Inflation, GDP deflator in Armenia

Armenia: Inflation, GDP deflator was 3.6% in 2025. ◆ Volatile

Latest (2025)
3.6%
Change on year
up 154.8%
World rank
96th
of 213 countries
All-time high
4,107.3%
in 1994
All-time low
-1.4%
in 2000
Years of data
35
1991–2025

Inflation, GDP deflator in Armenia, 1991–2025

01.0k2.0k3.0k4.0k1991200820251991: 79.4 annual %1992: 568.8 annual %1993: 1.4k annual %1994: 4.1k annual %1995: 161.2 annual %1996: 19.6 annual %1997: 17.7 annual %1998: 10.7 annual %1999: 0.054 annual %2000: -1.4 annual %2001: 4 annual %2002: 2.4 annual %2003: 4.6 annual %2004: 6.3 annual %2005: 3.2 annual %2006: 4.6 annual %2007: 4.3 annual %2008: 6 annual %2009: 2.5 annual %2010: 7.8 annual %2011: 4.3 annual %2012: 5.3 annual %2013: 3.4 annual %2014: 2.3 annual %2015: 1.2 annual %2016: 0.269 annual %2017: 2.2 annual %2018: 2.8 annual %2019: 1.1 annual %2020: 1.8 annual %2021: 6.9 annual %2022: 8 annual %2023: 3.1 annual %2024: 1.4 annual %2025: 3.6 annual %

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator in Armenia stood at 3.6%.

Compared with earlier readings it is up 154.8% on the previous year and up 194.1% over ten years.

Over the whole period, inflation, gdp deflator in Armenia peaked at 4,107.3% in 1994 and was at its lowest, -1.4%, in 2000.

That places Armenia 96th out of 213 countries with data for 2025, 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

DecadeAverage LowestHighest Years
1990s 706.2% 0.1% 4,107.3% 9
2000s 3.6% -1.4% 6.3% 10
2010s 3.1% 0.3% 7.8% 10
2020s 4.1% 1.4% 8.0% 6

Countries ranked near Armenia

  1. 93 Botswana 3.6% compare
  2. 94 Latvia 3.6% compare
  3. 95 New Zealand 3.6% compare
  4. 97 Czechia 3.5% compare
  5. 98 Kenya 3.5% compare
  6. 99 Senegal 3.5% compare

See the full ranking of 260 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is inflation, gdp deflator in Armenia?
Inflation, gdp deflator in Armenia was 3.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Armenia?
The highest recorded value was 4,107.3% in 1994.
What is the lowest inflation, gdp deflator recorded in Armenia?
The lowest recorded value was -1.4% in 2000.
How does Armenia rank for inflation, gdp deflator?
Armenia ranks 96th out of 213 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Armenia?
Over the last ten years it is up 194.1%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.