Share of household consumption in GDP vs. GDP per capita in Armenia
Armenia: Share of household consumption in GDP vs. GDP per capita was 59.2% in 2023. ▬ Flat
Latest (2023)
59.2%
Change on year
down 4.1%
World rank
103rd
of 184 countries
All-time high
86.9%
in 2009
All-time low
47.2%
in 1993
Years of data
32
1992–2023
Share of household consumption in GDP vs. GDP per capita in Armenia, 1992–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2023, share of household consumption in gdp vs. gdp per capita in Armenia stood at 59.2%.
The figure is down 4.1% on the previous year and down 26.8% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Armenia peaked at 86.9% in 2009 and was at its lowest, 47.2%, in 1993.
That places Armenia 103rd out of 184 countries with data for 2023, putting it in the middle of the range.
Share of household consumption in GDP vs. GDP per capita in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 50.7% | — |
| 1993 | 47.2% | -6.8% |
| 1994 | 63.8% | +35.1% |
| 1995 | 74.3% | +16.4% |
| 1996 | 71.2% | -4.1% |
| 1997 | 72.6% | +2.0% |
| 1998 | 83.4% | +14.8% |
| 1999 | 76.8% | -7.9% |
| 2000 | 81.8% | +6.5% |
| 2001 | 83.5% | +2.1% |
| 2002 | 84.0% | +0.5% |
| 2003 | 79.1% | -5.8% |
| 2004 | 81.2% | +2.6% |
| 2005 | 81.1% | -0.1% |
| 2006 | 79.1% | -2.6% |
| 2007 | 81.3% | +2.8% |
| 2008 | 82.2% | +1.1% |
| 2009 | 86.9% | +5.7% |
| 2010 | 85.7% | -1.5% |
| 2011 | 83.4% | -2.6% |
| 2012 | 84.1% | +0.8% |
| 2013 | 80.9% | -3.9% |
| 2014 | 79.0% | -2.4% |
| 2015 | 72.9% | -7.6% |
| 2016 | 70.0% | -4.0% |
| 2017 | 73.0% | +4.3% |
| 2018 | 74.1% | +1.5% |
| 2019 | 73.5% | -0.8% |
| 2020 | 66.9% | -9.0% |
| 2021 | 64.4% | -3.7% |
| 2022 | 61.7% | -4.2% |
| 2023 | 59.2% | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 67.5% | 47.2% | 83.4% | 8 |
| 2000s | 82.0% | 79.1% | 86.9% | 10 |
| 2010s | 77.7% | 70.0% | 85.7% | 10 |
| 2020s | 63.1% | 59.2% | 66.9% | 4 |
Countries ranked near Armenia
- 100 Bosnia and Herzegovina 59.8% compare
- 101 Bahamas 59.3% compare
- 102 Saint Lucia 59.3% compare
- 104 New Zealand 59.1% compare
- 105 Slovakia 59.0% compare
- 106 Chile 58.9% 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 share of household consumption in gdp vs. gdp per capita in Armenia?
- Share of household consumption in gdp vs. gdp per capita in Armenia was 59.2% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Armenia?
- The highest recorded value was 86.9% in 2009.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Armenia?
- The lowest recorded value was 47.2% in 1993.
- How does Armenia rank for share of household consumption in gdp vs. gdp per capita?
- Armenia ranks 103rd out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Armenia?
- Over the last ten years it is down 26.8%. The long-run trend across the full record is flat.
- Where does this Armenia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.