GDP, PPP in Armenia

Armenia: GDP, PPP was 65.29 billion constant 2021 international $ in 2025. ◆ Volatile

Latest (2025)
65.29 billion constant 2021 international $
Change on year
up 7.2%
World rank
113th
of 200 countries
All-time high
65.29 billion constant 2021 international $
in 2025
All-time low
10.22 billion constant 2021 international $
in 1993
Years of data
36
1990–2025

GDP, PPP in Armenia, 1990–2025

20.0B40.0B60.0B1990200720251990: 21.8B constant 2021 international $1991: 19.3B constant 2021 international $1992: 11.2B constant 2021 international $1993: 10.2B constant 2021 international $1994: 10.8B constant 2021 international $1995: 11.5B constant 2021 international $1996: 12.2B constant 2021 international $1997: 12.6B constant 2021 international $1998: 13.5B constant 2021 international $1999: 14.0B constant 2021 international $2000: 14.8B constant 2021 international $2001: 16.2B constant 2021 international $2002: 18.3B constant 2021 international $2003: 20.9B constant 2021 international $2004: 23.1B constant 2021 international $2005: 26.3B constant 2021 international $2006: 29.8B constant 2021 international $2007: 33.9B constant 2021 international $2008: 36.2B constant 2021 international $2009: 31.1B constant 2021 international $2010: 31.8B constant 2021 international $2011: 33.3B constant 2021 international $2012: 35.7B constant 2021 international $2013: 36.9B constant 2021 international $2014: 38.2B constant 2021 international $2015: 39.4B constant 2021 international $2016: 39.5B constant 2021 international $2017: 42.4B constant 2021 international $2018: 44.6B constant 2021 international $2019: 48.0B constant 2021 international $2020: 44.6B constant 2021 international $2021: 47.2B constant 2021 international $2022: 53.1B constant 2021 international $2023: 57.5B constant 2021 international $2024: 60.9B constant 2021 international $2025: 65.3B constant 2021 international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.

Analysis

Armenia recorded 65.29 billion constant 2021 international $ for gdp, ppp in 2025. That is the highest value across all 36 years on record.

The figure is up 7.2% on the previous year and up 65.7% over ten years.

Over the whole period, gdp, ppp in Armenia peaked at 65.29 billion constant 2021 international $ in 2025 and was at its lowest, 10.22 billion constant 2021 international $, in 1993.

Armenia ranks 113th of 200 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, PPP in Armenia, year by year

Annual values for GDP, PPP (constant 2021 international $) in Armenia, 1990 to 2025.
Year constant 2021 international $ Change
1990 21.80 billion constant 2021 international $
1991 19.25 billion constant 2021 international $ -11.7%
1992 11.20 billion constant 2021 international $ -41.8%
1993 10.22 billion constant 2021 international $ -8.8%
1994 10.77 billion constant 2021 international $ +5.4%
1995 11.51 billion constant 2021 international $ +6.9%
1996 12.19 billion constant 2021 international $ +5.9%
1997 12.59 billion constant 2021 international $ +3.3%
1998 13.51 billion constant 2021 international $ +7.3%
1999 13.96 billion constant 2021 international $ +3.3%
2000 14.78 billion constant 2021 international $ +5.9%
2001 16.20 billion constant 2021 international $ +9.6%
2002 18.34 billion constant 2021 international $ +13.2%
2003 20.91 billion constant 2021 international $ +14.0%
2004 23.10 billion constant 2021 international $ +10.5%
2005 26.31 billion constant 2021 international $ +13.9%
2006 29.79 billion constant 2021 international $ +13.2%
2007 33.87 billion constant 2021 international $ +13.7%
2008 36.20 billion constant 2021 international $ +6.9%
2009 31.10 billion constant 2021 international $ -14.1%
2010 31.78 billion constant 2021 international $ +2.2%
2011 33.28 billion constant 2021 international $ +4.7%
2012 35.67 billion constant 2021 international $ +7.2%
2013 36.85 billion constant 2021 international $ +3.3%
2014 38.18 billion constant 2021 international $ +3.6%
2015 39.40 billion constant 2021 international $ +3.2%
2016 39.48 billion constant 2021 international $ +0.2%
2017 42.44 billion constant 2021 international $ +7.5%
2018 44.65 billion constant 2021 international $ +5.2%
2019 48.04 billion constant 2021 international $ +7.6%
2020 44.58 billion constant 2021 international $ -7.2%
2021 47.16 billion constant 2021 international $ +5.8%
2022 53.11 billion constant 2021 international $ +12.6%
2023 57.52 billion constant 2021 international $ +8.3%
2024 60.91 billion constant 2021 international $ +5.9%
2025 65.29 billion constant 2021 international $ +7.2%

Armenia compared with similar countries

  • Armenia's 65.29 billion constant 2021 international $ is below the median for upper middle income countries, which is 102.11 billion constant 2021 international $, 64% of the median. (58 countries reporting)
  • Armenia's 65.29 billion constant 2021 international $ is below the median for Europe & Central Asia, which is 228.65 billion constant 2021 international $, 29% of the median. (53 countries reporting)

Biggest year-on-year movements

Years where GDP, PPP 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.

YearChange FromTo
1992 -41.8% 19.25 billion constant 2021 international $ 11.20 billion constant 2021 international $

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.70 billion constant 2021 international $ 10.22 billion constant 2021 international $ 21.80 billion constant 2021 international $ 10
2000s 25.06 billion constant 2021 international $ 14.78 billion constant 2021 international $ 36.20 billion constant 2021 international $ 10
2010s 38.98 billion constant 2021 international $ 31.78 billion constant 2021 international $ 48.04 billion constant 2021 international $ 10
2020s 54.76 billion constant 2021 international $ 44.58 billion constant 2021 international $ 65.29 billion constant 2021 international $ 6

Countries ranked near Armenia

  1. 110 Guyana 69.94 billion constant 2021 international $ compare
  2. 111 Laos 69.86 billion constant 2021 international $ compare
  3. 112 Bosnia and Herzegovina 66.50 billion constant 2021 international $ compare
  4. 114 Guinea 63.67 billion constant 2021 international $ compare
  5. 115 Mongolia 63.43 billion constant 2021 international $ compare
  6. 116 Burkina Faso 63.19 billion constant 2021 international $ compare

See the full ranking of 247 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gdp, ppp in Armenia?
Gdp, ppp in Armenia was 65.29 billion constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
What is the highest gdp, ppp recorded in Armenia?
The highest recorded value was 65.29 billion constant 2021 international $ in 2025.
What is the lowest gdp, ppp recorded in Armenia?
The lowest recorded value was 10.22 billion constant 2021 international $ in 1993.
How does Armenia rank for gdp, ppp?
Armenia ranks 113th out of 200 countries with data for 2025.
Is gdp, ppp rising or falling in Armenia?
Over the last ten years it is up 65.7%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.

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GDP, PPP in Armenia. Statizoid, drawing on International Comparison Program (ICP), World Bank (WB). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-ppp-constant-2021-international/armenia/

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About this data

Indicator
GDP, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 8,687 data points, 1990–2025
Last refreshed

This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.