GDP growth in Armenia
Armenia: GDP growth was 5.9% in 2024. β Volatile
Latest (2024)
5.9%
Change on year
down 28.9%
World rank
26th
of 209 countries
All-time high
14.0%
in 2003
All-time low
-41.8%
in 1992
Years of data
34
1991β2024
GDP growth in Armenia, 1991β2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Armenia recorded 5.9% for gdp growth in 2024.
That represents a change of down 28.9% on the previous year and up 63.9% over ten years.
Over the whole period, gdp growth in Armenia peaked at 14.0% in 2003 and was at its lowest, -41.8%, in 1992.
Armenia ranks 26th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.4% | -41.8% | 7.3% | 9 |
| 2000s | 8.7% | -14.1% | 14.0% | 10 |
| 2010s | 4.5% | 0.2% | 7.6% | 10 |
| 2020s | 5.1% | -7.2% | 12.6% | 5 |
Countries ranked near Armenia
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)
- 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)
- Natural population growth 0.2408 (2023)
- Fertility rate with projections 1.71 (2023)
Frequently asked questions
- What is gdp growth in Armenia?
- Gdp growth in Armenia was 5.9% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Armenia?
- The highest recorded value was 14.0% in 2003.
- What is the lowest gdp growth recorded in Armenia?
- The lowest recorded value was -41.8% in 1992.
- How does Armenia rank for gdp growth?
- Armenia ranks 26th out of 209 countries with data for 2024.
- Is gdp growth rising or falling in Armenia?
- Over the last ten years it is up 63.9%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 34 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release