GDP per capita in Armenia
Armenia: GDP per capita was 20,884 international-$ in 2021 prices in 2023. ◆ Volatile
GDP per capita in Armenia, 1992–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gdp per capita in Armenia stood at 20,884 international-$ in 2021 prices. That is the highest value across all 32 years on record.
The figure is up 8.4% on the previous year and up 78.0% over ten years.
Over the whole period, gdp per capita in Armenia peaked at 20,884 international-$ in 2021 prices in 2023 and was at its lowest, 3,131 international-$ in 2021 prices, in 1994.
That places Armenia 83rd out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,699 international-$ in 2021 prices | 3,131 international-$ in 2021 prices | 4,029 international-$ in 2021 prices | 8 |
| 2000s | 6,699 international-$ in 2021 prices | 4,188 international-$ in 2021 prices | 9,572 international-$ in 2021 prices | 10 |
| 2010s | 12,962 international-$ in 2021 prices | 9,788 international-$ in 2021 prices | 17,938 international-$ in 2021 prices | 10 |
| 2020s | 18,667 international-$ in 2021 prices | 17,050 international-$ in 2021 prices | 20,884 international-$ in 2021 prices | 4 |
Countries ranked near Armenia
- 80 North Macedonia 22,248 international-$ in 2021 prices compare
- 81 Serbia 21,940 international-$ in 2021 prices compare
- 82 China 21,748 international-$ in 2021 prices compare
- 84 Azerbaijan 20,444 international-$ in 2021 prices compare
- 85 Mexico 20,015 international-$ in 2021 prices compare
- 86 Gabon 19,722 international-$ in 2021 prices compare
More economy & growth data for Armenia
- Manufacturing, value added 754.82 billion constant LCU (2025)
- Households and NPISHs final consumption expenditure 71.1% (2025)
- Final consumption expenditure 23.77 billion current US$ (2025)
- Final consumption expenditure 9.20 trillion current LCU (2025)
- Final consumption expenditure 14.07 billion constant 2015 US$ (2025)
- Final consumption expenditure 9.9% (2025)
- Manufacturing, value added 11.0% (2025)
- Final consumption expenditure 81.3% (2025)
- Exports of goods and services 14.07 billion current US$ (2025)
- Gross national expenditure 105.5% (2025)
Frequently asked questions
- What is gdp per capita in Armenia?
- Gdp per capita in Armenia was 20,884 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Armenia?
- The highest recorded value was 20,884 international-$ in 2021 prices in 2023.
- What is the lowest gdp per capita recorded in Armenia?
- The lowest recorded value was 3,131 international-$ in 2021 prices in 1994.
- How does Armenia rank for gdp per capita?
- Armenia ranks 83rd out of 184 countries with data for 2023.
- Is gdp per capita rising or falling in Armenia?
- Over the last ten years it is up 78.0%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.