Productivity vs annual hours worked in Armenia
Armenia: Productivity vs annual hours worked was 1,976 in 2023. ▬ Flat
Latest (2023)
1,976
Change on year
down 0.0%
World rank
64th
of 129 countries
All-time high
2,187
in 2008
All-time low
1,858
in 2016
Years of data
19
2005–2023
Productivity vs annual hours worked in Armenia, 2005–2023
Source: Our World in Data.
Analysis
Armenia recorded 1,976 for productivity vs annual hours worked in 2023.
Compared with earlier readings it is up 0.2% over ten years.
Over the whole period, productivity vs annual hours worked in Armenia peaked at 2,187 in 2008 and was at its lowest, 1,858, in 2016.
That places Armenia 64th out of 129 countries with data for 2023, putting it in the middle of the range.
Productivity vs annual hours worked in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1,989 | — |
| 2006 | 1,994 | +0.3% |
| 2007 | 1,998 | +0.2% |
| 2008 | 2,187 | +9.5% |
| 2009 | 1,928 | -11.9% |
| 2010 | 1,933 | +0.3% |
| 2011 | 1,919 | -0.8% |
| 2012 | 1,926 | +0.4% |
| 2013 | 1,973 | +2.4% |
| 2014 | 2,013 | +2.0% |
| 2015 | 1,869 | -7.1% |
| 2016 | 1,858 | -0.6% |
| 2017 | 1,863 | +0.3% |
| 2018 | 1,999 | +7.3% |
| 2019 | 1,992 | -0.4% |
| 2020 | 1,861 | -6.6% |
| 2021 | 1,965 | +5.6% |
| 2022 | 1,976 | +0.6% |
| 2023 | 1,976 | -0.0% |
Armenia compared with similar countries
- Armenia's 1,976 is below the median for upper middle income countries, which is 2,063, 96% of the median. (38 countries reporting)
- Armenia's 1,976 is above the median for Europe & Central Asia, which is 1,741, 1.1× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,019 | 1,928 | 2,187 | 5 |
| 2010s | 1,934 | 1,858 | 2,013 | 10 |
| 2020s | 1,945 | 1,861 | 1,976 | 4 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is productivity vs annual hours worked in Armenia?
- Productivity vs annual hours worked in Armenia was 1,976 in 2023, according to Our World in Data.
- What is the highest productivity vs annual hours worked recorded in Armenia?
- The highest recorded value was 2,187 in 2008.
- What is the lowest productivity vs annual hours worked recorded in Armenia?
- The lowest recorded value was 1,858 in 2016.
- How does Armenia rank for productivity vs annual hours worked?
- Armenia ranks 64th out of 129 countries with data for 2023.
- Is productivity vs annual hours worked rising or falling in Armenia?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Productivity vs annual hours worked. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).