Armenia GDP

GDP nominal (2023)
$24,085,749,592
GDP growth rate
(2023)
8.3%
(Current US Dollars). Sources include: World Bank, United Nations.
  • 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 $15,406,163,978 in 2023.
  • GDP Growth Rate in 2023 was 8.3%, representing a change of 1,180,712,475 US$ 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 2022; this represents a change of 6% in GDP per capita.

Armenia GDP (Nominal, $USD) 1993-2023

GDP Change (%)

Gross Domestic Product (GDP) of Armenia

2023 $24,085,749,592 $15,406,163,978 8.3% $5,234 2.17%2,943,393
2022 $19,513,506,553 $14,225,451,503 12.6% $4,938 0.37%2,880,874
2021 $13,878,908,629 $12,633,615,900 5.8% $4,401 −0.71%2,870,349
2020 $12,641,698,583 $11,941,035,822 −7.2% $4,131 −0.45%2,890,892
2019 $13,619,290,539 $12,867,495,498 7.6% $4,431 −0.21%2,903,972
2018 $12,457,940,695 $11,958,638,938 5.2% $4,110 −0.17%2,909,965
2017 $11,527,458,709 $11,367,527,508 7.5% $3,900 −0.13%2,914,963
2016 $10,546,136,236 $10,574,444,193 0.2% $3,623 −0.08%2,918,793
2015 $10,553,337,518 $10,553,337,518 3.2% $3,613 −0.04%2,921,177
2014 $11,609,513,247 $10,226,102,247 3.6% $3,499 0%2,922,422
2013 $11,121,464,437 $9,870,755,064 3.3% $3,377 0%2,922,518
2012 $10,619,320,683 $9,555,426,006 7.2% $3,270 −0.03%2,922,528
2011 $10,142,111,825 $8,913,643,662 4.7% $3,049 −0.27%2,923,271
2010 $9,260,285,756 $8,513,508,751 2.2% $2,905 −0.49%2,931,078
2009 $8,647,937,081 $8,330,243,396 −14.1% $2,828 −0.49%2,945,517
2008 $11,662,040,714 $9,697,605,817 6.9% $3,276 −0.5%2,959,990
2007 $9,206,301,270 $9,071,661,194 13.7% $3,049 −0.52%2,974,819
2006 $6,384,452,067 $7,978,593,838 13.2% $2,668 −0.53%2,990,377
2005 $4,900,469,511 $7,048,227,772 13.9% $2,344 −0.54%3,006,351
2004 $3,576,615,240 $6,188,084,085 10.5% $2,047 −0.54%3,022,541
2003 $2,807,061,009 $5,600,076,095 14% $1,843 −0.55%3,038,968
2002 $2,376,335,048 $4,912,347,451 13.2% $1,608 −0.93%3,055,630
2001 $2,118,467,913 $4,339,529,551 9.6% $1,407 −1.32%3,084,349
2000 $1,911,563,669 $3,959,424,773 5.9% $1,267 −1.32%3,125,628
1999 $1,845,482,173 $3,738,833,591 3.3% $1,180 −1.28%3,167,286
1998 $1,893,726,437 $3,619,393,602 7.3% $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 6.9% $932 −1.69%3,307,581
1994 $1,315,158,637 $2,884,798,024 5.4% $857 −2.57%3,364,610
1993 $1,201,312,829 $2,736,999,951 −8.8% $793 −3.32%3,453,332

Sources:

See also