Gross domestic product (GDP) in Armenia
Armenia: Gross domestic product (GDP) was 17.49 billion constant 2015 US$ in 2025. ◆ Volatile
Gross domestic product (GDP) in Armenia, 1990–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for gross domestic product (gdp) in Armenia is 17.49 billion constant 2015 US$, measured 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, gross domestic product (gdp) in Armenia peaked at 17.49 billion constant 2015 US$ in 2025 and was at its lowest, 2.74 billion constant 2015 US$, in 1993.
That places Armenia 125th out of 209 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Armenia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 5.84 billion constant 2015 US$ | — |
| 1991 | 5.16 billion constant 2015 US$ | -11.7% |
| 1992 | 3.00 billion constant 2015 US$ | -41.8% |
| 1993 | 2.74 billion constant 2015 US$ | -8.8% |
| 1994 | 2.88 billion constant 2015 US$ | +5.4% |
| 1995 | 3.08 billion constant 2015 US$ | +6.9% |
| 1996 | 3.26 billion constant 2015 US$ | +5.9% |
| 1997 | 3.37 billion constant 2015 US$ | +3.3% |
| 1998 | 3.62 billion constant 2015 US$ | +7.3% |
| 1999 | 3.74 billion constant 2015 US$ | +3.3% |
| 2000 | 3.96 billion constant 2015 US$ | +5.9% |
| 2001 | 4.34 billion constant 2015 US$ | +9.6% |
| 2002 | 4.91 billion constant 2015 US$ | +13.2% |
| 2003 | 5.60 billion constant 2015 US$ | +14.0% |
| 2004 | 6.19 billion constant 2015 US$ | +10.5% |
| 2005 | 7.05 billion constant 2015 US$ | +13.9% |
| 2006 | 7.98 billion constant 2015 US$ | +13.2% |
| 2007 | 9.07 billion constant 2015 US$ | +13.7% |
| 2008 | 9.70 billion constant 2015 US$ | +6.9% |
| 2009 | 8.33 billion constant 2015 US$ | -14.1% |
| 2010 | 8.51 billion constant 2015 US$ | +2.2% |
| 2011 | 8.91 billion constant 2015 US$ | +4.7% |
| 2012 | 9.56 billion constant 2015 US$ | +7.2% |
| 2013 | 9.87 billion constant 2015 US$ | +3.3% |
| 2014 | 10.23 billion constant 2015 US$ | +3.6% |
| 2015 | 10.55 billion constant 2015 US$ | +3.2% |
| 2016 | 10.57 billion constant 2015 US$ | +0.2% |
| 2017 | 11.37 billion constant 2015 US$ | +7.5% |
| 2018 | 11.96 billion constant 2015 US$ | +5.2% |
| 2019 | 12.87 billion constant 2015 US$ | +7.6% |
| 2020 | 11.94 billion constant 2015 US$ | -7.2% |
| 2021 | 12.63 billion constant 2015 US$ | +5.8% |
| 2022 | 14.23 billion constant 2015 US$ | +12.6% |
| 2023 | 15.41 billion constant 2015 US$ | +8.3% |
| 2024 | 16.32 billion constant 2015 US$ | +5.9% |
| 2025 | 17.49 billion constant 2015 US$ | +7.2% |
Armenia compared with similar countries
- Armenia's 17.49 billion constant 2015 US$ is below the median for upper middle income countries, which is 51.02 billion constant 2015 US$, 34% of the median. (58 countries reporting)
- Armenia's 17.49 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.17 billion constant 2015 US$, 25% of the median. (54 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -41.8% | 5.16 billion constant 2015 US$ | 3.00 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.67 billion constant 2015 US$ | 2.74 billion constant 2015 US$ | 5.84 billion constant 2015 US$ | 10 |
| 2000s | 6.71 billion constant 2015 US$ | 3.96 billion constant 2015 US$ | 9.70 billion constant 2015 US$ | 10 |
| 2010s | 10.44 billion constant 2015 US$ | 8.51 billion constant 2015 US$ | 12.87 billion constant 2015 US$ | 10 |
| 2020s | 14.67 billion constant 2015 US$ | 11.94 billion constant 2015 US$ | 17.49 billion constant 2015 US$ | 6 |
Countries ranked near Armenia
- 122 Malta 20.40 billion constant 2015 US$ compare
- 123 Burkina Faso 18.95 billion constant 2015 US$ compare
- 124 Chad 18.35 billion constant 2015 US$ compare
- 126 Mongolia 17.42 billion constant 2015 US$ compare
- 127 Botswana 17.40 billion constant 2015 US$ compare
- 128 Jamaica 17.32 billion constant 2015 US$ 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Armenia?
- Gross domestic product (gdp) in Armenia was 17.49 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Armenia?
- The highest recorded value was 17.49 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Armenia?
- The lowest recorded value was 2.74 billion constant 2015 US$ in 1993.
- How does Armenia rank for gross domestic product (gdp)?
- Armenia ranks 125th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.