Gross Domestic Product — Value US$ per capita, 2015 prices in Armenia
Armenia: Gross Domestic Product — Value US$ per capita, 2015 prices was 5,511 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita, 2015 prices in Armenia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Armenia recorded 5,511 USD for gross domestic product — value us$ per capita, 2015 prices in 2024. That is the highest value across all 34 years on record.
That represents a change of up 4.8% on the previous year and up 57.5% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Armenia peaked at 5,511 USD in 2024 and was at its lowest, 780.76 USD, in 1993.
Armenia ranks 117th of 195 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 — Value US$ per capita, 2015 prices in Armenia, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 1,405 USD | — |
| 1992 | 827.78 USD | -41.1% |
| 1993 | 780.76 USD | -5.7% |
| 1994 | 844.04 USD | +8.1% |
| 1995 | 917.76 USD | +8.7% |
| 1996 | 980.46 USD | +6.8% |
| 1997 | 1,023 USD | +4.4% |
| 1998 | 1,111 USD | +8.6% |
| 1999 | 1,162 USD | +4.6% |
| 2000 | 1,247 USD | +7.3% |
| 2001 | 1,385 USD | +11.0% |
| 2002 | 1,608 USD | +16.1% |
| 2003 | 1,844 USD | +14.7% |
| 2004 | 2,048 USD | +11.1% |
| 2005 | 2,345 USD | +14.5% |
| 2006 | 2,668 USD | +13.8% |
| 2007 | 3,051 USD | +14.3% |
| 2008 | 3,279 USD | +7.5% |
| 2009 | 2,829 USD | -13.7% |
| 2010 | 2,906 USD | +2.7% |
| 2011 | 3,049 USD | +4.9% |
| 2012 | 3,268 USD | +7.2% |
| 2013 | 3,375 USD | +3.3% |
| 2014 | 3,498 USD | +3.6% |
| 2015 | 3,613 USD | +3.3% |
| 2016 | 3,622 USD | +0.3% |
| 2017 | 3,900 USD | +7.7% |
| 2018 | 4,110 USD | +5.4% |
| 2019 | 4,432 USD | +7.9% |
| 2020 | 4,134 USD | -6.7% |
| 2021 | 4,405 USD | +6.6% |
| 2022 | 4,940 USD | +12.2% |
| 2023 | 5,258 USD | +6.4% |
| 2024 | 5,511 USD | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,006 USD | 780.76 USD | 1,405 USD | 9 |
| 2000s | 2,230 USD | 1,247 USD | 3,279 USD | 10 |
| 2010s | 3,577 USD | 2,906 USD | 4,432 USD | 10 |
| 2020s | 4,849 USD | 4,134 USD | 5,511 USD | 5 |
Countries ranked near Armenia
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)
- Imports of goods and services (constant 2015 US$), annual growth rate -23.7 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3514 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,329 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -120.54 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -117.32 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.86 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 30.71 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 290,928 current LCU per person (2025)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Armenia?
- Gross domestic product — value us$ per capita, 2015 prices in Armenia was 5,511 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Armenia?
- The highest recorded value was 5,511 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Armenia?
- The lowest recorded value was 780.76 USD in 1993.
- How does Armenia rank for gross domestic product — value us$ per capita, 2015 prices?
- Armenia ranks 117th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Armenia?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).