GDP Armenia 2024

Armenia: GDP increases 5.9%

Gross Domestic Product of Armenia grew 5.9% in 2024 compared to last year. This rate is 24 -tenths of one percent less than the figure of 8.3% published in 2023.

The GDP figure in 2024 was €23,987$25,955 million, Armenia is number 116 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Armenia rose €1,625$1,769 million with respect to 2023.

Here we show you the progression of the GDP in Armenia. You can see GDP in other countries in GDP and see all the economic information about Armenia in Armenia's economy.

Evolution: Annual GDP Armenia
DateAnnual GDPAnnual GDPGDP Growth (%)
2024€23,987M$25,955M5.9%
2023€22,362M$24,186M8.3%
2022€18,516M$19,514M12.6%
2021€11,727M$13,879M5.8%
2020€11,077M$12,642M-7.1%
2019€12,164M$13,619M7.6%
2018€10,544M$12,458M5.2%
2017€10,207M$11,527M7.5%
2016€9,530M$10,546M0.2%
2015€9,510M$10,553M3.3%
2014€8,737M$11,610M3.6%
2013€8,373M$11,121M3.4%
2012€8,260M$10,619M7.1%
2011€7,287M$10,142M4.7%
2010€6,979M$9,260M2.2%
2009€6,207M$8,648M-14.2%
2008€7,930M$11,662M6.9%
2007€6,717M$9,206M13.7%
2006€5,084M$6,384M13.2%
2005€3,936M$4,900M13.8%
2004€2,877M$3,577M10.4%
2003€2,482M$2,807M14.0%
2002€2,515M$2,376M14.8%
2001€2,365M$2,118M9.6%
2000€2,069M$1,912M5.6%
1999€1,729M$1,845M3.4%
1998$1,892M7.3%
1997$1,639M3.2%
1996$1,597M5.9%
1995$1,287M8.2%
1994$648M5.4%
1993$835M-14.1%
1992$108M-41.8%
1991$2,070M-11.7%
1990$2,257M
Evolution: GDP per capita Armenia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2024€7,699$8,3304.4%4.5%
2023€7,371$7,97318.8%21.9%
2022€6,205$6,53957.1%39.9%
2021€3,949$4,6745.6%9.5%
2020€3,739$4,267-9.0%-7.2%
2019€4,108$4,59915.4%9.4%
2018€3,559$4,2053.5%8.3%
2017€3,438$3,8837.5%9.7%
2016€3,199$3,5400.6%0.4%
2015€3,178$3,5279.3%-8.7%
2014€2,908$3,8644.7%4.7%
2013€2,778$3,6901.7%5.0%
2012€2,733$3,51413.4%4.8%
2011€2,410$3,3544.3%9.4%
2010€2,311$3,06613.1%7.7%
2009€2,044$2,847-21.0%-25.1%
2008€2,586$3,80418.9%27.5%
2007€2,176$2,98233.0%45.2%
2006€1,636$2,05530.0%31.1%
2005€1,259$1,56737.7%37.9%
2004€914$1,13716.6%28.2%
2003€784$887-0.8%18.8%
2002€790$7476.9%12.8%
2001€739$66214.8%11.2%
2000€644$59519.9%3.9%
1999€537$573-2.2%
1998$58615.7%
1997$5072.8%
1996$49324.3%
1995$39699.0%
1994$199-19.7%
1993$248691.4%
1992$31-94.7%
1991$590-8.3%
1990$643
Evolution: GDP growth rate at constant prices Armenia
Evolution: GDP per capita Armenia
GDP Armenia