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Armenia Dependency Ratio

Age dependency ratio (% of working-age population)  SP.POP.DPND

Armenia's dependency ratio was 49.29 in 2025, ranked 154th globally. This represents a 0.3% increase from 2024. Data from World Bank, covering 1960–2025.

49.29 +0.17 (+0.3%)
Year 2025 Rank #154 Global Peak 81.98 (1964) Source World Bank

Armenia Dependency Ratio (1960–2025)

Overview

Armenia's dependency ratio stood at 49.29 in 2025, a rise of +0.17 from 2024. Based on recent trends, this figure is projected to reach 49.29 by 2025. Armenia ranked 154th globally.

Armenia’s total dependency ratio has fallen sharply from a post‑war high of 81.98 in 1964 to a historic low of 42.86 in 2011, reflecting the combined impact of declining fertility, rising life expectancy and substantial out‑migration of working‑age adults. Over the 66‑year series, the ratio has continued its downward trajectory, reaching 49.29 in 2025, which places the country 154th globally and virtually level with Ukraine’s 49.33. The long‑term decline signals a shrinking share of dependents relative to the labour force, yet the modest rebound from the 2011 trough suggests that demographic ageing and the return of younger migrants are beginning to offset earlier gains. If current trends in fertility, health improvements and migration persist, the dependency ratio is likely to stabilize around the low‑50s, but any resurgence in birth rates or a slowdown in emigration could further compress the ratio in the coming decade.

Data & projection

Year Dependency Ratio YoY change Rank
2027* trend 49.71 - -
2026* trend 49.50 - -
2025* trend 49.29 - -
2025 49.29 +0.17 #154
2024 49.12 +0.41 #60
2023 48.71 −0.05 #56
2022 48.76 +0.28 #58
2021 48.48 +0.30 #57
2020 48.18 +0.36 #55
2019 47.81 +0.40 #56
2018 47.41 +0.59 #56
2017 46.82 +0.91 #55
2016 45.91 +0.91 #53
2015 45.01 +0.79 #45
2014 44.22 +0.62 #42
2013 43.60 +0.49 #40
2012 43.11 +0.25 #39
2011 42.86 −0.06 #35
Show all years (1960-2025)
* 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 dependency ratio improve within 24 months. View full analysis →

Frequently Asked Questions

What is Armenia's dependency ratio?▾

Armenia's dependency ratio was 49.29 in 2025. Ranked 154th globally. This represents a 0.3% increase from the previous year.

What was the highest dependency ratio in Armenia?▾

Armenia's dependency ratio peaked at 81.98 in 1964.

What was the lowest dependency ratio in Armenia?▾

The lowest dependency ratio in Armenia was 42.86 in 2011.

How does Armenia rank in dependency ratio?▾

Armenia ranks 154th globally in dependency ratio as of 2025.

What is the World Bank indicator code for dependency ratio?▾

The World Bank indicator code is SP.POP.DPND. Data sourced from World Bank.

What is the projected dependency ratio of Armenia in 2025?▾

Armenia's dependency ratio is projected to reach 49.29 by 2025 based on trend extrapolation.

What is the dependency ratio of Armenia in 2025?▾

The dependency ratio of Armenia in 2025 was 49.29. This ranks 154th in the world.

Cite this page

APA
Armenia Dependency Ratio. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/armenia/dependency-ratio/
BibTeX
@misc{historysaid_armenia_dependency-ratio, title = {Armenia Dependency Ratio}, url = {https://historysaid.com/armenia/dependency-ratio/}, publisher = {HistorySaid}, year = {2026} }
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