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Armenia Annual Inflation Rate

Armenia's annual inflation rate fell to 0.27% in 2024, down from 1.98% in 2023, according to World Bank. This represents a decrease of 1.71% from the previous year. Armenia has the 8th lowest annual inflation rate. Within Asia, it ranks 40th out of 44 countries.

Yearly Historical Data (1994-2024)

(in %)
Year Annual Inflation Rate (%)
2024 0.27%
2023 1.98%
2022 8.64%
2021 7.18%
2020 1.21%
2019 1.44%
2018 2.52%
2017 0.97%
2016 -1.4%
2015 3.73%
2014 2.98%
2013 5.79%
2012 2.56%
2011 7.65%
2010 8.18%
2009 3.41%
2008 8.95%
2007 4.41%
2006 2.89%
2005 0.64%
2004 6.96%
2003 4.72%
2002 1.06%
2001 3.15%
2000 -0.79%
1999 0.65%
1998 8.67%
1997 13.96%
1996 18.68%
1995 175.95%
1994 3,373.76%
Armenia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Armenia.