Statizoid

Prosperity gap in Armenia

Armenia: Prosperity gap was 3.6 average shortfall from a prosperity standard of $28/day in 2024. ▼ Falling

Latest (2024)
3.6 average shortfall from a prosperity standard of $28/day
Change on year
down 10.0%
World rank
46th
of 121 countries
All-time high
7.3 average shortfall from a prosperity standard of $28/day
in 2001
All-time low
3.6 average shortfall from a prosperity standard of $28/day
in 2024
Years of data
26
1996–2024

Prosperity gap in Armenia, 1996–2024

024681996201020241996: 6.4 average shortfall from a prosperity standard of $28/day1999: 7.1 average shortfall from a prosperity standard of $28/day2001: 7.3 average shortfall from a prosperity standard of $28/day2002: 6.8 average shortfall from a prosperity standard of $28/day2003: 6.4 average shortfall from a prosperity standard of $28/day2004: 5.7 average shortfall from a prosperity standard of $28/day2005: 5 average shortfall from a prosperity standard of $28/day2006: 4.6 average shortfall from a prosperity standard of $28/day2007: 4.3 average shortfall from a prosperity standard of $28/day2008: 4 average shortfall from a prosperity standard of $28/day2009: 4.5 average shortfall from a prosperity standard of $28/day2010: 4.5 average shortfall from a prosperity standard of $28/day2011: 4.4 average shortfall from a prosperity standard of $28/day2012: 4.2 average shortfall from a prosperity standard of $28/day2013: 4.2 average shortfall from a prosperity standard of $28/day2014: 4.1 average shortfall from a prosperity standard of $28/day2015: 3.9 average shortfall from a prosperity standard of $28/day2016: 3.8 average shortfall from a prosperity standard of $28/day2017: 3.9 average shortfall from a prosperity standard of $28/day2018: 3.9 average shortfall from a prosperity standard of $28/day2019: 4.1 average shortfall from a prosperity standard of $28/day2020: 4 average shortfall from a prosperity standard of $28/day2021: 4 average shortfall from a prosperity standard of $28/day2022: 4 average shortfall from a prosperity standard of $28/day2023: 4 average shortfall from a prosperity standard of $28/day2024: 3.6 average shortfall from a prosperity standard of $28/day

Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.

Analysis

In 2024, prosperity gap in Armenia stood at 3.6 average shortfall from a prosperity standard of $28/day. That is the lowest value across all 26 years on record.

That represents a change of down 10.0% on the previous year and down 12.2% over ten years.

Over the whole period, prosperity gap in Armenia peaked at 7.3 average shortfall from a prosperity standard of $28/day in 2001 and was at its lowest, 3.6 average shortfall from a prosperity standard of $28/day, in 2024.

Armenia ranks 46th of 121 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.75 average shortfall from a prosperity standard of $28/day 6.4 average shortfall from a prosperity standard of $28/day 7.1 average shortfall from a prosperity standard of $28/day 2
2000s 5.4 average shortfall from a prosperity standard of $28/day 4 average shortfall from a prosperity standard of $28/day 7.3 average shortfall from a prosperity standard of $28/day 9
2010s 4.1 average shortfall from a prosperity standard of $28/day 3.8 average shortfall from a prosperity standard of $28/day 4.5 average shortfall from a prosperity standard of $28/day 10
2020s 3.92 average shortfall from a prosperity standard of $28/day 3.6 average shortfall from a prosperity standard of $28/day 4 average shortfall from a prosperity standard of $28/day 5

Countries ranked near Armenia

  1. 45 Georgia 3.8 average shortfall from a prosperity standard of $28/day compare
  2. 46 El Salvador 3.6 average shortfall from a prosperity standard of $28/day compare
  3. 46 Peru 3.6 average shortfall from a prosperity standard of $28/day compare
  4. 49 Iran 3.3 average shortfall from a prosperity standard of $28/day compare

See the full ranking of 136 places →

More poverty & inequality data for Armenia

All data for Armenia →

Frequently asked questions

What is prosperity gap in Armenia?
Prosperity gap in Armenia was 3.6 average shortfall from a prosperity standard of $28/day in 2024, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
What is the highest prosperity gap recorded in Armenia?
The highest recorded value was 7.3 average shortfall from a prosperity standard of $28/day in 2001.
What is the lowest prosperity gap recorded in Armenia?
The lowest recorded value was 3.6 average shortfall from a prosperity standard of $28/day in 2024.
How does Armenia rank for prosperity gap?
Armenia ranks 46th out of 121 countries with data for 2024.
Is prosperity gap rising or falling in Armenia?
Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Prosperity gap (average shortfall from a prosperity standard of $28/day)
Unit
average shortfall from a prosperity standard of $28/day
Source
World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,849 data points, 1963–2025
Last refreshed

The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.