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Armenia GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Armenia's gdp per capita was $8,969 in 2025, ranked 92nd globally. This represents a 4.8% increase from 2024. Data from World Bank, covering 1990–2025.

$8,969 +$413 (+4.8%)
Year 2025 Rank #92 Global Peak $8,969 (2025) Source World Bank

Armenia GDP per Capita (1990–2025)

Overview

Armenia's gdp per capita stood at $8,969 in 2025, a rise of +$413 from 2024. The IMF projects $8,969 by 2025. Armenia ranked 92nd globally.

Armenia’s GDP per capita has risen dramatically from a low of 635.36 in 1990 to an all‑time peak of 8,968.92 in 2025, placing the country 92nd globally. The early 1990s marked the deepest slump, with the trough of 347.87 recorded in 1993 amid the post‑Soviet transition and regional instability. Over the subsequent three decades, sustained reforms, diversification of exports and modest foreign direct investment have propelled a steady climb, narrowing the gap with peers such as Jamaica (8,404.91) and the Marshall Islands (8,286.56). While the trajectory remains upward, future growth will hinge on expanding high‑value sectors, improving institutional quality and maintaining macro‑stability, factors that could accelerate Armenia’s per‑capita income beyond the current peak.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $12,576 - -
2029* IMF $11,729 - -
2028* IMF $10,952 - -
2027* IMF $10,193 - -
2026* IMF $9,393 - -
2025* IMF $8,969 - -
2025 $8,969 +$413 #92
2024 $8,556 +$584 #97
2023 $8,159 +$1,620 #100
2022 $6,572 +$1,898 #115
2021 $4,685 +$418 #130
2020 $4,269 −$330 #130
2019 $4,597 +$392 #130
2018 $4,196 +$313 #137
2017 $3,869 +$329 #139
2016 $3,524 −$2 #141
2015 $3,512 −$352 #139
2014 $3,852 +$162 #138
2013 $3,680 +$166 #140
2012 $3,512 +$158 #141
2011 $3,350 +$283 #142
Show all years (1990-2025)
* IMF World Economic Outlook projection

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 gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Armenia's gdp per capita?▾

Armenia's gdp per capita was $8,969 in 2025. Ranked 92nd globally. This represents a 4.8% increase from the previous year.

What was the highest gdp per capita in Armenia?▾

Armenia's gdp per capita peaked at $8,969 in 2025.

What was the lowest gdp per capita in Armenia?▾

The lowest gdp per capita in Armenia was $348 in 1993.

How does Armenia rank in gdp per capita?▾

Armenia ranks 92nd globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Armenia in 2025?▾

Armenia's gdp per capita is projected to reach $8,969 by 2025 based on IMF projection.

What is the gdp per capita of Armenia in 2025?▾

The gdp per capita of Armenia in 2025 was $8,969. This ranks 92nd in the world.

Cite this page

APA
Armenia GDP per Capita. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/armenia/gdp-per-capita/
BibTeX
@misc{historysaid_armenia_gdp-per-capita, title = {Armenia GDP per Capita}, url = {https://historysaid.com/armenia/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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