Global Revenue Statistics … Gross domestic product, current prices in Armenia
Armenia: Global Revenue Statistics … Gross domestic product, current prices was 24,086 US dollar in 2023. ◆ Volatile
Global Revenue Statistics - Reference series — Gross domestic in Armenia, 1994–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
Armenia recorded 24,086 US dollar for global revenue statistics - reference series — gross domestic in 2023. That is the highest value across all 30 years on record.
The figure is up 23.4% on the previous year and up 116.6% over ten years.
Over the whole period, global revenue statistics - reference series — gross domestic in Armenia peaked at 24,086 US dollar in 2023 and was at its lowest, 648 US dollar, in 1994.
That places Armenia 78th out of 133 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Global Revenue Statistics … Gross domestic product, current prices in Armenia, year by year
| Year | US dollar | Change |
|---|---|---|
| 1994 | 648 US dollar | — |
| 1995 | 1,287 US dollar | +98.6% |
| 1996 | 1,597 US dollar | +24.1% |
| 1997 | 1,639 US dollar | +2.6% |
| 1998 | 1,892 US dollar | +15.4% |
| 1999 | 1,845 US dollar | -2.5% |
| 2000 | 1,912 US dollar | +3.6% |
| 2001 | 2,118 US dollar | +10.8% |
| 2002 | 2,376 US dollar | +12.2% |
| 2003 | 2,807 US dollar | +18.1% |
| 2004 | 3,577 US dollar | +27.4% |
| 2005 | 4,900 US dollar | +37.0% |
| 2006 | 6,384 US dollar | +30.3% |
| 2007 | 9,206 US dollar | +44.2% |
| 2008 | 11,662 US dollar | +26.7% |
| 2009 | 8,648 US dollar | -25.8% |
| 2010 | 9,260 US dollar | +7.1% |
| 2011 | 10,142 US dollar | +9.5% |
| 2012 | 10,619 US dollar | +4.7% |
| 2013 | 11,121 US dollar | +4.7% |
| 2014 | 11,610 US dollar | +4.4% |
| 2015 | 10,553 US dollar | -9.1% |
| 2016 | 10,546 US dollar | -0.1% |
| 2017 | 11,527 US dollar | +9.3% |
| 2018 | 12,458 US dollar | +8.1% |
| 2019 | 13,619 US dollar | +9.3% |
| 2020 | 12,642 US dollar | -7.2% |
| 2021 | 13,879 US dollar | +9.8% |
| 2022 | 19,514 US dollar | +40.6% |
| 2023 | 24,086 US dollar | +23.4% |
Armenia compared with similar countries
- Armenia's 24,086 US dollar is below the median for upper middle income countries, which is 33,071 US dollar, 73% of the median. (38 countries reporting)
- Armenia's 24,086 US dollar is below the median for Europe & Central Asia, which is 250,023 US dollar, 10% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Global Revenue Statistics … Gross domestic product, current prices 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 |
|---|---|---|---|
| 1995 | +98.6% | 648 US dollar | 1,287 US dollar |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,485 US dollar | 648 US dollar | 1,892 US dollar | 6 |
| 2000s | 5,359 US dollar | 1,912 US dollar | 11,662 US dollar | 10 |
| 2010s | 11,146 US dollar | 9,260 US dollar | 13,619 US dollar | 10 |
| 2020s | 17,530 US dollar | 12,642 US dollar | 24,086 US dollar | 4 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is global revenue statistics - reference series — gross domestic in Armenia?
- Global revenue statistics - reference series — gross domestic in Armenia was 24,086 US dollar in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - reference series — gross domestic recorded in Armenia?
- The highest recorded value was 24,086 US dollar in 2023.
- What is the lowest global revenue statistics - reference series — gross domestic recorded in Armenia?
- The lowest recorded value was 648 US dollar in 1994.
- How does Armenia rank for global revenue statistics - reference series — gross domestic?
- Armenia ranks 78th out of 133 countries with data for 2023.
- Is global revenue statistics - reference series — gross domestic rising or falling in Armenia?
- Over the last ten years it is up 116.6%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Reference series — Gross domestic product, current prices. Statizoid updates them automatically from the source API.
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About this data
Includes Gross Domestic Product (GDP) for tax reporting years at market prices in national currency and in US dollars, and exchange rates in national currency per US dollar.