Gross Domestic Product of Armenia grew 5.7% in 2021 compared to last year. This rate is 131 -tenths of one percent higher than the figure of -7.4% published in 2020.
The GDP figure in 2021 was €11,774$13,928 million, Armenia is number 134 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Armenia rose €682$1,287 million with respect to 2020.
The GDP per capita of Armenia in 2021 was €3,973$4,700, €228$433 higher than in 2020, it was €3,745$4,267. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2011 when the GDP per capita in Armenia was €2,458$3,417.
If we order the countries according to their GDP per capita, Armenia is in 108th position of the 196 countries whose GDP we publish.