Gross domestic product (GDP), Constant prices, Purchasing power in Armenia
Armenia: Gross domestic product (GDP), Constant prices, Purchasing power was 43.24 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Armenia, 1990–2019
Source: International Monetary Fund.
Analysis
Armenia recorded 43.24 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 54.4% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Armenia peaked at 43.24 in 2019 and was at its lowest, 9.06, in 1993.
Armenia ranks 115th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 19.32 | — |
| 1991 | 17.06 | -11.7% |
| 1992 | 9.94 | -41.8% |
| 1993 | 9.06 | -8.8% |
| 1994 | 9.54 | +5.3% |
| 1995 | 10.2 | +6.9% |
| 1996 | 10.8 | +5.9% |
| 1997 | 11.16 | +3.3% |
| 1998 | 11.98 | +7.3% |
| 1999 | 12.37 | +3.3% |
| 2000 | 13.1 | +5.9% |
| 2001 | 14.35 | +9.6% |
| 2002 | 16.51 | +15.1% |
| 2003 | 18.83 | +14.0% |
| 2004 | 20.8 | +10.5% |
| 2005 | 23.69 | +13.9% |
| 2006 | 26.81 | +13.2% |
| 2007 | 30.5 | +13.7% |
| 2008 | 32.62 | +6.9% |
| 2009 | 28 | -14.1% |
| 2010 | 28.62 | +2.2% |
| 2011 | 29.95 | +4.7% |
| 2012 | 32.1 | +7.2% |
| 2013 | 33.15 | +3.3% |
| 2014 | 34.35 | +3.6% |
| 2015 | 35.47 | +3.2% |
| 2016 | 35.53 | +0.2% |
| 2017 | 38.2 | +7.5% |
| 2018 | 40.19 | +5.2% |
| 2019 | 43.24 | +7.6% |
Armenia compared with similar countries
- Armenia's 43.24 is below the median for upper middle income countries, which is 73.89, 59% of the median. (57 countries reporting)
- Armenia's 43.24 is below the median for Europe & Central Asia, which is 268.6, 16% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power 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% | 17.06 | 9.94 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.14 | 9.06 | 19.32 | 10 |
| 2000s | 22.52 | 13.1 | 32.62 | 10 |
| 2010s | 35.08 | 28.62 | 43.24 | 10 |
Countries ranked near Armenia
- 112 Mali 47.22 compare
- 113 Bosnia and Herzegovina 45.14 compare
- 114 Madagascar 44.96 compare
- 116 Zimbabwe 42.69 compare
- 117 Burkina Faso 41.55 compare
- 118 Tajikistan 40.94 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), constant prices, purchasing power in Armenia?
- Gross domestic product (gdp), constant prices, purchasing power in Armenia was 43.24 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Armenia?
- The highest recorded value was 43.24 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Armenia?
- The lowest recorded value was 9.06 in 1993.
- How does Armenia rank for gross domestic product (gdp), constant prices, purchasing power?
- Armenia ranks 115th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Armenia?
- Over the last ten years it is up 54.4%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.