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Armenia

Economy overviewEurope

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GDP7.2%
Inflation3.3%
Unemploy.12.9%
Debt49%
Invest.24.2%
Fiscal-3.7% GDP
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GDP Growth
7.2%
2025 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$9k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$23k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
8%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$29.2bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2025
7.2%
2024
5.9%
2023
8.3%
2022
12.6%
2021
5.8%
2020
-7.2%
2019
7.6%
2018
5.2%
2017
7.5%
2016
0.2%
2015
3.2%
2014
3.6%

Compare with peers

🇩🇪
Germany
GDP: 0.2%
🇬🇧
United Kingdom
GDP: 1.4%
🇫🇷
France
GDP: 0.8%
🇮🇹
Italy
GDP: 0.5%
🇪🇸
Spain
GDP: 2.8%
🇹🇷
Türkiye
GDP: 3.6%