Inflation, GDP deflator in Armenia
Armenia: Inflation, GDP deflator was 3.6% in 2025. ◆ Volatile
Inflation, GDP deflator in Armenia, 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in Armenia stood at 3.6%.
Compared with earlier readings it is up 154.8% on the previous year and up 194.1% over ten years.
Over the whole period, inflation, gdp deflator in Armenia peaked at 4,107.3% in 1994 and was at its lowest, -1.4%, in 2000.
That places Armenia 95th out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Armenia, year by year
| Year | annual % | Change |
|---|---|---|
| 1991 | 79.4% | — |
| 1992 | 568.8% | +616.5% |
| 1993 | 1,391.2% | +144.6% |
| 1994 | 4,107.3% | +195.2% |
| 1995 | 161.2% | -96.1% |
| 1996 | 19.6% | -87.8% |
| 1997 | 17.7% | -9.5% |
| 1998 | 10.7% | -39.7% |
| 1999 | 0.1% | -99.5% |
| 2000 | -1.4% | -2653.1% |
| 2001 | 4.0% | -393.2% |
| 2002 | 2.4% | -41.5% |
| 2003 | 4.6% | +95.1% |
| 2004 | 6.3% | +36.5% |
| 2005 | 3.2% | -48.9% |
| 2006 | 4.6% | +43.9% |
| 2007 | 4.3% | -7.4% |
| 2008 | 6.0% | +40.0% |
| 2009 | 2.5% | -58.3% |
| 2010 | 7.8% | +211.1% |
| 2011 | 4.3% | -44.9% |
| 2012 | 5.3% | +24.9% |
| 2013 | 3.4% | -37.0% |
| 2014 | 2.3% | -31.4% |
| 2015 | 1.2% | -47.4% |
| 2016 | 0.3% | -77.9% |
| 2017 | 2.2% | +700.8% |
| 2018 | 2.8% | +29.6% |
| 2019 | 1.1% | -61.8% |
| 2020 | 1.8% | +69.5% |
| 2021 | 6.9% | +282.0% |
| 2022 | 8.0% | +15.7% |
| 2023 | 3.1% | -61.2% |
| 2024 | 1.4% | -54.8% |
| 2025 | 3.6% | +154.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 706.2% | 0.1% | 4,107.3% | 9 |
| 2000s | 3.6% | -1.4% | 6.3% | 10 |
| 2010s | 3.1% | 0.3% | 7.8% | 10 |
| 2020s | 4.1% | 1.4% | 8.0% | 6 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,465 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 345.81 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5394 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Armenia?
- Inflation, gdp deflator in Armenia was 3.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Armenia?
- The highest recorded value was 4,107.3% in 1994.
- What is the lowest inflation, gdp deflator recorded in Armenia?
- The lowest recorded value was -1.4% in 2000.
- How does Armenia rank for inflation, gdp deflator?
- Armenia ranks 95th out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Armenia?
- Over the last ten years it is up 194.1%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.