Europe & Central Asia
🇦🇲 Armenia
Real-time economic and demographic statistics for Armenia
GDP
#120
of 214
Population
#134
of 217
GDP per Capita
#115
of 214
GDP Growth
#84
of 214
Share of World
0.02%
of world GDP
Income Level
Upper middle income
Armenia GDP (2015–2024)
+5.90%annual growth
Chart data: 2015: 10,553,337,518.414 USD, 2016: 10,546,136,235.522 USD, 2017: 11,527,458,709.016 USD, 2018: 12,457,940,694.74 USD, 2019: 13,619,290,539.212 USD, 2020: 12,641,698,583.215 USD, 2021: 13,878,908,628.938 USD, 2022: 19,513,506,553.125 USD, 2023: 24,085,749,592.336 USD, 2024: 25,786,585,949.635 USD
Demographics
3.0M
Population
+2.33%annual growth
Labor Market
13.33%
Unemployment Rate
+0.08ppannual change
Verified: Nov 2025
Economics
+0.27%
Inflation Rate
-1.71ppannual change
Frequently Asked Questions
- What is Armenia's GDP?
- Armenia's GDP is approximately $25.8 billion (2024, representing 0.0% of world GDP), making it the #120 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Armenia's population?
- Armenia has a population of approximately 3.0M — the #134 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Armenia's GDP per capita?
- Armenia's GDP per capita is approximately $8,501, ranking #115 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Armenia's economy growing?
- Armenia's economy is currently growing at approximately 5.9% per year, ranking #84 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Armenia in?
- Armenia is located in the Europe & Central Asia region and is classified as a upper middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.