Gross Domestic Product — Value Standard Local Currency, 2015 prices in Armenia
Armenia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0003 million SLC per US$ of GDP in 2024. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Armenia, 1991–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Armenia is 0.0003 million SLC per US$ of GDP, measured in 2024. That is the lowest value across all 34 years on record.
The figure is down 1.3% on the previous year and down 28.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Armenia peaked at 0.0012 million SLC per US$ of GDP in 1991 and was at its lowest, 0.0003 million SLC per US$ of GDP, in 2024.
Armenia ranks 37th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Armenia, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1991 | 0.0012 million SLC per US$ of GDP | — |
| 1992 | 0.0011 million SLC per US$ of GDP | -5.3% |
| 1993 | 0.0011 million SLC per US$ of GDP | -3.4% |
| 1994 | 0.001 million SLC per US$ of GDP | -3.8% |
| 1995 | 0.001 million SLC per US$ of GDP | -4.3% |
| 1996 | 0.001 million SLC per US$ of GDP | -2.6% |
| 1997 | 0.001 million SLC per US$ of GDP | +0.6% |
| 1998 | 0.0009 million SLC per US$ of GDP | -7.1% |
| 1999 | 0.001 million SLC per US$ of GDP | +6.0% |
| 2000 | 0.001 million SLC per US$ of GDP | +2.2% |
| 2001 | 0.001 million SLC per US$ of GDP | -1.1% |
| 2002 | 0.001 million SLC per US$ of GDP | +2.6% |
| 2003 | 0.001 million SLC per US$ of GDP | -3.5% |
| 2004 | 0.0008 million SLC per US$ of GDP | -13.3% |
| 2005 | 0.0007 million SLC per US$ of GDP | -16.9% |
| 2006 | 0.0006 million SLC per US$ of GDP | -13.1% |
| 2007 | 0.0005 million SLC per US$ of GDP | -21.1% |
| 2008 | 0.0004 million SLC per US$ of GDP | -15.6% |
| 2009 | 0.0005 million SLC per US$ of GDP | +15.8% |
| 2010 | 0.0004 million SLC per US$ of GDP | -4.5% |
| 2011 | 0.0004 million SLC per US$ of GDP | -4.4% |
| 2012 | 0.0004 million SLC per US$ of GDP | +2.3% |
| 2013 | 0.0004 million SLC per US$ of GDP | -1.4% |
| 2014 | 0.0004 million SLC per US$ of GDP | -0.7% |
| 2015 | 0.0005 million SLC per US$ of GDP | +13.6% |
| 2016 | 0.0005 million SLC per US$ of GDP | +0.2% |
| 2017 | 0.0005 million SLC per US$ of GDP | -1.6% |
| 2018 | 0.0005 million SLC per US$ of GDP | -2.7% |
| 2019 | 0.0005 million SLC per US$ of GDP | -1.5% |
| 2020 | 0.0005 million SLC per US$ of GDP | +0.0% |
| 2021 | 0.0004 million SLC per US$ of GDP | -3.6% |
| 2022 | 0.0003 million SLC per US$ of GDP | -19.9% |
| 2023 | 0.0003 million SLC per US$ of GDP | -12.3% |
| 2024 | 0.0003 million SLC per US$ of GDP | -1.3% |
Armenia compared with similar countries
- Armenia's 0.0003 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 41.2× the median. (54 countries reporting)
- Armenia's 0.0003 million SLC per US$ of GDP is above the median for Europe & Central Asia, which is 0 million SLC per US$ of GDP, 329.2× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.001 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 0.0012 million SLC per US$ of GDP | 9 |
| 2000s | 0.0007 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.001 million SLC per US$ of GDP | 10 |
| 2010s | 0.0004 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 10 |
| 2020s | 0.0004 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 5 |
Countries ranked near Armenia
- 34 Costa Rica 0.0004 million SLC per US$ of GDP compare
- 35 Congo 0.0004 million SLC per US$ of GDP compare
- 36 Comoros 0.0004 million SLC per US$ of GDP compare
- 38 Guyana 0.0002 million SLC per US$ of GDP compare
- 39 Syria 0.0002 million SLC per US$ of GDP compare
- 40 Yemen 0.0002 million SLC per US$ of GDP 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Armenia?
- Gross domestic product — value standard local currency, 2015 prices in Armenia was 0.0003 million SLC per US$ of GDP in 2024, 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 0.0012 million SLC per US$ of GDP in 1991.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Armenia?
- The lowest recorded value was 0.0003 million SLC per US$ of GDP in 2024.
- How does Armenia rank for gross domestic product — value standard local currency, 2015 prices?
- Armenia ranks 37th out of 193 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Armenia?
- Over the last ten years it is down 28.3%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 34 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.