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Armenia Consumer Price Index

Consumer price index (2010 = 100)  FP.CPI.TOTL

Armenia's consumer price index was 166.31 in 2025, ranked 89th globally. This represents a 6.8% increase from 2024. Data from World Bank, covering 1993–2025.

166.31 +10.63 (+6.8%)
Year 2025 Rank #89 Global Peak 166.31 (2025) Source World Bank

Armenia Consumer Price Index (1993–2025)

Overview

Armenia's consumer price index stood at 166.31 in 2025, a rise of +10.63 from 2024. Based on recent trends, this figure is projected to reach 166.31 by 2025. Armenia ranked 89th globally.

Armenia's Consumer Price Index (CPI) has demonstrated a significant increase over the past three decades, with the latest value standing at 166.31 in 2025. This marks the country's all-time peak and represents a substantial rise from the 1993 trough of 0.46. In comparison, Bolivia's CPI stood at 166.77 in 2025, a mere 0.46 percentage points higher than Armenia's. The sustained inflationary trend in Armenia is a notable development, particularly when considering the country's economic transition from a planned to a market-based economy. The acceleration of the CPI in recent years may be linked to factors such as economic growth, monetary policy, and external factors like global commodity prices. A potential shift in the trajectory of Armenia's CPI could be triggered by a significant change in monetary policy, a decline in global commodity prices, or a slowdown in economic growth.

Data & projection

Year Consumer Price Index YoY change Rank
2027* trend 179.31 - -
2026* trend 172.81 - -
2025* trend 166.31 - -
2025 166.31 +10.63 #89
2024 155.68 +0.42 #85
2023 155.26 +3.02 #93
2022 152.24 +12.11 #104
2021 140.13 +9.39 #103
2020 130.74 +1.56 #95
2019 129.18 +1.84 #97
2018 127.34 +3.13 #100
2017 124.21 +1.19 #102
2016 123.01 −1.75 #112
2015 124.77 +4.49 #119
2014 120.28 +3.48 #119
2013 116.80 +6.39 #124
2012 110.40 +2.75 #119
2011 107.65 +7.65 #143
Show all years (1993-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +27.3% GDP growth 12.6% C/A balance 0.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw consumer price index improve within 24 months. View full analysis →

Frequently Asked Questions

What is Armenia's consumer price index?▾

Armenia's consumer price index was 166.31 in 2025. Ranked 89th globally. This represents a 6.8% increase from the previous year.

What was the highest consumer price index in Armenia?▾

Armenia's consumer price index peaked at 166.31 in 2025.

What was the lowest consumer price index in Armenia?▾

The lowest consumer price index in Armenia was 0.46 in 1993.

How does Armenia rank in consumer price index?▾

Armenia ranks 89th globally in consumer price index as of 2025.

What is the World Bank indicator code for consumer price index?▾

The World Bank indicator code is FP.CPI.TOTL. Data sourced from World Bank.

What is the projected consumer price index of Armenia in 2025?▾

Armenia's consumer price index is projected to reach 166.31 by 2025 based on trend extrapolation.

What is the consumer price index of Armenia in 2025?▾

The consumer price index of Armenia in 2025 was 166.31. This ranks 89th in the world.

Cite this page

APA
Armenia Consumer Price Index. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/armenia/consumer-price-index/
BibTeX
@misc{historysaid_armenia_consumer-price-index, title = {Armenia Consumer Price Index}, url = {https://historysaid.com/armenia/consumer-price-index/}, publisher = {HistorySaid}, year = {2026} }
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