Gross domestic product (GDP) in Armenia
Armenia: Gross domestic product (GDP) was 65.29 billion international-$ in 2021 prices in 2025. ◆ Volatile
Latest (2025)
65.29 billion international-$ in 2021 prices
Change on year
up 7.2%
World rank
113th
of 198 countries
All-time high
65.29 billion international-$ in 2021 prices
in 2025
All-time low
10.22 billion international-$ in 2021 prices
in 1993
Years of data
36
1990–2025
Gross domestic product (GDP) in Armenia, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2025, gross domestic product (gdp) in Armenia stood at 65.29 billion international-$ in 2021 prices. That is the highest value across all 36 years on record.
That represents a change of 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 65.29 billion international-$ in 2021 prices in 2025 and was at its lowest, 10.22 billion international-$ in 2021 prices, in 1993.
Armenia ranks 113th of 198 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.
Gross domestic product (GDP) in Armenia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 21.80 billion international-$ in 2021 prices | — |
| 1991 | 19.25 billion international-$ in 2021 prices | -11.7% |
| 1992 | 11.20 billion international-$ in 2021 prices | -41.8% |
| 1993 | 10.22 billion international-$ in 2021 prices | -8.8% |
| 1994 | 10.77 billion international-$ in 2021 prices | +5.4% |
| 1995 | 11.51 billion international-$ in 2021 prices | +6.9% |
| 1996 | 12.19 billion international-$ in 2021 prices | +5.9% |
| 1997 | 12.59 billion international-$ in 2021 prices | +3.3% |
| 1998 | 13.51 billion international-$ in 2021 prices | +7.3% |
| 1999 | 13.96 billion international-$ in 2021 prices | +3.3% |
| 2000 | 14.78 billion international-$ in 2021 prices | +5.9% |
| 2001 | 16.20 billion international-$ in 2021 prices | +9.6% |
| 2002 | 18.34 billion international-$ in 2021 prices | +13.2% |
| 2003 | 20.91 billion international-$ in 2021 prices | +14.0% |
| 2004 | 23.10 billion international-$ in 2021 prices | +10.5% |
| 2005 | 26.31 billion international-$ in 2021 prices | +13.9% |
| 2006 | 29.79 billion international-$ in 2021 prices | +13.2% |
| 2007 | 33.87 billion international-$ in 2021 prices | +13.7% |
| 2008 | 36.20 billion international-$ in 2021 prices | +6.9% |
| 2009 | 31.10 billion international-$ in 2021 prices | -14.1% |
| 2010 | 31.78 billion international-$ in 2021 prices | +2.2% |
| 2011 | 33.28 billion international-$ in 2021 prices | +4.7% |
| 2012 | 35.67 billion international-$ in 2021 prices | +7.2% |
| 2013 | 36.85 billion international-$ in 2021 prices | +3.3% |
| 2014 | 38.18 billion international-$ in 2021 prices | +3.6% |
| 2015 | 39.40 billion international-$ in 2021 prices | +3.2% |
| 2016 | 39.48 billion international-$ in 2021 prices | +0.2% |
| 2017 | 42.44 billion international-$ in 2021 prices | +7.5% |
| 2018 | 44.65 billion international-$ in 2021 prices | +5.2% |
| 2019 | 48.04 billion international-$ in 2021 prices | +7.6% |
| 2020 | 44.58 billion international-$ in 2021 prices | -7.2% |
| 2021 | 47.16 billion international-$ in 2021 prices | +5.8% |
| 2022 | 53.11 billion international-$ in 2021 prices | +12.6% |
| 2023 | 57.52 billion international-$ in 2021 prices | +8.3% |
| 2024 | 60.91 billion international-$ in 2021 prices | +5.9% |
| 2025 | 65.29 billion international-$ in 2021 prices | +7.2% |
Armenia compared with similar countries
- Armenia's 65.29 billion international-$ in 2021 prices is below the median for upper middle income countries, which is 105.30 billion international-$ in 2021 prices, 62% of the median. (57 countries reporting)
- Armenia's 65.29 billion international-$ in 2021 prices is below the median for Europe & Central Asia, which is 249.10 billion international-$ in 2021 prices, 26% of the median. (52 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% | 19.25 billion international-$ in 2021 prices | 11.20 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.70 billion international-$ in 2021 prices | 10.22 billion international-$ in 2021 prices | 21.80 billion international-$ in 2021 prices | 10 |
| 2000s | 25.06 billion international-$ in 2021 prices | 14.78 billion international-$ in 2021 prices | 36.20 billion international-$ in 2021 prices | 10 |
| 2010s | 38.98 billion international-$ in 2021 prices | 31.78 billion international-$ in 2021 prices | 48.04 billion international-$ in 2021 prices | 10 |
| 2020s | 54.76 billion international-$ in 2021 prices | 44.58 billion international-$ in 2021 prices | 65.29 billion international-$ in 2021 prices | 6 |
Countries ranked near Armenia
- 110 Guyana 69.94 billion international-$ in 2021 prices compare
- 111 Laos 69.86 billion international-$ in 2021 prices compare
- 112 Bosnia and Herzegovina 66.50 billion international-$ in 2021 prices compare
- 114 Guinea 63.67 billion international-$ in 2021 prices compare
- 115 Mongolia 63.43 billion international-$ in 2021 prices compare
- 116 Burkina Faso 63.19 billion international-$ in 2021 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Armenia?
- Gross domestic product (gdp) in Armenia was 65.29 billion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 65.29 billion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Armenia?
- The lowest recorded value was 10.22 billion international-$ in 2021 prices in 1993.
- How does Armenia rank for gross domestic product (gdp)?
- Armenia ranks 113th out of 198 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 Eurostat, OECD, IMF, and World Bank (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 for inflation and differences in living costs between countries.