GNI (current LCU), annual growth rate in Armenia

Armenia: GNI (current LCU), annual growth rate was 6.1 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.1 % change on previous year
Change on year
down 45.3%
World rank
119th
of 206 countries
All-time high
225.6 % change on previous year
in 1992
All-time low
-13.43 % change on previous year
in 2009
Years of data
32
1991–2024

GNI (current LCU), annual growth rate in Armenia, 1991–2024

0501001502002501991200720241991: 64.3 % change on previous year1992: 225.6 % change on previous year1995: 187.6 % change on previous year1996: 26.7 % change on previous year1997: 25.3 % change on previous year1998: 15.6 % change on previous year1999: 3.2 % change on previous year2000: 4.6 % change on previous year2001: 13.9 % change on previous year2002: 16.4 % change on previous year2003: 19.1 % change on previous year2004: 18.4 % change on previous year2005: 17.6 % change on previous year2006: 19 % change on previous year2007: 19.3 % change on previous year2008: 13.9 % change on previous year2009: -13.4 % change on previous year2010: 11 % change on previous year2011: 7.7 % change on previous year2012: 13.4 % change on previous year2013: 9 % change on previous year2014: 4.4 % change on previous year2015: 4 % change on previous year2016: -1.2 % change on previous year2017: 11.1 % change on previous year2018: 6.1 % change on previous year2019: 8.5 % change on previous year2020: -8.3 % change on previous year2021: 11.6 % change on previous year2022: 21.8 % change on previous year2023: 11.2 % change on previous year2024: 6.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gni (current lcu), annual growth rate in Armenia is 6.1 % change on previous year, measured in 2024.

That represents a change of down 45.3% on the previous year and up 40.0% over ten years.

Over the whole period, gni (current lcu), annual growth rate in Armenia peaked at 225.6 % change on previous year in 1992 and was at its lowest, -13.43 % change on previous year, in 2009.

Armenia ranks 119th of 206 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.

GNI (current LCU), annual growth rate in Armenia, year by year

Annual values for GNI (current LCU), annual growth rate in Armenia, 1991 to 2024.
Year % change on previous year Change
1991 64.26 % change on previous year
1992 225.6 % change on previous year +251.1%
1995 187.58 % change on previous year -16.9%
1996 26.74 % change on previous year -85.7%
1997 25.35 % change on previous year -5.2%
1998 15.61 % change on previous year -38.4%
1999 3.23 % change on previous year -79.3%
2000 4.55 % change on previous year +41.1%
2001 13.92 % change on previous year +205.7%
2002 16.39 % change on previous year +17.7%
2003 19.06 % change on previous year +16.3%
2004 18.39 % change on previous year -3.5%
2005 17.62 % change on previous year -4.2%
2006 19.03 % change on previous year +8.0%
2007 19.32 % change on previous year +1.6%
2008 13.87 % change on previous year -28.2%
2009 -13.43 % change on previous year -196.9%
2010 10.99 % change on previous year -181.8%
2011 7.73 % change on previous year -29.7%
2012 13.4 % change on previous year +73.4%
2013 8.99 % change on previous year -32.9%
2014 4.36 % change on previous year -51.5%
2015 4.01 % change on previous year -7.8%
2016 -1.21 % change on previous year -130.1%
2017 11.09 % change on previous year -1019.2%
2018 6.14 % change on previous year -44.7%
2019 8.5 % change on previous year +38.5%
2020 -8.3 % change on previous year -197.7%
2021 11.64 % change on previous year -240.2%
2022 21.84 % change on previous year +87.7%
2023 11.16 % change on previous year -48.9%
2024 6.1 % change on previous year -45.3%

Armenia compared with similar countries

  • Armenia's 6.1 % change on previous year is below the median for upper middle income countries, which is 6.33 % change on previous year, 96% of the median. (58 countries reporting)
  • Armenia's 6.1 % change on previous year is above the median for Europe & Central Asia, which is 6 % change on previous year, 1.0× the median. (54 countries reporting)

Biggest year-on-year movements

Years where GNI (current LCU), annual growth rate 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
2017 +1019.2% -1.21 % change on previous year 11.09 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 78.34 % change on previous year 3.23 % change on previous year 225.6 % change on previous year 7
2000s 12.87 % change on previous year -13.43 % change on previous year 19.32 % change on previous year 10
2010s 7.4 % change on previous year -1.21 % change on previous year 13.4 % change on previous year 10
2020s 8.49 % change on previous year -8.3 % change on previous year 21.84 % change on previous year 5

Countries ranked near Armenia

  1. 116 Grenada 6.19 % change on previous year compare
  2. 117 Denmark 6.16 % change on previous year compare
  3. 118 South Korea 6.16 % change on previous year compare
  4. 120 Indonesia 5.97 % change on previous year compare
  5. 121 Tonga 5.96 % change on previous year compare
  6. 122 Sint Maarten (Dutch part) 5.93 % change on previous year compare

See the full ranking of 206 places →

More population data for Armenia

All data for Armenia →

Frequently asked questions

What is gni (current lcu), annual growth rate in Armenia?
Gni (current lcu), annual growth rate in Armenia was 6.1 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gni (current lcu), annual growth rate recorded in Armenia?
The highest recorded value was 225.6 % change on previous year in 1992.
What is the lowest gni (current lcu), annual growth rate recorded in Armenia?
The lowest recorded value was -13.43 % change on previous year in 2009.
How does Armenia rank for gni (current lcu), annual growth rate?
Armenia ranks 119th out of 206 countries with data for 2024.
Is gni (current lcu), annual growth rate rising or falling in Armenia?
Over the last ten years it is up 40.0%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of GNI (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GNI (current LCU), annual growth rate in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gni-current-lcu-annual-growth-rate-2/armenia/

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How this figure is calculated

The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GNI (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 9,636 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.