Gross Domestic Product — Value Standard Local Currency, 2015 prices in Armenia
Armenia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 262.27 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Armenia, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Armenia is 262.27 million SLC per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 8.7% on the previous year and up 58.4% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Armenia peaked at 262.27 million SLC per square kilometre in 2023 and was at its lowest, 45.26 million SLC per square kilometre, in 1993.
Armenia ranks 21st of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Armenia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1992 | 49.63 million SLC per square kilometre | — |
| 1993 | 45.26 million SLC per square kilometre | -8.8% |
| 1994 | 47.67 million SLC per square kilometre | +5.3% |
| 1995 | 50.96 million SLC per square kilometre | +6.9% |
| 1996 | 53.96 million SLC per square kilometre | +5.9% |
| 1997 | 55.76 million SLC per square kilometre | +3.3% |
| 1998 | 59.85 million SLC per square kilometre | +7.3% |
| 1999 | 61.8 million SLC per square kilometre | +3.3% |
| 2000 | 65.44 million SLC per square kilometre | +5.9% |
| 2001 | 71.69 million SLC per square kilometre | +9.6% |
| 2002 | 82.48 million SLC per square kilometre | +15.1% |
| 2003 | 94.06 million SLC per square kilometre | +14.0% |
| 2004 | 103.91 million SLC per square kilometre | +10.5% |
| 2005 | 118.32 million SLC per square kilometre | +13.9% |
| 2006 | 133.94 million SLC per square kilometre | +13.2% |
| 2007 | 152.35 million SLC per square kilometre | +13.7% |
| 2008 | 162.94 million SLC per square kilometre | +6.9% |
| 2009 | 139.88 million SLC per square kilometre | -14.2% |
| 2010 | 142.98 million SLC per square kilometre | +2.2% |
| 2011 | 149.63 million SLC per square kilometre | +4.7% |
| 2012 | 160.35 million SLC per square kilometre | +7.2% |
| 2013 | 165.57 million SLC per square kilometre | +3.3% |
| 2014 | 171.6 million SLC per square kilometre | +3.6% |
| 2015 | 177.16 million SLC per square kilometre | +3.2% |
| 2016 | 177.46 million SLC per square kilometre | +0.2% |
| 2017 | 190.82 million SLC per square kilometre | +7.5% |
| 2018 | 200.75 million SLC per square kilometre | +5.2% |
| 2019 | 216.07 million SLC per square kilometre | +7.6% |
| 2020 | 202.54 million SLC per square kilometre | -6.3% |
| 2021 | 214.28 million SLC per square kilometre | +5.8% |
| 2022 | 241.23 million SLC per square kilometre | +12.6% |
| 2023 | 262.27 million SLC per square kilometre | +8.7% |
Armenia compared with similar countries
- Armenia's 262.27 million SLC per square kilometre is above the median for upper middle income countries, which is 5.02 million SLC per square kilometre, 52.3× the median. (54 countries reporting)
- Armenia's 262.27 million SLC per square kilometre is above the median for Europe & Central Asia, which is 4.95 million SLC per square kilometre, 53.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.11 million SLC per square kilometre | 45.26 million SLC per square kilometre | 61.8 million SLC per square kilometre | 8 |
| 2000s | 112.5 million SLC per square kilometre | 65.44 million SLC per square kilometre | 162.94 million SLC per square kilometre | 10 |
| 2010s | 175.24 million SLC per square kilometre | 142.98 million SLC per square kilometre | 216.07 million SLC per square kilometre | 10 |
| 2020s | 230.08 million SLC per square kilometre | 202.54 million SLC per square kilometre | 262.27 million SLC per square kilometre | 4 |
Countries ranked near Armenia
- 18 Somalia 342.64 million SLC per square kilometre compare
- 19 Comoros 333.77 million SLC per square kilometre compare
- 20 Maldives 311.52 million SLC per square kilometre compare
- 22 Mauritius 250.51 million SLC per square kilometre compare
- 23 Chile 246.32 million SLC per square kilometre compare
- 24 Bangladesh 231.43 million SLC per square kilometre 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 — value standard local currency, 2015 prices in Armenia?
- Gross domestic product — value standard local currency, 2015 prices in Armenia was 262.27 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Armenia?
- The highest recorded value was 262.27 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Armenia?
- The lowest recorded value was 45.26 million SLC per square kilometre in 1993.
- How does Armenia rank for gross domestic product — value standard local currency, 2015 prices?
- Armenia ranks 21st out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Armenia?
- Over the last ten years it is up 58.4%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per square kilometre. 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 — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.