GDP at market prices (constant 2010 US$), per unit of GDP in Armenia
Armenia: GDP at market prices (constant 2010 US$), per unit of GDP was 0.6286 constant 2010 US$ per US$ of GDP in 2024. ▼ Falling
GDP at market prices (constant 2010 US$), per unit of GDP in Armenia, 1990–2024
Source: Statizoid (derived). Measured in constant 2010 US$ per US$ of GDP.
Analysis
In 2024, gdp at market prices (constant 2010 us$), per unit of gdp in Armenia stood at 0.6286 constant 2010 US$ per US$ of GDP. That is the lowest value across all 35 years on record.
Compared with earlier readings it is down 1.3% on the previous year and down 28.6% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), per unit of gdp in Armenia peaked at 2.59 constant 2010 US$ per US$ of GDP in 1990 and was at its lowest, 0.6286 constant 2010 US$ per US$ of GDP, in 2024.
Armenia ranks 195th of 208 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
GDP at market prices (constant 2010 US$), per unit of GDP in Armenia, year by year
| Year | constant 2010 US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 2.59 constant 2010 US$ per US$ of GDP | — |
| 1991 | 2.49 constant 2010 US$ per US$ of GDP | -3.7% |
| 1992 | 2.36 constant 2010 US$ per US$ of GDP | -5.4% |
| 1993 | 2.28 constant 2010 US$ per US$ of GDP | -3.4% |
| 1994 | 2.19 constant 2010 US$ per US$ of GDP | -3.7% |
| 1995 | 2.1 constant 2010 US$ per US$ of GDP | -4.3% |
| 1996 | 2.04 constant 2010 US$ per US$ of GDP | -2.7% |
| 1997 | 2.06 constant 2010 US$ per US$ of GDP | +0.6% |
| 1998 | 1.91 constant 2010 US$ per US$ of GDP | -7.1% |
| 1999 | 2.03 constant 2010 US$ per US$ of GDP | +6.0% |
| 2000 | 2.07 constant 2010 US$ per US$ of GDP | +2.2% |
| 2001 | 2.05 constant 2010 US$ per US$ of GDP | -1.1% |
| 2002 | 2.07 constant 2010 US$ per US$ of GDP | +0.9% |
| 2003 | 2 constant 2010 US$ per US$ of GDP | -3.5% |
| 2004 | 1.73 constant 2010 US$ per US$ of GDP | -13.3% |
| 2005 | 1.44 constant 2010 US$ per US$ of GDP | -16.9% |
| 2006 | 1.25 constant 2010 US$ per US$ of GDP | -13.1% |
| 2007 | 0.9854 constant 2010 US$ per US$ of GDP | -21.2% |
| 2008 | 0.8316 constant 2010 US$ per US$ of GDP | -15.6% |
| 2009 | 0.9633 constant 2010 US$ per US$ of GDP | +15.8% |
| 2010 | 0.9194 constant 2010 US$ per US$ of GDP | -4.6% |
| 2011 | 0.8789 constant 2010 US$ per US$ of GDP | -4.4% |
| 2012 | 0.8998 constant 2010 US$ per US$ of GDP | +2.4% |
| 2013 | 0.8875 constant 2010 US$ per US$ of GDP | -1.4% |
| 2014 | 0.8808 constant 2010 US$ per US$ of GDP | -0.8% |
| 2015 | 1 constant 2010 US$ per US$ of GDP | +13.5% |
| 2016 | 1 constant 2010 US$ per US$ of GDP | +0.3% |
| 2017 | 0.9861 constant 2010 US$ per US$ of GDP | -1.7% |
| 2018 | 0.9599 constant 2010 US$ per US$ of GDP | -2.7% |
| 2019 | 0.9448 constant 2010 US$ per US$ of GDP | -1.6% |
| 2020 | 0.9446 constant 2010 US$ per US$ of GDP | -0.0% |
| 2021 | 0.9103 constant 2010 US$ per US$ of GDP | -3.6% |
| 2022 | 0.729 constant 2010 US$ per US$ of GDP | -19.9% |
| 2023 | 0.637 constant 2010 US$ per US$ of GDP | -12.6% |
| 2024 | 0.6286 constant 2010 US$ per US$ of GDP | -1.3% |
Armenia compared with similar countries
- Armenia's 0.6286 constant 2010 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.8353 constant 2010 US$ per US$ of GDP, 75% of the median. (58 countries reporting)
- Armenia's 0.6286 constant 2010 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.7841 constant 2010 US$ per US$ of GDP, 80% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.2 constant 2010 US$ per US$ of GDP | 1.91 constant 2010 US$ per US$ of GDP | 2.59 constant 2010 US$ per US$ of GDP | 10 |
| 2000s | 1.54 constant 2010 US$ per US$ of GDP | 0.8316 constant 2010 US$ per US$ of GDP | 2.07 constant 2010 US$ per US$ of GDP | 10 |
| 2010s | 0.936 constant 2010 US$ per US$ of GDP | 0.8789 constant 2010 US$ per US$ of GDP | 1 constant 2010 US$ per US$ of GDP | 10 |
| 2020s | 0.7699 constant 2010 US$ per US$ of GDP | 0.6286 constant 2010 US$ per US$ of GDP | 0.9446 constant 2010 US$ per US$ of GDP | 5 |
Countries ranked near Armenia
- 192 Montenegro 0.6448 constant 2010 US$ per US$ of GDP compare
- 193 Czechia 0.641 constant 2010 US$ per US$ of GDP compare
- 194 Estonia 0.6377 constant 2010 US$ per US$ of GDP compare
- 196 Serbia 0.627 constant 2010 US$ per US$ of GDP compare
- 197 Romania 0.6227 constant 2010 US$ per US$ of GDP compare
- 198 Guinea 0.6189 constant 2010 US$ per US$ of GDP compare
More population data for Armenia
- Population regions with projections, annual growth rate -0.7088 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.04 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.7088 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.25 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 2,573 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1788 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7673 % change on previous year (2100)
- World population growth -0.7% (2100)
- Population density 59.44 people per km² (2100)
- Number of children under 5, by world region 69,060 people (2100)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), per unit of gdp in Armenia?
- Gdp at market prices (constant 2010 us$), per unit of gdp in Armenia was 0.6286 constant 2010 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Armenia?
- The highest recorded value was 2.59 constant 2010 US$ per US$ of GDP in 1990.
- What is the lowest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Armenia?
- The lowest recorded value was 0.6286 constant 2010 US$ per US$ of GDP in 2024.
- How does Armenia rank for gdp at market prices (constant 2010 us$), per unit of gdp?
- Armenia ranks 195th out of 208 countries with data for 2024.
- Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in Armenia?
- Over the last ten years it is down 28.6%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP at market prices (constant 2010 US$) ÷ GDP (current US$)
Computed from
- GDP at market prices UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.