GDP (current US$) (UNESCO Institute) in Armenia
Armenia: GDP (current US$) (UNESCO Institute) was 25.79 billion current US$ in 2024. ◆ Volatile
Latest (2024)
25.79 billion current US$
Change on year
up 7.1%
World rank
117th
of 211 countries
All-time high
25.79 billion current US$
in 2024
All-time low
1.20 billion current US$
in 1993
Years of data
35
1990–2024
GDP in Armenia, 1990–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
Armenia recorded 25.79 billion current US$ for gdp in 2024. That is the highest value across all 35 years on record.
That represents a change of up 7.1% on the previous year and up 122.1% over ten years.
Over the whole period, gdp in Armenia peaked at 25.79 billion current US$ in 2024 and was at its lowest, 1.20 billion current US$, in 1993.
Armenia ranks 117th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 2.26 billion current US$ | — |
| 1991 | 2.07 billion current US$ | -8.3% |
| 1992 | 1.27 billion current US$ | -38.5% |
| 1993 | 1.20 billion current US$ | -5.6% |
| 1994 | 1.32 billion current US$ | +9.5% |
| 1995 | 1.47 billion current US$ | +11.6% |
| 1996 | 1.60 billion current US$ | +8.8% |
| 1997 | 1.64 billion current US$ | +2.7% |
| 1998 | 1.89 billion current US$ | +15.5% |
| 1999 | 1.85 billion current US$ | -2.5% |
| 2000 | 1.91 billion current US$ | +3.6% |
| 2001 | 2.12 billion current US$ | +10.8% |
| 2002 | 2.38 billion current US$ | +12.2% |
| 2003 | 2.81 billion current US$ | +18.1% |
| 2004 | 3.58 billion current US$ | +27.4% |
| 2005 | 4.90 billion current US$ | +37.0% |
| 2006 | 6.38 billion current US$ | +30.3% |
| 2007 | 9.21 billion current US$ | +44.2% |
| 2008 | 11.66 billion current US$ | +26.7% |
| 2009 | 8.65 billion current US$ | -25.8% |
| 2010 | 9.26 billion current US$ | +7.1% |
| 2011 | 10.14 billion current US$ | +9.5% |
| 2012 | 10.62 billion current US$ | +4.7% |
| 2013 | 11.12 billion current US$ | +4.7% |
| 2014 | 11.61 billion current US$ | +4.4% |
| 2015 | 10.55 billion current US$ | -9.1% |
| 2016 | 10.55 billion current US$ | -0.1% |
| 2017 | 11.53 billion current US$ | +9.3% |
| 2018 | 12.46 billion current US$ | +8.1% |
| 2019 | 13.62 billion current US$ | +9.3% |
| 2020 | 12.64 billion current US$ | -7.2% |
| 2021 | 13.88 billion current US$ | +9.8% |
| 2022 | 19.51 billion current US$ | +40.6% |
| 2023 | 24.09 billion current US$ | +23.4% |
| 2024 | 25.79 billion current US$ | +7.1% |
Armenia compared with similar countries
- Armenia's 25.79 billion current US$ is below the median for upper middle income countries, which is 45.55 billion current US$, 57% of the median. (58 countries reporting)
- Armenia's 25.79 billion current US$ is below the median for Europe & Central Asia, which is 93.20 billion current US$, 28% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.66 billion current US$ | 1.20 billion current US$ | 2.26 billion current US$ | 10 |
| 2000s | 5.36 billion current US$ | 1.91 billion current US$ | 11.66 billion current US$ | 10 |
| 2010s | 11.15 billion current US$ | 9.26 billion current US$ | 13.62 billion current US$ | 10 |
| 2020s | 19.18 billion current US$ | 12.64 billion current US$ | 25.79 billion current US$ | 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 25.79 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Armenia?
- The highest recorded value was 25.79 billion current US$ in 2024.
- What is the lowest gdp recorded in Armenia?
- The lowest recorded value was 1.20 billion current US$ in 1993.
- How does Armenia rank for gdp?
- Armenia ranks 117th out of 211 countries with data for 2024.
- Is gdp rising or falling in Armenia?
- Over the last ten years it is up 122.1%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). 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