GDP per capita (current US$) (UNESCO Institute) in Armenia

Armenia: GDP per capita (current US$) (UNESCO Institute) was 8,501 current US$ in 2024. ◆ Volatile

Latest (2024)
8,501 current US$
Change on year
up 4.6%
World rank
106th
of 211 countries
All-time high
8,501 current US$
in 2024
All-time low
347.87 current US$
in 1993
Years of data
35
1990–2024

GDP per capita in Armenia, 1990–2024

02.0k4.0k6.0k8.0k1990200720241990: 635.4 current US$1991: 572.7 current US$1992: 356.4 current US$1993: 347.9 current US$1994: 390.9 current US$1995: 443.9 current US$1996: 487.1 current US$1997: 505 current US$1998: 590.2 current US$1999: 582.7 current US$2000: 593.5 current US$2001: 659.6 current US$2002: 742.7 current US$2003: 882 current US$2004: 1.1k current US$2005: 1.6k current US$2006: 2.0k current US$2007: 3.0k current US$2008: 3.8k current US$2009: 2.8k current US$2010: 3.0k current US$2011: 3.3k current US$2012: 3.5k current US$2013: 3.7k current US$2014: 3.9k current US$2015: 3.5k current US$2016: 3.5k current US$2017: 3.9k current US$2018: 4.2k current US$2019: 4.6k current US$2020: 4.3k current US$2021: 4.7k current US$2022: 6.6k current US$2023: 8.1k current US$2024: 8.5k current US$

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

The most recent figure for gdp per capita in Armenia is 8,501 current US$, measured in 2024. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 4.6% on the previous year and up 120.7% over ten years.

Over the whole period, gdp per capita in Armenia peaked at 8,501 current US$ in 2024 and was at its lowest, 347.87 current US$, in 1993.

Armenia ranks 106th 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 per capita (current US$) (UNESCO Institute) in Armenia, year by year

Annual values for GDP per capita (current US$) in Armenia, 1990 to 2024.
Year current US$ Change
1990 635.36 current US$ —
1991 572.74 current US$ -9.9%
1992 356.35 current US$ -37.8%
1993 347.87 current US$ -2.4%
1994 390.88 current US$ +12.4%
1995 443.93 current US$ +13.6%
1996 487.07 current US$ +9.7%
1997 505.04 current US$ +3.7%
1998 590.24 current US$ +16.9%
1999 582.67 current US$ -1.3%
2000 593.45 current US$ +1.9%
2001 659.59 current US$ +11.1%
2002 742.65 current US$ +12.6%
2003 882.03 current US$ +18.8%
2004 1,130 current US$ +28.1%
2005 1,557 current US$ +37.8%
2006 2,042 current US$ +31.1%
2007 2,963 current US$ +45.1%
2008 3,778 current US$ +27.5%
2009 2,821 current US$ -25.3%
2010 3,041 current US$ +7.8%
2011 3,350 current US$ +10.1%
2012 3,512 current US$ +4.8%
2013 3,680 current US$ +4.8%
2014 3,852 current US$ +4.7%
2015 3,512 current US$ -8.8%
2016 3,524 current US$ +0.3%
2017 3,869 current US$ +9.8%
2018 4,196 current US$ +8.5%
2019 4,597 current US$ +9.6%
2020 4,269 current US$ -7.1%
2021 4,685 current US$ +9.8%
2022 6,572 current US$ +40.3%
2023 8,125 current US$ +23.6%
2024 8,501 current US$ +4.6%

Armenia compared with similar countries

  • Armenia's 8,501 current US$ is above the median for upper middle income countries, which is 7,656 current US$, 1.1× the median. (58 countries reporting)
  • Armenia's 8,501 current US$ is below the median for Europe & Central Asia, which is 29,386 current US$, 29% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 491.21 current US$ 347.87 current US$ 635.36 current US$ 10
2000s 1,717 current US$ 593.45 current US$ 3,778 current US$ 10
2010s 3,713 current US$ 3,041 current US$ 4,597 current US$ 10
2020s 6,430 current US$ 4,269 current US$ 8,501 current US$ 5

Countries ranked near Armenia

  1. 103 Georgia 9,194 current US$ compare
  2. 104 Bosnia and Herzegovina 8,957 current US$ compare
  3. 105 Turkmenistan 8,572 current US$ compare
  4. 107 Peru 8,452 current US$ compare
  5. 108 Belize 8,430 current US$ compare
  6. 109 Belarus 8,317 current US$ 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 8,501 current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp per capita recorded in Armenia?
The highest recorded value was 8,501 current US$ in 2024.
What is the lowest gdp per capita recorded in Armenia?
The lowest recorded value was 347.87 current US$ in 1993.
How does Armenia rank for gdp per capita?
Armenia ranks 106th 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 120.7%. 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 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).

Share, cite or embed this page

Cite this page

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-us-2/armenia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://population.statizoid.com/stat/gdp-per-capita-current-us-2/armenia/">GDP per capita in Armenia</a> — Statizoid

About this data

Indicator
GDP per capita (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release