GDP at market prices in Armenia
Armenia: GDP at market prices was 16.32 billion constant 2010 US$ in 2024. β² Rising
GDP at market prices in Armenia, 1990β2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
Armenia recorded 16.32 billion constant 2010 US$ for gdp at market prices in 2024. That is the highest value across all 35 years on record.
That represents a change of up 5.9% on the previous year and up 59.5% over ten years.
Over the whole period, gdp at market prices in Armenia peaked at 16.32 billion constant 2010 US$ in 2024 and was at its lowest, 2.74 billion constant 2010 US$, in 1993.
Armenia ranks 126th of 208 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.67 billion constant 2010 US$ | 2.74 billion constant 2010 US$ | 5.84 billion constant 2010 US$ | 10 |
| 2000s | 6.71 billion constant 2010 US$ | 3.96 billion constant 2010 US$ | 9.70 billion constant 2010 US$ | 10 |
| 2010s | 10.44 billion constant 2010 US$ | 8.51 billion constant 2010 US$ | 12.87 billion constant 2010 US$ | 10 |
| 2020s | 14.10 billion constant 2010 US$ | 11.94 billion constant 2010 US$ | 16.32 billion constant 2010 US$ | 5 |
Countries ranked near Armenia
- 123 Burkina Faso 17.99 billion constant 2010 US$ compare
- 124 Botswana 17.49 billion constant 2010 US$ compare
- 125 Gabon 16.80 billion constant 2010 US$ compare
- 127 Mongolia 16.27 billion constant 2010 US$ compare
- 128 Tajikistan 15.85 billion constant 2010 US$ compare
- 129 Nicaragua 15.84 billion constant 2010 US$ compare
More population data for Armenia
- Population growth rate by level of development -0.714 (2100)
- Projected population under age 5 69,060 (2100)
- Population density 59.44 (2100)
- Population growth rate -0.714 (2100)
- Projected population under age 5, annual growth rate -0.7673 % change on previous year (2100)
- Heat stress - Cities and FUAs β Mean population exposure to heat 0.5239 Days per year (2025)
- Fertility and wanted fertility 1.7 (2024)
- Refugee population by country or territory of asylum 144,379 (2024)
- Fertility vs unmet contraception 1.7 (2024)
- Fertility vs contraception 1.7 (2024)
Frequently asked questions
- What is gdp at market prices in Armenia?
- Gdp at market prices in Armenia was 16.32 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Armenia?
- The highest recorded value was 16.32 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Armenia?
- The lowest recorded value was 2.74 billion constant 2010 US$ in 1993.
- How does Armenia rank for gdp at market prices?
- Armenia ranks 126th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Armenia?
- Over the last ten years it is up 59.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release