GDP, PPP (constant 2011 international $) in Armenia

Armenia: GDP, PPP (constant 2011 international $) was 60.91 billion constant 2011 international $ in 2024. ▲ Rising

Latest (2024)
60.91 billion constant 2011 international $
Change on year
up 5.9%
World rank
112th
of 198 countries
All-time high
60.91 billion constant 2011 international $
in 2024
All-time low
10.22 billion constant 2011 international $
in 1993
Years of data
35
1990–2024

GDP, PPP in Armenia, 1990–2024

20.0B40.0B60.0B1990200720241990: 21.8B constant 2011 international $1991: 19.3B constant 2011 international $1992: 11.2B constant 2011 international $1993: 10.2B constant 2011 international $1994: 10.8B constant 2011 international $1995: 11.5B constant 2011 international $1996: 12.2B constant 2011 international $1997: 12.6B constant 2011 international $1998: 13.5B constant 2011 international $1999: 14.0B constant 2011 international $2000: 14.8B constant 2011 international $2001: 16.2B constant 2011 international $2002: 18.3B constant 2011 international $2003: 20.9B constant 2011 international $2004: 23.1B constant 2011 international $2005: 26.3B constant 2011 international $2006: 29.8B constant 2011 international $2007: 33.9B constant 2011 international $2008: 36.2B constant 2011 international $2009: 31.1B constant 2011 international $2010: 31.8B constant 2011 international $2011: 33.3B constant 2011 international $2012: 35.7B constant 2011 international $2013: 36.9B constant 2011 international $2014: 38.2B constant 2011 international $2015: 39.4B constant 2011 international $2016: 39.5B constant 2011 international $2017: 42.4B constant 2011 international $2018: 44.6B constant 2011 international $2019: 48.0B constant 2011 international $2020: 44.6B constant 2011 international $2021: 47.2B constant 2011 international $2022: 53.1B constant 2011 international $2023: 57.5B constant 2011 international $2024: 60.9B constant 2011 international $

Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.

Analysis

The most recent figure for gdp, ppp in Armenia is 60.91 billion constant 2011 international $, 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, ppp in Armenia peaked at 60.91 billion constant 2011 international $ in 2024 and was at its lowest, 10.22 billion constant 2011 international $, in 1993.

That places Armenia 112th out of 198 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

GDP, PPP (constant 2011 international $) in Armenia, year by year

Annual values for GDP, PPP (constant 2011 international $) in Armenia, 1990 to 2024.
Year constant 2011 international $ Change
1990 21.80 billion constant 2011 international $ —
1991 19.25 billion constant 2011 international $ -11.7%
1992 11.20 billion constant 2011 international $ -41.8%
1993 10.22 billion constant 2011 international $ -8.8%
1994 10.77 billion constant 2011 international $ +5.4%
1995 11.51 billion constant 2011 international $ +6.9%
1996 12.19 billion constant 2011 international $ +5.9%
1997 12.59 billion constant 2011 international $ +3.3%
1998 13.51 billion constant 2011 international $ +7.3%
1999 13.96 billion constant 2011 international $ +3.3%
2000 14.78 billion constant 2011 international $ +5.9%
2001 16.20 billion constant 2011 international $ +9.6%
2002 18.34 billion constant 2011 international $ +13.2%
2003 20.91 billion constant 2011 international $ +14.0%
2004 23.10 billion constant 2011 international $ +10.5%
2005 26.31 billion constant 2011 international $ +13.9%
2006 29.79 billion constant 2011 international $ +13.2%
2007 33.87 billion constant 2011 international $ +13.7%
2008 36.20 billion constant 2011 international $ +6.9%
2009 31.10 billion constant 2011 international $ -14.1%
2010 31.78 billion constant 2011 international $ +2.2%
2011 33.28 billion constant 2011 international $ +4.7%
2012 35.67 billion constant 2011 international $ +7.2%
2013 36.85 billion constant 2011 international $ +3.3%
2014 38.18 billion constant 2011 international $ +3.6%
2015 39.40 billion constant 2011 international $ +3.2%
2016 39.48 billion constant 2011 international $ +0.2%
2017 42.44 billion constant 2011 international $ +7.5%
2018 44.65 billion constant 2011 international $ +5.2%
2019 48.04 billion constant 2011 international $ +7.6%
2020 44.58 billion constant 2011 international $ -7.2%
2021 47.16 billion constant 2011 international $ +5.8%
2022 53.11 billion constant 2011 international $ +12.6%
2023 57.52 billion constant 2011 international $ +8.3%
2024 60.91 billion constant 2011 international $ +5.9%

Armenia compared with similar countries

  • Armenia's 60.91 billion constant 2011 international $ is below the median for upper middle income countries, which is 91.85 billion constant 2011 international $, 66% of the median. (57 countries reporting)
  • Armenia's 60.91 billion constant 2011 international $ is below the median for Europe & Central Asia, which is 245.21 billion constant 2011 international $, 25% of the median. (52 countries reporting)

Biggest year-on-year movements

Years where GDP, PPP (constant 2011 international $) 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
1992 -41.8% 19.25 billion constant 2011 international $ 11.20 billion constant 2011 international $

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.70 billion constant 2011 international $ 10.22 billion constant 2011 international $ 21.80 billion constant 2011 international $ 10
2000s 25.06 billion constant 2011 international $ 14.78 billion constant 2011 international $ 36.20 billion constant 2011 international $ 10
2010s 38.98 billion constant 2011 international $ 31.78 billion constant 2011 international $ 48.04 billion constant 2011 international $ 10
2020s 52.66 billion constant 2011 international $ 44.58 billion constant 2011 international $ 60.91 billion constant 2011 international $ 5

Countries ranked near Armenia

  1. 109 Laos 66.91 billion constant 2011 international $ compare
  2. 110 Lebanon 65.42 billion constant 2011 international $ compare
  3. 111 Bosnia and Herzegovina 64.64 billion constant 2011 international $ compare
  4. 113 Burkina Faso 60.00 billion constant 2011 international $ compare
  5. 114 Guinea 59.44 billion constant 2011 international $ compare
  6. 115 Mongolia 59.22 billion constant 2011 international $ compare

See the full ranking of 198 places →

More population data for Armenia

All data for Armenia →

Frequently asked questions

What is gdp, ppp in Armenia?
Gdp, ppp in Armenia was 60.91 billion constant 2011 international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp, ppp recorded in Armenia?
The highest recorded value was 60.91 billion constant 2011 international $ in 2024.
What is the lowest gdp, ppp recorded in Armenia?
The lowest recorded value was 10.22 billion constant 2011 international $ in 1993.
How does Armenia rank for gdp, ppp?
Armenia ranks 112th out of 198 countries with data for 2024.
Is gdp, ppp 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, PPP (constant 2011 international $). Statizoid updates them automatically from the source API.

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GDP, PPP in Armenia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/gdp-ppp-constant-2011-international/armenia/

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About this data

Indicator
GDP, PPP (constant 2011 international $)
Unit
constant 2011 international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
198 places, 6,765 data points, 1990–2024
Last refreshed

February 2026 Data Release