Gross domestic product (GDP), per capita in Armenia
Armenia: Gross domestic product (GDP), per capita was 20,737 international-$ in 2021 prices per person in 2023. ◆ Volatile
Gross domestic product (GDP), per capita in Armenia, 1992–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
The most recent figure for gross domestic product (gdp), per capita in Armenia is 20,737 international-$ in 2021 prices per person, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 10.9% on the previous year and up 82.7% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Armenia peaked at 20,737 international-$ in 2021 prices per person in 2023 and was at its lowest, 3,131 international-$ in 2021 prices per person, in 1994.
Armenia ranks 81st of 181 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), per capita in Armenia, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1992 | 3,975 international-$ in 2021 prices per person | — |
| 1993 | 3,949 international-$ in 2021 prices per person | -0.7% |
| 1994 | 3,131 international-$ in 2021 prices per person | -20.7% |
| 1995 | 3,321 international-$ in 2021 prices per person | +6.1% |
| 1996 | 3,691 international-$ in 2021 prices per person | +11.2% |
| 1997 | 3,896 international-$ in 2021 prices per person | +5.5% |
| 1998 | 3,603 international-$ in 2021 prices per person | -7.5% |
| 1999 | 4,029 international-$ in 2021 prices per person | +11.8% |
| 2000 | 4,064 international-$ in 2021 prices per person | +0.9% |
| 2001 | 4,316 international-$ in 2021 prices per person | +6.2% |
| 2002 | 4,698 international-$ in 2021 prices per person | +8.9% |
| 2003 | 5,385 international-$ in 2021 prices per person | +14.6% |
| 2004 | 5,777 international-$ in 2021 prices per person | +7.3% |
| 2005 | 6,463 international-$ in 2021 prices per person | +11.9% |
| 2006 | 7,383 international-$ in 2021 prices per person | +14.2% |
| 2007 | 8,402 international-$ in 2021 prices per person | +13.8% |
| 2008 | 9,178 international-$ in 2021 prices per person | +9.2% |
| 2009 | 8,519 international-$ in 2021 prices per person | -7.2% |
| 2010 | 9,423 international-$ in 2021 prices per person | +10.6% |
| 2011 | 10,419 international-$ in 2021 prices per person | +10.6% |
| 2012 | 11,879 international-$ in 2021 prices per person | +14.0% |
| 2013 | 11,348 international-$ in 2021 prices per person | -4.5% |
| 2014 | 11,678 international-$ in 2021 prices per person | +2.9% |
| 2015 | 11,674 international-$ in 2021 prices per person | -0.0% |
| 2016 | 12,619 international-$ in 2021 prices per person | +8.1% |
| 2017 | 14,479 international-$ in 2021 prices per person | +14.7% |
| 2018 | 14,986 international-$ in 2021 prices per person | +3.5% |
| 2019 | 17,584 international-$ in 2021 prices per person | +17.3% |
| 2020 | 16,643 international-$ in 2021 prices per person | -5.3% |
| 2021 | 16,923 international-$ in 2021 prices per person | +1.7% |
| 2022 | 18,696 international-$ in 2021 prices per person | +10.5% |
| 2023 | 20,737 international-$ in 2021 prices per person | +10.9% |
Armenia compared with similar countries
- Armenia's 20,737 international-$ in 2021 prices per person is above the median for upper middle income countries, which is 17,495 international-$ in 2021 prices per person, 1.2× the median. (51 countries reporting)
- Armenia's 20,737 international-$ in 2021 prices per person is below the median for Europe & Central Asia, which is 36,356 international-$ in 2021 prices per person, 57% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,699 international-$ in 2021 prices per person | 3,131 international-$ in 2021 prices per person | 4,029 international-$ in 2021 prices per person | 8 |
| 2000s | 6,419 international-$ in 2021 prices per person | 4,064 international-$ in 2021 prices per person | 9,178 international-$ in 2021 prices per person | 10 |
| 2010s | 12,609 international-$ in 2021 prices per person | 9,423 international-$ in 2021 prices per person | 17,584 international-$ in 2021 prices per person | 10 |
| 2020s | 18,250 international-$ in 2021 prices per person | 16,643 international-$ in 2021 prices per person | 20,737 international-$ in 2021 prices per person | 4 |
Countries ranked near Armenia
- 78 North Macedonia 22,296 international-$ in 2021 prices per person compare
- 79 China 21,931 international-$ in 2021 prices per person compare
- 80 Azerbaijan 20,775 international-$ in 2021 prices per person compare
- 82 Mexico 20,015 international-$ in 2021 prices per person compare
- 83 Gabon 19,722 international-$ in 2021 prices per person compare
- 84 Equatorial Guinea 19,431 international-$ in 2021 prices per person 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per capita in Armenia?
- Gross domestic product (gdp), per capita in Armenia was 20,737 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Armenia?
- The highest recorded value was 20,737 international-$ in 2021 prices per person in 2023.
- What is the lowest gross domestic product (gdp), per capita recorded in Armenia?
- The lowest recorded value was 3,131 international-$ in 2021 prices per person in 1994.
- How does Armenia rank for gross domestic product (gdp), per capita?
- Armenia ranks 81st out of 181 countries with data for 2023.
- Is gross domestic product (gdp), per capita rising or falling in Armenia?
- Over the last ten years it is up 82.7%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.