What is gdp per capita, ppp in Armenia?
- Gdp per capita, ppp in Armenia was 22,823 in 2024, according to UNICEF.
- What is the highest gdp per capita, ppp recorded in Armenia?
- The highest recorded value was 22,823 in 2024.
- What is the lowest gdp per capita, ppp recorded in Armenia?
- The lowest recorded value was 1,440 in 1993.
- How does Armenia rank for gdp per capita, ppp?
- Armenia ranks 51st out of 72 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Armenia?
- Over the last ten years it is up 134.4%. 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, PPP (current international $). Statizoid updates them automatically from the source API.
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