Armenia GDP
Gross Domestic Product in current US dollars NY.GDP.MKTP.CD
Armenia's gdp was $27.9B in 2025, ranked 112th globally. This represents a 7.3% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Armenia's gdp stood at $27.9B in 2025, a rise of +$1.9B from 2024. The IMF projects $27.9B by 2025. Armenia ranked 112th globally.
Armenia’s gross domestic product has expanded from a low of 1,201,312,829.28 in 1993, the all‑time trough, to a peak of 27,859,000,000.00 in 2025, placing the country 112th globally among 36 years of World Bank coverage. The early 1990s recession, reflected in the 1993 trough, gave way to sustained growth after market reforms and increased remittances, driving the economy to more than a twelve‑fold increase by 2025. This level is comparable to Malta’s 27,745,000,000.00 and slightly below Albania’s 29,939,000,000.00, indicating that Armenia now operates on a similar scale to small open economies in Europe and Africa. The upward trajectory has been reinforced by diversification into services and modest industrial expansion, while external shocks such as regional conflicts remain a risk. Continued investment in technology and integration with regional supply chains will be crucial to preserve the positive growth trend and potentially lift Armenia’s GDP further in the coming decade.
Data & projection
| Year | GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | $38.4B | - | - |
| 2029* IMF | $35.9B | - | - |
| 2028* IMF | $33.7B | - | - |
| 2027* IMF | $31.5B | - | - |
| 2026* IMF | $29.1B | - | - |
| 2025* IMF | $27.9B | - | - |
| 2025 | $27.9B | +$1.9B | #112 |
| 2024 | $26.0B | +$1.8B | #88 |
| 2023 | $24.2B | +$4.7B | #91 |
| 2022 | $19.5B | +$5.6B | #90 |
| 2021 | $13.9B | +$1.2B | #74 |
| 2020 | $12.6B | −$977.3M | #77 |
| 2019 | $13.6B | +$1.2B | #79 |
| 2018 | $12.5B | +$930.9M | #71 |
| 2017 | $11.5B | +$981.5M | #74 |
| 2016 | $10.5B | −$6.9M | #72 |
| 2015 | $10.6B | −$1.1B | #72 |
| 2014 | $11.6B | +$488.5M | #74 |
| 2013 | $11.1B | +$502.5M | #75 |
| 2012 | $10.6B | +$477.3M | #75 |
| 2011 | $10.1B | +$882.1M | #74 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's gdp was $27.9B in 2025. Ranked 112th globally. This represents a 7.3% increase from the previous year.
Armenia's gdp peaked at $27.9B in 2025.
The lowest gdp in Armenia was $1.2B in 1993.
Armenia ranks 112th globally in gdp as of 2025.
The World Bank indicator code is NY.GDP.MKTP.CD. Data sourced from World Bank.
Armenia's gdp is projected to reach $27.9B by 2025 based on IMF projection.
Armenia's gdp was approximately 27.86 billion ($27.9B) in 2025.
The gdp of Armenia in 2025 was $27.9B. This ranks 112th in the world.
Cite this page
@misc{historysaid_armenia_gdp,
title = {Armenia GDP},
url = {https://historysaid.com/armenia/gdp/},
publisher = {HistorySaid},
year = {2026}
}