GDP (constant LCU) (UNESCO Institute) in Armenia
Armenia: GDP (constant LCU) (UNESCO Institute) was 7.28 trillion constant LCU in 2024. ▲ Rising
GDP in Armenia, 1990–2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
The most recent figure for gdp in Armenia is 7.28 trillion constant LCU, measured 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 in Armenia peaked at 7.28 trillion constant LCU in 2024 and was at its lowest, 1.22 trillion constant LCU, in 1993.
That places Armenia 49th out of 212 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP (constant LCU) (UNESCO Institute) in Armenia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1990 | 2.61 trillion constant LCU | — |
| 1991 | 2.30 trillion constant LCU | -11.7% |
| 1992 | 1.34 trillion constant LCU | -41.8% |
| 1993 | 1.22 trillion constant LCU | -8.8% |
| 1994 | 1.29 trillion constant LCU | +5.4% |
| 1995 | 1.38 trillion constant LCU | +6.9% |
| 1996 | 1.46 trillion constant LCU | +5.9% |
| 1997 | 1.51 trillion constant LCU | +3.3% |
| 1998 | 1.62 trillion constant LCU | +7.3% |
| 1999 | 1.67 trillion constant LCU | +3.3% |
| 2000 | 1.77 trillion constant LCU | +5.9% |
| 2001 | 1.94 trillion constant LCU | +9.6% |
| 2002 | 2.19 trillion constant LCU | +13.2% |
| 2003 | 2.50 trillion constant LCU | +14.0% |
| 2004 | 2.76 trillion constant LCU | +10.5% |
| 2005 | 3.15 trillion constant LCU | +13.9% |
| 2006 | 3.56 trillion constant LCU | +13.2% |
| 2007 | 4.05 trillion constant LCU | +13.7% |
| 2008 | 4.33 trillion constant LCU | +6.9% |
| 2009 | 3.72 trillion constant LCU | -14.1% |
| 2010 | 3.80 trillion constant LCU | +2.2% |
| 2011 | 3.98 trillion constant LCU | +4.7% |
| 2012 | 4.27 trillion constant LCU | +7.2% |
| 2013 | 4.41 trillion constant LCU | +3.3% |
| 2014 | 4.57 trillion constant LCU | +3.6% |
| 2015 | 4.71 trillion constant LCU | +3.2% |
| 2016 | 4.72 trillion constant LCU | +0.2% |
| 2017 | 5.08 trillion constant LCU | +7.5% |
| 2018 | 5.34 trillion constant LCU | +5.2% |
| 2019 | 5.75 trillion constant LCU | +7.6% |
| 2020 | 5.33 trillion constant LCU | -7.2% |
| 2021 | 5.64 trillion constant LCU | +5.8% |
| 2022 | 6.35 trillion constant LCU | +12.6% |
| 2023 | 6.88 trillion constant LCU | +8.3% |
| 2024 | 7.28 trillion constant LCU | +5.9% |
Armenia compared with similar countries
- Armenia's 7.28 trillion constant LCU is above the median for upper middle income countries, which is 563.52 billion constant LCU, 12.9× the median. (58 countries reporting)
- Armenia's 7.28 trillion constant LCU is above the median for Europe & Central Asia, which is 410.71 billion constant LCU, 17.7× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU) (UNESCO Institute) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -41.8% | 2.30 trillion constant LCU | 1.34 trillion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.64 trillion constant LCU | 1.22 trillion constant LCU | 2.61 trillion constant LCU | 10 |
| 2000s | 3.00 trillion constant LCU | 1.77 trillion constant LCU | 4.33 trillion constant LCU | 10 |
| 2010s | 4.66 trillion constant LCU | 3.80 trillion constant LCU | 5.75 trillion constant LCU | 10 |
| 2020s | 6.30 trillion constant LCU | 5.33 trillion constant LCU | 7.28 trillion constant LCU | 5 |
Countries ranked near Armenia
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)
- Population growth rate -0.714 (2100)
- Population density 59.44 (2100)
- Projected population under age 5 69,060 (2100)
Frequently asked questions
- What is gdp in Armenia?
- Gdp in Armenia was 7.28 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Armenia?
- The highest recorded value was 7.28 trillion constant LCU in 2024.
- What is the lowest gdp recorded in Armenia?
- The lowest recorded value was 1.22 trillion constant LCU in 1993.
- How does Armenia rank for gdp?
- Armenia ranks 49th out of 212 countries with data for 2024.
- Is gdp 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release