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Armenia GDP per Capita PPP

Armenia's GDP per capita PPP rose to $20,078.78 in 2024, up from $19,402.75 in 2023, according to World Bank. This represents an increase of 3.5% (676.03) from the previous year. Armenia has GDP per capita PPP higher than the global median (20,078.78 vs median 17,953.85). Compared with the median in Asia, Armenia is higher (20,078.78 vs regional median 16,512.67) and ranks 21st out of 46 countries in Asia.

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

Yearly Historical Data (1990-2024)

(in International Dollars)
Year GDP per Capita PPP
2024 20,078.78
2023 19,402.75
2022 17,886.18
2021 15,921.71
2020 15,052.94
2019 16,215.36
2018 15,037.05
2017 14,243.87
2016 13,192.99
2015 13,112.76
2014 12,667.38
2013 12,194.02
2012 11,796.27
2011 10,990.18
2010 10,438.56
2009 10,143.24
2008 11,727.48
2007 10,898.85
2006 9,525.23
2005 8,362.9
2004 7,299.4
2003 6,569.26
2002 5,731.35
2001 5,044.12
2000 4,589.01
1999 4,406.97
1998 4,211.51
1997 3,879.18
1996 3,717.34
1995 3,480.76
1994 3,200.9
1993 2,958.88
1992 3,136.72
1991 5,326.75
1990 6,137.6
Armenia GDP per Capita PPP : Definition
GDP per Capita PPP measures total economic output per person in Armenia, adjusted for differences in cost of living, using 2021 international 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 $5,378.32 $5,197.24 2024
R&D Expenditure (% GDP) 0.18% 0.21% 2023
Real GDP $16.32B $15.41B 2024