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Armenia GDP per Capita

Armenia's GDP per capita rose to $5,378.32 in 2024, up from $5,197.24 in 2023, according to World Bank. This represents an increase of 3.5% ($181.08) from the previous year. Armenia has GDP per capita lower than the global median ($5,378 vs median $6,791). Within Asia, it ranks 24th out of 47 countries.

Armenia's GDP rose to $25.79 billion in 2024, up from $24.09 billion in 2023.

Yearly Historical Data (1990-2024)

(in USD)
Year GDP per Capita (USD)
2024 5,378.32
2023 5,197.24
2022 4,791
2021 4,264.8
2020 4,032.09
2019 4,343.46
2018 4,027.83
2017 3,815.37
2016 3,533.89
2015 3,512.39
2014 3,393.09
2013 3,266.3
2012 3,159.76
2011 2,943.84
2010 2,796.08
2009 2,716.97
2008 3,141.33
2007 2,919.37
2006 2,551.44
2005 2,240.09
2004 1,955.22
2003 1,759.65
2002 1,535.2
2001 1,351.12
2000 1,229.22
1999 1,180.45
1998 1,128.1
1997 1,039.08
1996 995.73
1995 932.36
1994 857.39
1993 792.57
1992 840.21
1991 1,426.83
1990 1,644.02
Armenia GDP per Capita : Definition
GDP per Capita measures total economic output for Armenia divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $25.79B $24.09B 2024
GDP Annual Growth Rate 5.9% 8.3% 2024
GDP per Capita PPP $20,078.78 $19,402.75 2024
R&D Expenditure (% GDP) 0.18% 0.21% 2023
Real GDP $16.32B $15.41B 2024