Armenia GDP

GDP nominal (2023)
$24,085,749,592
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

8.30%

  • Nominal (current) Gross Domestic Product (GDP) of Armenia is $24,085,749,592 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of Armenia reached $15,406,163,978 in 2023.
  • GDP Growth Rate in 2023 was 8.30%, representing a change of 1,180,712,475 US$ over 2022, when Real GDP was $14,225,451,503.
  • GDP per Capita in Armenia (with a population of 2,943,393 people) was $5,234 in 2023, an increase of $296 from $4,938 in 2021; this represents a change of 6.0% in GDP per capita.
Armenia GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of Armenia

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $24,085,749,592 $15,406,163,978 8.30% $5,234 2.17 % 2,943,393
2022 $19,513,506,553 $14,225,451,503 12.60% $4,938 0.37 % 2,880,874
2021 $13,878,908,629 $12,633,615,900 5.80% $4,401 -0.71 % 2,870,349
2020 $12,641,698,583 $11,941,035,822 -7.20% $4,131 -0.45 % 2,890,892
2019 $13,619,290,539 $12,867,495,498 7.60% $4,431 -0.21 % 2,903,972
2018 $12,457,940,695 $11,958,638,938 5.20% $4,110 -0.17 % 2,909,965
2017 $11,527,458,709 $11,367,527,508 7.50% $3,900 -0.13 % 2,914,963
2016 $10,546,136,236 $10,574,444,193 0.20% $3,623 -0.08 % 2,918,793
2015 $10,553,337,518 $10,553,337,518 3.20% $3,613 -0.04 % 2,921,177
2014 $11,609,513,247 $10,226,102,247 3.60% $3,499 0.00 % 2,922,422
2013 $11,121,464,437 $9,870,755,064 3.30% $3,377 0.00 % 2,922,518
2012 $10,619,320,683 $9,555,426,006 7.20% $3,270 -0.03 % 2,922,528
2011 $10,142,111,825 $8,913,643,662 4.70% $3,049 -0.27 % 2,923,271
2010 $9,260,285,756 $8,513,508,751 2.20% $2,905 -0.49 % 2,931,078
2009 $8,647,937,081 $8,330,243,396 -14.10% $2,828 -0.49 % 2,945,517
2008 $11,662,040,714 $9,697,605,817 6.90% $3,276 -0.50 % 2,959,990
2007 $9,206,301,270 $9,071,661,194 13.70% $3,049 -0.52 % 2,974,819
2006 $6,384,452,067 $7,978,593,838 13.20% $2,668 -0.53 % 2,990,377
2005 $4,900,469,511 $7,048,227,772 13.90% $2,344 -0.54 % 3,006,351
2004 $3,576,615,240 $6,188,084,085 10.50% $2,047 -0.54 % 3,022,541
2003 $2,807,061,009 $5,600,076,095 14.00% $1,843 -0.55 % 3,038,968
2002 $2,376,335,048 $4,912,347,451 13.20% $1,608 -0.93 % 3,055,630
2001 $2,118,467,913 $4,339,529,551 9.60% $1,407 -1.32 % 3,084,349
2000 $1,911,563,669 $3,959,424,773 5.90% $1,267 -1.32 % 3,125,628
1999 $1,845,482,173 $3,738,833,591 3.30% $1,180 -1.28 % 3,167,286
1998 $1,893,726,437 $3,619,393,602 7.30% $1,128 -1.17 % 3,208,401
1997 $1,639,492,445 $3,373,153,404 3.32% $1,039 -0.99 % 3,246,289
1996 $1,596,968,946 $3,264,729,147 5.87% $996 -0.87 % 3,278,735
1995 $1,468,317,435 $3,083,849,042 6.90% $932 -1.69 % 3,307,581
1994 $1,315,158,637 $2,884,798,024 5.40% $857 -2.57 % 3,364,610
1993 $1,201,312,829 $2,736,999,951 -8.80% $793 -3.32 % 3,453,332
Sources:

See also