Gross Domestic Product — Value US$, per capita in Armenia
Armenia: Gross Domestic Product — Value US$, per capita was 0.0085 million USD per person in 2024. ◆ Volatile
Gross Domestic Product — Value US$, per capita in Armenia, 1991–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross domestic product — value us$, per capita in Armenia stood at 0.0085 million USD per person. That is the highest value across all 34 years on record.
The figure is up 4.6% on the previous year and up 121.9% over ten years.
Over the whole period, gross domestic product — value us$, per capita in Armenia peaked at 0.0085 million USD per person in 2024 and was at its lowest, 0.0003 million USD per person, in 1993.
That places Armenia 95th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, per capita in Armenia, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1991 | 0.0006 million USD per person | — |
| 1992 | 0.0003 million USD per person | -39.0% |
| 1993 | 0.0003 million USD per person | -2.0% |
| 1994 | 0.0004 million USD per person | +12.2% |
| 1995 | 0.0004 million USD per person | +12.4% |
| 1996 | 0.0005 million USD per person | +25.2% |
| 1997 | 0.0005 million USD per person | +3.6% |
| 1998 | 0.0006 million USD per person | +16.8% |
| 1999 | 0.0006 million USD per person | -1.2% |
| 2000 | 0.0006 million USD per person | +1.9% |
| 2001 | 0.0007 million USD per person | +11.1% |
| 2002 | 0.0008 million USD per person | +12.6% |
| 2003 | 0.0009 million USD per person | +18.8% |
| 2004 | 0.0012 million USD per person | +28.1% |
| 2005 | 0.0017 million USD per person | +37.8% |
| 2006 | 0.0022 million USD per person | +31.1% |
| 2007 | 0.0032 million USD per person | +45.1% |
| 2008 | 0.004 million USD per person | +27.5% |
| 2009 | 0.003 million USD per person | -25.3% |
| 2010 | 0.0032 million USD per person | +7.8% |
| 2011 | 0.0036 million USD per person | +10.1% |
| 2012 | 0.0035 million USD per person | -1.7% |
| 2013 | 0.0037 million USD per person | +4.8% |
| 2014 | 0.0039 million USD per person | +4.7% |
| 2015 | 0.0035 million USD per person | -8.8% |
| 2016 | 0.0035 million USD per person | +0.3% |
| 2017 | 0.0039 million USD per person | +9.8% |
| 2018 | 0.0042 million USD per person | +8.4% |
| 2019 | 0.0046 million USD per person | +9.6% |
| 2020 | 0.0043 million USD per person | -7.1% |
| 2021 | 0.0047 million USD per person | +9.8% |
| 2022 | 0.0066 million USD per person | +40.3% |
| 2023 | 0.0082 million USD per person | +24.3% |
| 2024 | 0.0085 million USD per person | +4.6% |
Armenia compared with similar countries
- Armenia's 0.0085 million USD per person is above the median for upper middle income countries, which is 0.008 million USD per person, 1.1× the median. (54 countries reporting)
- Armenia's 0.0085 million USD per person is below the median for Europe & Central Asia, which is 0.0264 million USD per person, 32% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0005 million USD per person | 0.0003 million USD per person | 0.0006 million USD per person | 9 |
| 2000s | 0.0018 million USD per person | 0.0006 million USD per person | 0.004 million USD per person | 10 |
| 2010s | 0.0038 million USD per person | 0.0032 million USD per person | 0.0046 million USD per person | 10 |
| 2020s | 0.0064 million USD per person | 0.0043 million USD per person | 0.0085 million USD per person | 5 |
Countries ranked near Armenia
- 92 North Macedonia 0.0092 million USD per person compare
- 93 Bosnia and Herzegovina 0.0089 million USD per person compare
- 94 Georgia 0.0088 million USD per person compare
- 96 Peru 0.0085 million USD per person compare
- 97 Turkmenistan 0.0085 million USD per person compare
- 98 Belize 0.0085 million USD 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, per capita in Armenia?
- Gross domestic product — value us$, per capita in Armenia was 0.0085 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, per capita recorded in Armenia?
- The highest recorded value was 0.0085 million USD per person in 2024.
- What is the lowest gross domestic product — value us$, per capita recorded in Armenia?
- The lowest recorded value was 0.0003 million USD per person in 1993.
- How does Armenia rank for gross domestic product — value us$, per capita?
- Armenia ranks 95th out of 194 countries with data for 2024.
- Is gross domestic product — value us$, per capita rising or falling in Armenia?
- Over the last ten years it is up 121.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, per capita. Statizoid updates them automatically from the source API.
Download this data
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 US$ 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 — Value US$ ÷ Population, total
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
- 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 — Value US$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.