GDP per capita (current LCU) (UNESCO Institute) in Armenia

Armenia: GDP per capita (current LCU) (UNESCO Institute) was 3.34 million current LCU in 2024. ◆ Volatile

Latest (2024)
3.34 million current LCU
Change on year
up 4.7%
World rank
28th
of 211 countries
All-time high
3.34 million current LCU
in 2024
All-time low
14.16 current LCU
in 1990
Years of data
35
1990–2024

GDP per capita in Armenia, 1990–2024

01.0M2.0M3.0M1990200720241990: 14.2 current LCU1991: 22.1 current LCU1992: 86.8 current LCU1993: 1.2k current LCU1994: 55.6k current LCU1995: 157.9k current LCU1996: 201.7k current LCU1997: 247.8k current LCU1998: 297.8k current LCU1999: 311.8k current LCU2000: 320.2k current LCU2001: 366.1k current LCU2002: 425.8k current LCU2003: 510.5k current LCU2004: 602.8k current LCU2005: 712.8k current LCU2006: 849.4k current LCU2007: 1.0M current LCU2008: 1.2M current LCU2009: 1.0M current LCU2010: 1.1M current LCU2011: 1.2M current LCU2012: 1.4M current LCU2013: 1.5M current LCU2014: 1.6M current LCU2015: 1.7M current LCU2016: 1.7M current LCU2017: 1.9M current LCU2018: 2.0M current LCU2019: 2.2M current LCU2020: 2.1M current LCU2021: 2.4M current LCU2022: 2.9M current LCU2023: 3.2M current LCU2024: 3.3M current LCU

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

In 2024, gdp per capita in Armenia stood at 3.34 million current LCU. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 4.7% on the previous year and up 108.4% over ten years.

Over the whole period, gdp per capita in Armenia peaked at 3.34 million current LCU in 2024 and was at its lowest, 14.16 current LCU, in 1990.

Armenia ranks 28th of 211 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP per capita (current LCU) (UNESCO Institute) in Armenia, year by year

Annual values for GDP per capita (current LCU) in Armenia, 1990 to 2024.
Year current LCU Change
1990 14.16 current LCU —
1991 22.05 current LCU +55.7%
1992 86.84 current LCU +293.8%
1993 1,222 current LCU +1306.6%
1994 55,598 current LCU +4451.4%
1995 157,897 current LCU +184.0%
1996 201,666 current LCU +27.7%
1997 247,771 current LCU +22.9%
1998 297,776 current LCU +20.2%
1999 311,763 current LCU +4.7%
2000 320,182 current LCU +2.7%
2001 366,111 current LCU +14.3%
2002 425,799 current LCU +16.3%
2003 510,493 current LCU +19.9%
2004 602,845 current LCU +18.1%
2005 712,840 current LCU +18.2%
2006 849,410 current LCU +19.2%
2007 1.01 million current LCU +19.3%
2008 1.16 million current LCU +14.0%
2009 1.02 million current LCU -11.3%
2010 1.14 million current LCU +10.9%
2011 1.25 million current LCU +9.8%
2012 1.41 million current LCU +13.1%
2013 1.51 million current LCU +6.9%
2014 1.60 million current LCU +6.3%
2015 1.68 million current LCU +4.8%
2016 1.69 million current LCU +0.9%
2017 1.87 million current LCU +10.3%
2018 2.03 million current LCU +8.5%
2019 2.21 million current LCU +9.0%
2020 2.09 million current LCU -5.5%
2021 2.36 million current LCU +13.1%
2022 2.86 million current LCU +21.3%
2023 3.19 million current LCU +11.4%
2024 3.34 million current LCU +4.7%

Armenia compared with similar countries

  • Armenia's 3.34 million current LCU is above the median for upper middle income countries, which is 125,072 current LCU, 26.7× the median. (58 countries reporting)
  • Armenia's 3.34 million current LCU is above the median for Europe & Central Asia, which is 63,027 current LCU, 53.0× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP per capita (current 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.

YearChange FromTo
1994 +4451.4% 1,222 current LCU 55,598 current LCU
1993 +1306.6% 86.84 current LCU 1,222 current LCU
1992 +293.8% 22.05 current LCU 86.84 current LCU
1995 +184.0% 55,598 current LCU 157,897 current LCU

Averages by decade

DecadeAverage LowestHighest Years
1990s 127,382 current LCU 14.16 current LCU 311,763 current LCU 10
2000s 698,168 current LCU 320,182 current LCU 1.16 million current LCU 10
2010s 1.64 million current LCU 1.14 million current LCU 2.21 million current LCU 10
2020s 2.77 million current LCU 2.09 million current LCU 3.34 million current LCU 5

Countries ranked near Armenia

  1. 25 Equatorial Guinea 4.09 million current LCU compare
  2. 26 Uganda 4.05 million current LCU compare
  3. 27 New Caledonia 3.80 million current LCU compare
  4. 29 Tanzania 3.08 million current LCU compare
  5. 30 Myanmar 2.85 million current LCU compare
  6. 31 French Polynesia 2.51 million current LCU compare

See the full ranking of 211 places →

More population data for Armenia

All data for Armenia →

Frequently asked questions

What is gdp per capita in Armenia?
Gdp per capita in Armenia was 3.34 million current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp per capita recorded in Armenia?
The highest recorded value was 3.34 million current LCU in 2024.
What is the lowest gdp per capita recorded in Armenia?
The lowest recorded value was 14.16 current LCU in 1990.
How does Armenia rank for gdp per capita?
Armenia ranks 28th out of 211 countries with data for 2024.
Is gdp per capita rising or falling in Armenia?
Over the last ten years it is up 108.4%. 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 per capita (current LCU). Statizoid updates them automatically from the source API.

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GDP per capita in Armenia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-lcu-2/armenia/

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About this data

Indicator
GDP per capita (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release