01 · Economic overview

What should a reader know first?

Latest values orient the reader; the three-era analysis below shows how the economic record developed.

Nominal GDP$25.96B2024 · Latest current-price total · World rank 115 of 210

Real GDP growth5.9%2024 · Latest constant-price annual change · Constant-price annual change

GDP per capita$8,7282024 · Current U.S. dollars; not PPP adjusted · Current U.S. dollars; not PPP adjusted

Share of world GDP0.0%2024 · Share of the official world total · Official world aggregate denominator

Largest broad activity39.7%2024 · Largest broad production activity · Other activities

Manufacturing11.0%2024 · Share of total gross value added · World gap −4.7 pp

Economic overview annual rank and index table35 annual rows

Annual core economic measures, world ranks and comparable world indices. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Economic overview annual rank and index table

Armenia	1990	$2.30B	Not published	Not published	0.0 (world = 100)	Not published	Not published	Not published	Not published	$648	Not published	Not published	14.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1991	$2.10B	Not published	Not published	0.0 (world = 100)	-11.7%	Not published	Not published	-12.9 pp vs world	$582	Not published	Not published	13.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1992	$1.25B	Not published	Not published	0.0 (world = 100)	-41.8%	Not published	Not published	-43.8 pp vs world	$351	Not published	Not published	7.4 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1993	$1.17B	Not published	Not published	0.0 (world = 100)	-8.8%	Not published	Not published	-10.5 pp vs world	$338	Not published	Not published	7.1 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1994	$1.26B	Not published	Not published	0.0 (world = 100)	5.3%	Not published	Not published	+2.0 pp vs world	$374	Not published	Not published	7.5 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1995	$1.37B	Not published	Not published	0.0 (world = 100)	6.9%	Not published	Not published	+3.8 pp vs world	$415	Not published	Not published	7.6 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1996	$1.70B	Not published	Not published	0.0 (world = 100)	5.9%	Not published	Not published	+2.3 pp vs world	$519	Not published	Not published	9.5 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1997	$1.75B	Not published	Not published	0.0 (world = 100)	3.3%	Not published	Not published	-0.6 pp vs world	$538	Not published	Not published	10.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1998	$2.02B	Not published	Not published	0.0 (world = 100)	7.3%	Not published	Not published	+4.5 pp vs world	$629	Not published	Not published	11.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1999	$1.97B	Not published	Not published	0.0 (world = 100)	3.3%	Not published	Not published	-0.3 pp vs world	$621	Not published	Not published	11.5 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2000	$2.04B	Not published	Not published	0.0 (world = 100)	5.9%	Not published	Not published	+1.4 pp vs world	$652	Not published	Not published	11.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2001	$2.26B	Not published	Not published	0.0 (world = 100)	9.6%	Not published	Not published	+7.5 pp vs world	$732	Not published	Not published	13.6 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2002	$2.53B	Not published	Not published	0.0 (world = 100)	15.1%	Not published	Not published	+12.8 pp vs world	$829	Not published	Not published	15.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2003	$2.99B	Not published	Not published	0.0 (world = 100)	14.0%	Not published	Not published	+11.0 pp vs world	$985	Not published	Not published	16.1 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2004	$3.81B	Not published	Not published	0.0 (world = 100)	10.5%	Not published	Not published	+6.1 pp vs world	$1,262	Not published	Not published	18.5 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2005	$5.23B	Not published	Not published	0.0 (world = 100)	13.9%	Not published	Not published	+9.9 pp vs world	$1,738	Not published	Not published	23.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2006	$6.81B	Not published	Not published	0.0 (world = 100)	13.2%	Not published	Not published	+8.8 pp vs world	$2,277	Not published	Not published	29.2 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2007	$9.82B	Not published	Not published	0.0 (world = 100)	13.7%	Not published	Not published	+9.4 pp vs world	$3,300	Not published	Not published	38.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2008	$12.44B	Not published	Not published	0.0 (world = 100)	6.9%	Not published	Not published	+4.9 pp vs world	$4,202	Not published	Not published	44.6 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2009	$9.22B	Not published	Not published	0.0 (world = 100)	-14.1%	Not published	Not published	-12.7 pp vs world	$3,131	Not published	Not published	35.5 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2010	$9.88B	Not published	Not published	0.0 (world = 100)	2.2%	Not published	Not published	-2.2 pp vs world	$3,369	Not published	Not published	35.3 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2011	$10.82B	Not published	Not published	0.0 (world = 100)	4.7%	Not published	Not published	+1.4 pp vs world	$3,700	Not published	Not published	35.3 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2012	$10.62B	Not published	Not published	0.0 (world = 100)	7.2%	Not published	Not published	+4.4 pp vs world	$3,634	Not published	Not published	34.4 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2013	$11.12B	Not published	Not published	0.0 (world = 100)	3.3%	Not published	Not published	+0.4 pp vs world	$3,805	Not published	Not published	35.4 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2014	$11.61B	Not published	Not published	0.0 (world = 100)	3.6%	Not published	Not published	+0.6 pp vs world	$3,973	Not published	Not published	36.4 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2015	$10.55B	Not published	Not published	0.0 (world = 100)	3.2%	Not published	Not published	+0.1 pp vs world	$3,613	Not published	Not published	35.5 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2016	$10.55B	Not published	Not published	0.0 (world = 100)	0.2%	Not published	Not published	-2.6 pp vs world	$3,613	Not published	Not published	35.3 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2017	$11.53B	Not published	Not published	0.0 (world = 100)	7.5%	Not published	Not published	+4.1 pp vs world	$3,955	Not published	Not published	36.7 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2018	$12.46B	Not published	Not published	0.0 (world = 100)	5.2%	Not published	Not published	+1.9 pp vs world	$4,281	Not published	Not published	37.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2019	$13.62B	Not published	Not published	0.0 (world = 100)	7.6%	Not published	Not published	+5.0 pp vs world	$4,690	Not published	Not published	41.3 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2020	$12.64B	Not published	Not published	0.0 (world = 100)	-7.2%	Not published	Not published	-4.2 pp vs world	$4,373	Not published	Not published	39.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2021	$13.88B	Not published	Not published	0.0 (world = 100)	5.8%	Not published	Not published	-0.6 pp vs world	$4,835	Not published	Not published	38.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2022	$19.51B	Not published	Not published	0.0 (world = 100)	12.6%	Not published	Not published	+9.3 pp vs world	$6,774	Not published	Not published	52.9 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2023	$24.19B	Not published	Not published	0.0 (world = 100)	8.3%	Not published	Not published	+5.4 pp vs world	$8,217	Not published	Not published	62.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2024	$25.96B	Not published	Not published	0.0 (world = 100)	5.9%	Not published	Not published	+3.0 pp vs world	$8,728	Not published	Not published	63.8 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

The long view

Real output, indexed to a shared starting year

Indexing allows the country and benchmark trajectories to be compared without confusing their very different economic sizes.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

ArmeniaAsiaWestern AsiaWorldConstant prices · U.S. dollars · index, shared start = 100

02 · Economic size and world position

How large is the economy, and where does it sit globally?

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Full historical record

Nominal GDP

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Armenia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

ArmeniaWestern AsiaAsiaWorldCurrent prices · U.S. dollars

Formation1970–1990

$2.30B → $2.30B

Compound annual change: 0.0% CAGR

Integration1990–2010

$2.30B → $9.88B

Compound annual change: +7.6% CAGR

Current era2010–2024

$9.88B → $25.96B

Compound annual change: +7.1% CAGR

Nominal GDP$25.96B2024 · Published series · World rank 115 of 210 · highest-to-lowest

Real GDP$17.27B2024 · Published series · World rank unavailable

Share of world GDP0.0%2024 · Derived measure · World rank unavailable

Economic size and world position: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the economic size and world position section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Economic size and world position: annual rates, ranks and comparison indices

Armenia	1990	$2.30B	Not published	Not published	0.0 (world = 100)	$6.08B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1991	$2.10B	Not published	Not published	0.0 (world = 100)	$5.37B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1992	$1.25B	Not published	Not published	0.0 (world = 100)	$3.13B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1993	$1.17B	Not published	Not published	0.0 (world = 100)	$2.85B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1994	$1.26B	Not published	Not published	0.0 (world = 100)	$3.00B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1995	$1.37B	Not published	Not published	0.0 (world = 100)	$3.21B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1996	$1.70B	Not published	Not published	0.0 (world = 100)	$3.40B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1997	$1.75B	Not published	Not published	0.0 (world = 100)	$3.51B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1998	$2.02B	Not published	Not published	0.0 (world = 100)	$3.77B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1999	$1.97B	Not published	Not published	0.0 (world = 100)	$3.89B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2000	$2.04B	Not published	Not published	0.0 (world = 100)	$4.12B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2001	$2.26B	Not published	Not published	0.0 (world = 100)	$4.52B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2002	$2.53B	Not published	Not published	0.0 (world = 100)	$5.20B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2003	$2.99B	Not published	Not published	0.0 (world = 100)	$5.93B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2004	$3.81B	Not published	Not published	0.0 (world = 100)	$6.55B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2005	$5.23B	Not published	Not published	0.0 (world = 100)	$7.46B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2006	$6.81B	Not published	Not published	0.0 (world = 100)	$8.44B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2007	$9.82B	Not published	Not published	0.0 (world = 100)	$9.60B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2008	$12.44B	Not published	Not published	0.0 (world = 100)	$10.27B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2009	$9.22B	Not published	Not published	0.0 (world = 100)	$8.82B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2010	$9.88B	Not published	Not published	0.0 (world = 100)	$9.01B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2011	$10.82B	Not published	Not published	0.0 (world = 100)	$9.43B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2012	$10.62B	Not published	Not published	0.0 (world = 100)	$10.11B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2013	$11.12B	Not published	Not published	0.0 (world = 100)	$10.43B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2014	$11.61B	Not published	Not published	0.0 (world = 100)	$10.81B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2015	$10.55B	Not published	Not published	0.0 (world = 100)	$11.16B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2016	$10.55B	Not published	Not published	0.0 (world = 100)	$11.18B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2017	$11.53B	Not published	Not published	0.0 (world = 100)	$12.03B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2018	$12.46B	Not published	Not published	0.0 (world = 100)	$12.65B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2019	$13.62B	Not published	Not published	0.0 (world = 100)	$13.62B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2020	$12.64B	Not published	Not published	0.0 (world = 100)	$12.64B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2021	$13.88B	Not published	Not published	0.0 (world = 100)	$13.37B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2022	$19.51B	Not published	Not published	0.0 (world = 100)	$15.06B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2023	$24.19B	Not published	Not published	0.0 (world = 100)	$16.31B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2024	$25.96B	Not published	Not published	0.0 (world = 100)	$17.27B	Not published	Not published	0.0 (world = 100)	0.0%	Not published	Not published	-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Current U.S.-dollar GDP reflects domestic prices and exchange rates as well as production. It is not PPP adjusted.

Latest common comparison

Asia$40.60T2024

Western Asia$4.80T2024

World$111.57T2024

03 · Output and income per person

What does the record show per person?

Current and constant-price per-person measures separate present-dollar scale from real change.

Full historical record

GDP per person

Current and constant-price per-person measures separate present-dollar scale from real change.

Armenia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

ArmeniaWestern AsiaAsiaWorldCurrent prices · U.S. dollars per person

Formation1970–1990

$648 → $648

Compound annual change: 0.0% CAGR

Integration1990–2010

$648 → $3,369

Compound annual change: +8.6% CAGR

Current era2010–2024

$3,369 → $8,728

Compound annual change: +7.0% CAGR

GDP per person$8,7282024 · Published series · World rank 103 of 210 · highest-to-lowest

Real GDP per person$5,8072024 · Published series · World rank unavailable

Output and income per person: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the output and income per person section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Output and income per person: annual rates, ranks and comparison indices

Armenia	1990	$648	Not published	Not published	14.9 (world = 100)	$1,712	Not published	Not published	23.9 (world = 100)
Armenia	1991	$582	Not published	Not published	13.0 (world = 100)	$1,486	Not published	Not published	20.9 (world = 100)
Armenia	1992	$351	Not published	Not published	7.4 (world = 100)	$876	Not published	Not published	12.2 (world = 100)
Armenia	1993	$338	Not published	Not published	7.1 (world = 100)	$826	Not published	Not published	11.5 (world = 100)
Armenia	1994	$374	Not published	Not published	7.5 (world = 100)	$893	Not published	Not published	12.2 (world = 100)
Armenia	1995	$415	Not published	Not published	7.6 (world = 100)	$971	Not published	Not published	13.1 (world = 100)
Armenia	1996	$519	Not published	Not published	9.5 (world = 100)	$1,037	Not published	Not published	13.7 (world = 100)
Armenia	1997	$538	Not published	Not published	10.0 (world = 100)	$1,082	Not published	Not published	14.0 (world = 100)
Armenia	1998	$629	Not published	Not published	11.9 (world = 100)	$1,176	Not published	Not published	15.0 (world = 100)
Armenia	1999	$621	Not published	Not published	11.5 (world = 100)	$1,230	Not published	Not published	15.3 (world = 100)
Armenia	2000	$652	Not published	Not published	11.9 (world = 100)	$1,319	Not published	Not published	15.9 (world = 100)
Armenia	2001	$732	Not published	Not published	13.6 (world = 100)	$1,465	Not published	Not published	17.6 (world = 100)
Armenia	2002	$829	Not published	Not published	15.0 (world = 100)	$1,701	Not published	Not published	20.2 (world = 100)
Armenia	2003	$985	Not published	Not published	16.1 (world = 100)	$1,951	Not published	Not published	22.8 (world = 100)
Armenia	2004	$1,262	Not published	Not published	18.5 (world = 100)	$2,167	Not published	Not published	24.6 (world = 100)
Armenia	2005	$1,738	Not published	Not published	23.9 (world = 100)	$2,480	Not published	Not published	27.4 (world = 100)
Armenia	2006	$2,277	Not published	Not published	29.2 (world = 100)	$2,823	Not published	Not published	30.3 (world = 100)
Armenia	2007	$3,300	Not published	Not published	38.0 (world = 100)	$3,227	Not published	Not published	33.6 (world = 100)
Armenia	2008	$4,202	Not published	Not published	44.6 (world = 100)	$3,469	Not published	Not published	35.8 (world = 100)
Armenia	2009	$3,131	Not published	Not published	35.5 (world = 100)	$2,993	Not published	Not published	31.8 (world = 100)
Armenia	2010	$3,369	Not published	Not published	35.3 (world = 100)	$3,074	Not published	Not published	31.6 (world = 100)
Armenia	2011	$3,700	Not published	Not published	35.3 (world = 100)	$3,226	Not published	Not published	32.6 (world = 100)
Armenia	2012	$3,634	Not published	Not published	34.4 (world = 100)	$3,458	Not published	Not published	34.4 (world = 100)
Armenia	2013	$3,805	Not published	Not published	35.4 (world = 100)	$3,570	Not published	Not published	35.0 (world = 100)
Armenia	2014	$3,973	Not published	Not published	36.4 (world = 100)	$3,700	Not published	Not published	35.6 (world = 100)
Armenia	2015	$3,613	Not published	Not published	35.5 (world = 100)	$3,822	Not published	Not published	36.1 (world = 100)
Armenia	2016	$3,613	Not published	Not published	35.3 (world = 100)	$3,832	Not published	Not published	35.6 (world = 100)
Armenia	2017	$3,955	Not published	Not published	36.7 (world = 100)	$4,125	Not published	Not published	37.5 (world = 100)
Armenia	2018	$4,281	Not published	Not published	37.9 (world = 100)	$4,348	Not published	Not published	38.7 (world = 100)
Armenia	2019	$4,690	Not published	Not published	41.3 (world = 100)	$4,689	Not published	Not published	41.1 (world = 100)
Armenia	2020	$4,373	Not published	Not published	39.9 (world = 100)	$4,373	Not published	Not published	39.9 (world = 100)
Armenia	2021	$4,835	Not published	Not published	38.9 (world = 100)	$4,660	Not published	Not published	40.3 (world = 100)
Armenia	2022	$6,774	Not published	Not published	52.9 (world = 100)	$5,227	Not published	Not published	44.1 (world = 100)
Armenia	2023	$8,217	Not published	Not published	62.0 (world = 100)	$5,542	Not published	Not published	45.8 (world = 100)
Armenia	2024	$8,728	Not published	Not published	63.8 (world = 100)	$5,807	Not published	Not published	47.1 (world = 100)

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

GDP per person is an accounting average, not a measure of household income distribution or living costs.

Latest common comparison

Asia$8,4482024

Western Asia$15,5262024

World$13,6732024

04 · Real growth and output prices

How quickly has real activity changed, and how have output prices moved?

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Full historical record

Real GDP growth

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Armenia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

ArmeniaWestern AsiaAsiaWorldConstant prices · percent

Formation1970–1990

Unavailable

Change: Unavailable

Integration1990–2010

-11.7% → 2.2%

Average annual rate: +3.0%

Current era2010–2024

2.2% → 5.9%

Average annual rate: +4.7%

Real GDP growth5.9%2024 · Published series · World rank 29 of 210 · highest-to-lowest

Real GDP-per-person growth4.8%2024 · Published series · World rank 33 of 210 · highest-to-lowest

Implicit GDP deflator120.72024 · Published series · World rank unavailable

Real growth and output prices: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the real growth and output prices section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Real growth and output prices: annual rates, ranks and comparison indices

Armenia	1990	Not published	Not published	Not published	Not published	Not published	Not published	Not published	Not published	0.0	Not published	Not published
Armenia	1991	-11.7%	Not published	Not published	-12.9 pp vs world	-13.2%	Not published	Not published	-12.7 pp vs world	0.0	Not published	Not published
Armenia	1992	-41.8%	Not published	Not published	-43.8 pp vs world	-41.1%	Not published	Not published	-41.5 pp vs world	0.0	Not published	Not published
Armenia	1993	-8.8%	Not published	Not published	-10.5 pp vs world	-5.7%	Not published	Not published	-5.9 pp vs world	0.3	Not published	Not published
Armenia	1994	5.3%	Not published	Not published	+2.0 pp vs world	8.1%	Not published	Not published	+6.3 pp vs world	13.6	Not published	Not published
Armenia	1995	6.9%	Not published	Not published	+3.8 pp vs world	8.7%	Not published	Not published	+7.1 pp vs world	35.5	Not published	Not published
Armenia	1996	5.9%	Not published	Not published	+2.3 pp vs world	6.8%	Not published	Not published	+4.8 pp vs world	42.4	Not published	Not published
Armenia	1997	3.3%	Not published	Not published	-0.6 pp vs world	4.4%	Not published	Not published	+1.9 pp vs world	49.9	Not published	Not published
Armenia	1998	7.3%	Not published	Not published	+4.5 pp vs world	8.6%	Not published	Not published	+7.2 pp vs world	55.2	Not published	Not published
Armenia	1999	3.3%	Not published	Not published	-0.3 pp vs world	4.6%	Not published	Not published	+2.4 pp vs world	55.3	Not published	Not published
Armenia	2000	5.9%	Not published	Not published	+1.4 pp vs world	7.3%	Not published	Not published	+4.2 pp vs world	54.5	Not published	Not published
Armenia	2001	9.6%	Not published	Not published	+7.5 pp vs world	11.0%	Not published	Not published	+10.3 pp vs world	56.8	Not published	Not published
Armenia	2002	15.1%	Not published	Not published	+12.8 pp vs world	16.1%	Not published	Not published	+15.3 pp vs world	57.2	Not published	Not published
Armenia	2003	14.0%	Not published	Not published	+11.0 pp vs world	14.7%	Not published	Not published	+13.0 pp vs world	59.8	Not published	Not published
Armenia	2004	10.5%	Not published	Not published	+6.1 pp vs world	11.1%	Not published	Not published	+8.0 pp vs world	63.5	Not published	Not published
Armenia	2005	13.9%	Not published	Not published	+9.9 pp vs world	14.5%	Not published	Not published	+11.8 pp vs world	65.6	Not published	Not published
Armenia	2006	13.2%	Not published	Not published	+8.8 pp vs world	13.8%	Not published	Not published	+10.7 pp vs world	68.6	Not published	Not published
Armenia	2007	13.7%	Not published	Not published	+9.4 pp vs world	14.3%	Not published	Not published	+11.3 pp vs world	71.5	Not published	Not published
Armenia	2008	6.9%	Not published	Not published	+4.9 pp vs world	7.5%	Not published	Not published	+6.8 pp vs world	75.8	Not published	Not published
Armenia	2009	-14.1%	Not published	Not published	-12.7 pp vs world	-13.7%	Not published	Not published	-11.1 pp vs world	77.7	Not published	Not published
Armenia	2010	2.2%	Not published	Not published	-2.2 pp vs world	2.7%	Not published	Not published	-0.4 pp vs world	83.7	Not published	Not published
Armenia	2011	4.7%	Not published	Not published	+1.4 pp vs world	4.9%	Not published	Not published	+2.9 pp vs world	87.4	Not published	Not published
Armenia	2012	7.2%	Not published	Not published	+4.4 pp vs world	7.2%	Not published	Not published	+5.7 pp vs world	86.3	Not published	Not published
Armenia	2013	3.3%	Not published	Not published	+0.4 pp vs world	3.3%	Not published	Not published	+1.7 pp vs world	89.3	Not published	Not published
Armenia	2014	3.6%	Not published	Not published	+0.6 pp vs world	3.6%	Not published	Not published	+1.8 pp vs world	91.3	Not published	Not published
Armenia	2015	3.2%	Not published	Not published	+0.1 pp vs world	3.3%	Not published	Not published	+1.4 pp vs world	92.4	Not published	Not published
Armenia	2016	0.2%	Not published	Not published	-2.6 pp vs world	0.3%	Not published	Not published	-1.3 pp vs world	92.7	Not published	Not published
Armenia	2017	7.5%	Not published	Not published	+4.1 pp vs world	7.7%	Not published	Not published	+5.4 pp vs world	94.6	Not published	Not published
Armenia	2018	5.2%	Not published	Not published	+1.9 pp vs world	5.4%	Not published	Not published	+3.3 pp vs world	97.3	Not published	Not published
Armenia	2019	7.6%	Not published	Not published	+5.0 pp vs world	7.9%	Not published	Not published	+6.3 pp vs world	98.3	Not published	Not published
Armenia	2020	-7.2%	Not published	Not published	-4.2 pp vs world	-6.7%	Not published	Not published	-2.9 pp vs world	100.0	Not published	Not published
Armenia	2021	5.8%	Not published	Not published	-0.6 pp vs world	6.6%	Not published	Not published	+1.0 pp vs world	106.9	Not published	Not published
Armenia	2022	12.6%	Not published	Not published	+9.3 pp vs world	12.2%	Not published	Not published	+9.7 pp vs world	115.5	Not published	Not published
Armenia	2023	8.3%	Not published	Not published	+5.4 pp vs world	6.0%	Not published	Not published	+4.0 pp vs world	119.0	Not published	Not published
Armenia	2024	5.9%	Not published	Not published	+3.0 pp vs world	4.8%	Not published	Not published	+2.8 pp vs world	120.7	Not published	Not published

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

The implicit GDP deflator covers domestically produced output and is not a consumer price index. Annual growth can be volatile.

Latest common comparison

Asia3.9%2024

Western Asia2.1%2024

World2.8%2024

05 · Consumption and domestic demand

How is output used for consumption and domestic demand?

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Full historical record

Final Consumption

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Armenia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

ArmeniaWestern AsiaAsiaWorldCurrent prices · national currency · percent

Formation1970–1990

66.9% → 66.9%

Percentage-point change: 0.0 pp

Integration1990–2010

66.9% → 92.0%

Percentage-point change: +25.1 pp

Current era2010–2024

92.0% → 77.6%

Percentage-point change: -14.4 pp

Final consumption77.6%2024 · Published series · World rank unavailable

Household consumption66.9%2024 · Published series · World rank unavailable

Government consumption10.7%2024 · Published series · World rank unavailable

Domestic demand101.4%2024 · Derived measure · World rank unavailable

Consumption and domestic demand: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the consumption and domestic demand section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Consumption and domestic demand: annual rates, ranks and comparison indices

Armenia	1990	66.9%	Not published	Not published	-7.9 pp vs world	50.1%	Not published	Not published	-8.0 pp vs world	16.8%	Not published	Not published	+0.2 pp vs world	114.1%	Not published	Not published	+13.5 pp vs world
Armenia	1991	75.9%	Not published	Not published	+0.8 pp vs world	57.5%	Not published	Not published	-0.6 pp vs world	18.3%	Not published	Not published	+1.5 pp vs world	115.5%	Not published	Not published	+15.2 pp vs world
Armenia	1992	112.1%	Not published	Not published	+36.9 pp vs world	94.4%	Not published	Not published	+36.1 pp vs world	17.7%	Not published	Not published	+0.9 pp vs world	113.8%	Not published	Not published	+13.8 pp vs world
Armenia	1993	110.6%	Not published	Not published	+35.0 pp vs world	92.9%	Not published	Not published	+34.1 pp vs world	17.7%	Not published	Not published	+1.0 pp vs world	120.3%	Not published	Not published	+20.6 pp vs world
Armenia	1994	102.9%	Not published	Not published	+27.4 pp vs world	93.2%	Not published	Not published	+34.3 pp vs world	9.7%	Not published	Not published	-6.9 pp vs world	126.2%	Not published	Not published	+26.3 pp vs world
Armenia	1995	114.3%	Not published	Not published	+39.4 pp vs world	104.8%	Not published	Not published	+46.3 pp vs world	9.6%	Not published	Not published	-6.8 pp vs world	132.7%	Not published	Not published	+33.2 pp vs world
Armenia	1996	108.6%	Not published	Not published	+33.6 pp vs world	99.0%	Not published	Not published	+40.2 pp vs world	9.6%	Not published	Not published	-6.6 pp vs world	128.6%	Not published	Not published	+29.1 pp vs world
Armenia	1997	111.6%	Not published	Not published	+36.6 pp vs world	102.0%	Not published	Not published	+43.0 pp vs world	9.6%	Not published	Not published	-6.4 pp vs world	130.6%	Not published	Not published	+31.2 pp vs world
Armenia	1998	108.1%	Not published	Not published	+32.5 pp vs world	98.7%	Not published	Not published	+39.1 pp vs world	9.5%	Not published	Not published	-6.6 pp vs world	127.2%	Not published	Not published	+27.6 pp vs world
Armenia	1999	105.2%	Not published	Not published	+29.4 pp vs world	95.0%	Not published	Not published	+35.2 pp vs world	10.2%	Not published	Not published	-5.9 pp vs world	123.5%	Not published	Not published	+23.7 pp vs world
Armenia	2000	105.8%	Not published	Not published	+30.3 pp vs world	95.7%	Not published	Not published	+36.1 pp vs world	10.1%	Not published	Not published	-5.8 pp vs world	124.4%	Not published	Not published	+24.6 pp vs world
Armenia	2001	101.9%	Not published	Not published	+25.4 pp vs world	92.2%	Not published	Not published	+32.1 pp vs world	9.7%	Not published	Not published	-6.6 pp vs world	121.6%	Not published	Not published	+21.6 pp vs world
Armenia	2002	96.4%	Not published	Not published	+19.5 pp vs world	87.8%	Not published	Not published	+27.6 pp vs world	8.6%	Not published	Not published	-8.1 pp vs world	117.9%	Not published	Not published	+18.1 pp vs world
Armenia	2003	90.8%	Not published	Not published	+14.1 pp vs world	82.1%	Not published	Not published	+22.3 pp vs world	8.7%	Not published	Not published	-8.1 pp vs world	115.0%	Not published	Not published	+15.1 pp vs world
Armenia	2004	90.0%	Not published	Not published	+14.1 pp vs world	81.3%	Not published	Not published	+22.2 pp vs world	8.7%	Not published	Not published	-8.0 pp vs world	114.8%	Not published	Not published	+15.0 pp vs world
Armenia	2005	83.5%	Not published	Not published	+8.1 pp vs world	74.4%	Not published	Not published	+15.7 pp vs world	9.0%	Not published	Not published	-7.6 pp vs world	113.8%	Not published	Not published	+14.2 pp vs world
Armenia	2006	79.9%	Not published	Not published	+5.4 pp vs world	71.2%	Not published	Not published	+13.2 pp vs world	8.6%	Not published	Not published	-7.8 pp vs world	115.7%	Not published	Not published	+16.3 pp vs world
Armenia	2007	79.3%	Not published	Not published	+5.4 pp vs world	70.6%	Not published	Not published	+13.1 pp vs world	8.7%	Not published	Not published	-7.7 pp vs world	117.0%	Not published	Not published	+17.7 pp vs world
Armenia	2008	79.3%	Not published	Not published	+5.4 pp vs world	70.5%	Not published	Not published	+13.4 pp vs world	8.8%	Not published	Not published	-8.1 pp vs world	120.1%	Not published	Not published	+20.7 pp vs world
Armenia	2009	90.6%	Not published	Not published	+14.6 pp vs world	79.2%	Not published	Not published	+21.1 pp vs world	11.4%	Not published	Not published	-6.5 pp vs world	125.2%	Not published	Not published	+25.8 pp vs world
Armenia	2010	92.0%	Not published	Not published	+17.5 pp vs world	80.8%	Not published	Not published	+23.7 pp vs world	11.2%	Not published	Not published	-6.3 pp vs world	124.8%	Not published	Not published	+25.7 pp vs world
Armenia	2011	93.5%	Not published	Not published	+19.7 pp vs world	82.5%	Not published	Not published	+25.9 pp vs world	11.1%	Not published	Not published	-6.2 pp vs world	120.7%	Not published	Not published	+21.7 pp vs world
Armenia	2012	96.8%	Not published	Not published	+23.1 pp vs world	85.9%	Not published	Not published	+29.3 pp vs world	10.9%	Not published	Not published	-6.2 pp vs world	121.5%	Not published	Not published	+22.4 pp vs world
Armenia	2013	98.7%	Not published	Not published	+25.1 pp vs world	86.8%	Not published	Not published	+30.2 pp vs world	11.9%	Not published	Not published	-5.0 pp vs world	120.9%	Not published	Not published	+21.8 pp vs world
Armenia	2014	97.6%	Not published	Not published	+24.1 pp vs world	85.5%	Not published	Not published	+28.9 pp vs world	12.1%	Not published	Not published	-4.7 pp vs world	118.9%	Not published	Not published	+19.6 pp vs world
Armenia	2015	91.0%	Not published	Not published	+17.3 pp vs world	77.9%	Not published	Not published	+20.8 pp vs world	13.1%	Not published	Not published	-3.5 pp vs world	111.8%	Not published	Not published	+12.3 pp vs world
Armenia	2016	89.8%	Not published	Not published	+15.9 pp vs world	76.3%	Not published	Not published	+19.1 pp vs world	13.5%	Not published	Not published	-3.1 pp vs world	107.8%	Not published	Not published	+8.5 pp vs world
Armenia	2017	92.3%	Not published	Not published	+19.0 pp vs world	80.0%	Not published	Not published	+23.1 pp vs world	12.3%	Not published	Not published	-4.1 pp vs world	110.8%	Not published	Not published	+11.5 pp vs world
Armenia	2018	91.3%	Not published	Not published	+18.5 pp vs world	79.8%	Not published	Not published	+23.5 pp vs world	11.5%	Not published	Not published	-4.9 pp vs world	113.7%	Not published	Not published	+14.6 pp vs world
Armenia	2019	96.0%	Not published	Not published	+23.0 pp vs world	83.4%	Not published	Not published	+27.0 pp vs world	12.6%	Not published	Not published	-4.0 pp vs world	113.4%	Not published	Not published	+14.0 pp vs world
Armenia	2020	90.3%	Not published	Not published	+17.1 pp vs world	75.3%	Not published	Not published	+19.9 pp vs world	15.0%	Not published	Not published	-2.8 pp vs world	110.0%	Not published	Not published	+10.5 pp vs world
Armenia	2021	84.9%	Not published	Not published	+13.0 pp vs world	71.2%	Not published	Not published	+16.3 pp vs world	13.6%	Not published	Not published	-3.3 pp vs world	107.9%	Not published	Not published	+8.9 pp vs world
Armenia	2022	78.6%	Not published	Not published	+6.6 pp vs world	66.9%	Not published	Not published	+11.4 pp vs world	11.7%	Not published	Not published	-4.7 pp vs world	101.0%	Not published	Not published	+1.8 pp vs world
Armenia	2023	77.9%	Not published	Not published	+5.0 pp vs world	65.8%	Not published	Not published	+9.4 pp vs world	12.1%	Not published	Not published	-4.4 pp vs world	100.9%	Not published	Not published	+1.6 pp vs world
Armenia	2024	77.6%	Not published	Not published	+4.4 pp vs world	66.9%	Not published	Not published	+10.3 pp vs world	10.7%	Not published	Not published	-5.9 pp vs world	101.4%	Not published	Not published	+2.2 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Parent aggregates and their components should not be added together. Shares describe composition, not the quality of spending.

Latest common comparison

Asia63.9%2024

Western Asia69.1%2024

World73.2%2024

06 · Investment and capital formation

How much current output is directed toward capital formation?

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Full historical record

Gross Capital Formation

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Armenia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

ArmeniaWestern AsiaAsiaWorldCurrent prices · national currency · percent

Formation1970–1990

47.2% → 47.2%

Percentage-point change: 0.0 pp

Integration1990–2010

47.2% → 32.8%

Percentage-point change: -14.4 pp

Current era2010–2024

32.8% → 23.8%

Percentage-point change: -8.9 pp

Gross capital formation23.8%2024 · Published series · World rank unavailable

Gross fixed capital formation21.4%2024 · Published series · World rank unavailable

Changes in inventories2.5%2024 · Published series · World rank unavailable

Investment and capital formation: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the investment and capital formation section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Investment and capital formation: annual rates, ranks and comparison indices

Armenia	1990	47.2%	Not published	Not published	+21.4 pp vs world	44.3%	Not published	Not published	+19.3 pp vs world	2.8%	Not published	Not published	+2.1 pp vs world
Armenia	1991	39.7%	Not published	Not published	+14.5 pp vs world	28.4%	Not published	Not published	+4.1 pp vs world	11.3%	Not published	Not published	+10.4 pp vs world
Armenia	1992	1.6%	Not published	Not published	-23.1 pp vs world	16.9%	Not published	Not published	-7.0 pp vs world	-15.3%	Not published	Not published	-16.1 pp vs world
Armenia	1993	9.8%	Not published	Not published	-14.4 pp vs world	12.3%	Not published	Not published	-11.4 pp vs world	-2.6%	Not published	Not published	-3.1 pp vs world
Armenia	1994	23.4%	Not published	Not published	-1.0 pp vs world	20.3%	Not published	Not published	-3.4 pp vs world	3.1%	Not published	Not published	+2.3 pp vs world
Armenia	1995	18.4%	Not published	Not published	-6.2 pp vs world	16.2%	Not published	Not published	-7.5 pp vs world	2.2%	Not published	Not published	+1.3 pp vs world
Armenia	1996	19.9%	Not published	Not published	-4.5 pp vs world	17.9%	Not published	Not published	-5.8 pp vs world	2.0%	Not published	Not published	+1.4 pp vs world
Armenia	1997	19.0%	Not published	Not published	-5.3 pp vs world	16.2%	Not published	Not published	-7.3 pp vs world	2.8%	Not published	Not published	+1.9 pp vs world
Armenia	1998	19.1%	Not published	Not published	-4.9 pp vs world	16.2%	Not published	Not published	-7.1 pp vs world	2.8%	Not published	Not published	+2.2 pp vs world
Armenia	1999	18.3%	Not published	Not published	-5.6 pp vs world	16.4%	Not published	Not published	-7.0 pp vs world	1.9%	Not published	Not published	+1.4 pp vs world
Armenia	2000	18.6%	Not published	Not published	-5.7 pp vs world	18.5%	Not published	Not published	-5.2 pp vs world	0.1%	Not published	Not published	-0.5 pp vs world
Armenia	2001	19.7%	Not published	Not published	-3.9 pp vs world	17.7%	Not published	Not published	-5.6 pp vs world	2.0%	Not published	Not published	+1.7 pp vs world
Armenia	2002	21.6%	Not published	Not published	-1.4 pp vs world	21.1%	Not published	Not published	-1.6 pp vs world	0.5%	Not published	Not published	+0.2 pp vs world
Armenia	2003	24.2%	Not published	Not published	+1.0 pp vs world	23.0%	Not published	Not published	+0.3 pp vs world	1.2%	Not published	Not published	+0.7 pp vs world
Armenia	2004	24.8%	Not published	Not published	+0.9 pp vs world	23.9%	Not published	Not published	+0.8 pp vs world	0.9%	Not published	Not published	+0.1 pp vs world
Armenia	2005	30.4%	Not published	Not published	+6.1 pp vs world	29.8%	Not published	Not published	+6.2 pp vs world	0.5%	Not published	Not published	-0.1 pp vs world
Armenia	2006	35.8%	Not published	Not published	+11.0 pp vs world	35.6%	Not published	Not published	+11.5 pp vs world	0.2%	Not published	Not published	-0.6 pp vs world
Armenia	2007	37.7%	Not published	Not published	+12.4 pp vs world	37.0%	Not published	Not published	+12.7 pp vs world	0.7%	Not published	Not published	-0.3 pp vs world
Armenia	2008	40.7%	Not published	Not published	+15.4 pp vs world	39.8%	Not published	Not published	+15.4 pp vs world	0.9%	Not published	Not published	-0.1 pp vs world
Armenia	2009	34.6%	Not published	Not published	+11.2 pp vs world	36.5%	Not published	Not published	+12.8 pp vs world	-1.9%	Not published	Not published	-1.6 pp vs world
Armenia	2010	32.8%	Not published	Not published	+8.2 pp vs world	33.5%	Not published	Not published	+9.9 pp vs world	-0.7%	Not published	Not published	-1.7 pp vs world
Armenia	2011	27.2%	Not published	Not published	+1.9 pp vs world	26.1%	Not published	Not published	+2.1 pp vs world	1.1%	Not published	Not published	-0.1 pp vs world
Armenia	2012	24.7%	Not published	Not published	-0.7 pp vs world	23.6%	Not published	Not published	-0.9 pp vs world	1.1%	Not published	Not published	+0.2 pp vs world
Armenia	2013	22.2%	Not published	Not published	-3.3 pp vs world	21.2%	Not published	Not published	-3.4 pp vs world	0.9%	Not published	Not published	+0.1 pp vs world
Armenia	2014	21.3%	Not published	Not published	-4.5 pp vs world	20.0%	Not published	Not published	-4.8 pp vs world	1.3%	Not published	Not published	+0.4 pp vs world
Armenia	2015	20.7%	Not published	Not published	-5.0 pp vs world	20.6%	Not published	Not published	-4.4 pp vs world	0.1%	Not published	Not published	-0.6 pp vs world
Armenia	2016	18.0%	Not published	Not published	-7.4 pp vs world	17.4%	Not published	Not published	-7.5 pp vs world	0.7%	Not published	Not published	+0.2 pp vs world
Armenia	2017	18.4%	Not published	Not published	-7.5 pp vs world	17.6%	Not published	Not published	-7.5 pp vs world	0.8%	Not published	Not published	+0.0 pp vs world
Armenia	2018	22.4%	Not published	Not published	-3.9 pp vs world	16.7%	Not published	Not published	-8.9 pp vs world	5.7%	Not published	Not published	+4.9 pp vs world
Armenia	2019	17.4%	Not published	Not published	-9.0 pp vs world	15.8%	Not published	Not published	-10.0 pp vs world	1.6%	Not published	Not published	+1.1 pp vs world
Armenia	2020	19.7%	Not published	Not published	-6.6 pp vs world	17.8%	Not published	Not published	-8.2 pp vs world	1.9%	Not published	Not published	+1.6 pp vs world
Armenia	2021	23.0%	Not published	Not published	-4.1 pp vs world	21.2%	Not published	Not published	-4.9 pp vs world	1.8%	Not published	Not published	+0.8 pp vs world
Armenia	2022	22.4%	Not published	Not published	-4.8 pp vs world	21.1%	Not published	Not published	-4.9 pp vs world	1.3%	Not published	Not published	+0.1 pp vs world
Armenia	2023	22.9%	Not published	Not published	-3.3 pp vs world	20.6%	Not published	Not published	-5.2 pp vs world	2.4%	Not published	Not published	+1.9 pp vs world
Armenia	2024	23.8%	Not published	Not published	-2.1 pp vs world	21.4%	Not published	Not published	-4.1 pp vs world	2.5%	Not published	Not published	+1.9 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

A larger investment share is not automatically better; depreciation, utilization and project quality are outside this accounting measure.

Latest common comparison

Asia33.8%2024

Western Asia26.5%2024

World26.0%2024

07 · Trade structure and external balance

How exposed is the economy to trade, and what is the external balance?

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Full historical record

Trade openness

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Armenia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

ArmeniaWestern AsiaAsiaWorldCurrent prices · percent

Formation1970–1990

81.4% → 81.4%

Percentage-point change: 0.0 pp

Integration1990–2010

81.4% → 67.8%

Percentage-point change: -13.5 pp

Current era2010–2024

67.8% → 145.9%

Percentage-point change: +78.1 pp

Exports72.2%2024 · Published series · World rank unavailable

Imports73.7%2024 · Published series · World rank unavailable

Net exports-1.4%2024 · Derived measure · World rank unavailable

Trade openness145.9%2024 · Derived measure · World rank unavailable

Trade structure and external balance: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the trade structure and external balance section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Trade structure and external balance: annual rates, ranks and comparison indices

Armenia	1990	35.0%	Not published	Not published	+16.1 pp vs world	46.3%	Not published	Not published	+27.2 pp vs world	-11.3%	Not published	Not published	-11.1 pp vs world	81.4%	Not published	Not published	+43.2 pp vs world
Armenia	1991	40.6%	Not published	Not published	+22.0 pp vs world	60.0%	Not published	Not published	+41.3 pp vs world	-19.3%	Not published	Not published	-19.3 pp vs world	100.6%	Not published	Not published	+63.4 pp vs world
Armenia	1992	39.5%	Not published	Not published	+19.7 pp vs world	60.8%	Not published	Not published	+41.3 pp vs world	-21.3%	Not published	Not published	-21.6 pp vs world	100.2%	Not published	Not published	+61.1 pp vs world
Armenia	1993	35.4%	Not published	Not published	+16.6 pp vs world	60.1%	Not published	Not published	+41.8 pp vs world	-24.7%	Not published	Not published	-25.1 pp vs world	95.5%	Not published	Not published	+58.4 pp vs world
Armenia	1994	44.1%	Not published	Not published	+24.7 pp vs world	71.7%	Not published	Not published	+52.7 pp vs world	-27.6%	Not published	Not published	-28.1 pp vs world	115.8%	Not published	Not published	+77.4 pp vs world
Armenia	1995	26.8%	Not published	Not published	+6.2 pp vs world	61.0%	Not published	Not published	+40.9 pp vs world	-34.2%	Not published	Not published	-34.6 pp vs world	87.8%	Not published	Not published	+47.1 pp vs world
Armenia	1996	26.1%	Not published	Not published	+5.0 pp vs world	54.9%	Not published	Not published	+34.2 pp vs world	-28.8%	Not published	Not published	-29.3 pp vs world	81.0%	Not published	Not published	+39.2 pp vs world
Armenia	1997	22.7%	Not published	Not published	+0.7 pp vs world	57.2%	Not published	Not published	+35.7 pp vs world	-34.4%	Not published	Not published	-34.9 pp vs world	79.9%	Not published	Not published	+36.4 pp vs world
Armenia	1998	21.3%	Not published	Not published	-0.5 pp vs world	51.8%	Not published	Not published	+30.4 pp vs world	-30.5%	Not published	Not published	-30.9 pp vs world	73.1%	Not published	Not published	+29.9 pp vs world
Armenia	1999	23.3%	Not published	Not published	+1.5 pp vs world	48.8%	Not published	Not published	+27.3 pp vs world	-25.6%	Not published	Not published	-25.8 pp vs world	72.1%	Not published	Not published	+28.7 pp vs world
Armenia	2000	26.2%	Not published	Not published	+2.7 pp vs world	49.6%	Not published	Not published	+26.2 pp vs world	-23.4%	Not published	Not published	-23.5 pp vs world	75.8%	Not published	Not published	+28.8 pp vs world
Armenia	2001	28.6%	Not published	Not published	+5.6 pp vs world	45.3%	Not published	Not published	+22.3 pp vs world	-16.7%	Not published	Not published	-16.7 pp vs world	73.8%	Not published	Not published	+27.9 pp vs world
Armenia	2002	32.9%	Not published	Not published	+9.7 pp vs world	45.7%	Not published	Not published	+22.7 pp vs world	-12.8%	Not published	Not published	-13.0 pp vs world	78.6%	Not published	Not published	+32.4 pp vs world
Armenia	2003	36.1%	Not published	Not published	+12.1 pp vs world	49.1%	Not published	Not published	+25.3 pp vs world	-13.0%	Not published	Not published	-13.2 pp vs world	85.1%	Not published	Not published	+37.4 pp vs world
Armenia	2004	33.4%	Not published	Not published	+7.6 pp vs world	44.4%	Not published	Not published	+19.0 pp vs world	-11.1%	Not published	Not published	-11.4 pp vs world	77.8%	Not published	Not published	+26.6 pp vs world
Armenia	2005	32.3%	Not published	Not published	+5.3 pp vs world	42.4%	Not published	Not published	+15.8 pp vs world	-10.1%	Not published	Not published	-10.5 pp vs world	74.7%	Not published	Not published	+21.0 pp vs world
Armenia	2006	26.2%	Not published	Not published	-2.5 pp vs world	38.5%	Not published	Not published	+10.4 pp vs world	-12.3%	Not published	Not published	-13.0 pp vs world	64.7%	Not published	Not published	+7.9 pp vs world
Armenia	2007	21.5%	Not published	Not published	-8.1 pp vs world	38.4%	Not published	Not published	+9.5 pp vs world	-16.9%	Not published	Not published	-17.6 pp vs world	59.9%	Not published	Not published	+1.5 pp vs world
Armenia	2008	16.9%	Not published	Not published	-14.1 pp vs world	39.9%	Not published	Not published	+9.6 pp vs world	-23.0%	Not published	Not published	-23.7 pp vs world	56.8%	Not published	Not published	-4.4 pp vs world
Armenia	2009	17.4%	Not published	Not published	-8.9 pp vs world	42.2%	Not published	Not published	+16.6 pp vs world	-24.8%	Not published	Not published	-25.5 pp vs world	59.5%	Not published	Not published	+7.7 pp vs world
Armenia	2010	23.4%	Not published	Not published	-5.2 pp vs world	44.4%	Not published	Not published	+16.8 pp vs world	-21.1%	Not published	Not published	-22.0 pp vs world	67.8%	Not published	Not published	+11.6 pp vs world
Armenia	2011	26.6%	Not published	Not published	-3.7 pp vs world	46.4%	Not published	Not published	+17.0 pp vs world	-19.8%	Not published	Not published	-20.7 pp vs world	73.1%	Not published	Not published	+13.3 pp vs world
Armenia	2012	27.6%	Not published	Not published	-2.6 pp vs world	48.4%	Not published	Not published	+19.2 pp vs world	-20.8%	Not published	Not published	-21.8 pp vs world	76.0%	Not published	Not published	+16.6 pp vs world
Armenia	2013	28.4%	Not published	Not published	-1.8 pp vs world	49.2%	Not published	Not published	+20.1 pp vs world	-20.8%	Not published	Not published	-21.9 pp vs world	77.6%	Not published	Not published	+18.3 pp vs world
Armenia	2014	28.6%	Not published	Not published	-1.2 pp vs world	47.2%	Not published	Not published	+18.3 pp vs world	-18.7%	Not published	Not published	-19.5 pp vs world	75.8%	Not published	Not published	+17.1 pp vs world
Armenia	2015	29.7%	Not published	Not published	+1.6 pp vs world	42.0%	Not published	Not published	+14.4 pp vs world	-12.2%	Not published	Not published	-12.8 pp vs world	71.7%	Not published	Not published	+16.1 pp vs world
Armenia	2016	33.7%	Not published	Not published	+6.6 pp vs world	42.3%	Not published	Not published	+15.9 pp vs world	-8.6%	Not published	Not published	-9.4 pp vs world	76.1%	Not published	Not published	+22.5 pp vs world
Armenia	2017	38.2%	Not published	Not published	+10.1 pp vs world	49.0%	Not published	Not published	+21.6 pp vs world	-10.8%	Not published	Not published	-11.5 pp vs world	87.2%	Not published	Not published	+31.8 pp vs world
Armenia	2018	39.4%	Not published	Not published	+10.3 pp vs world	53.1%	Not published	Not published	+24.8 pp vs world	-13.7%	Not published	Not published	-14.5 pp vs world	92.5%	Not published	Not published	+35.1 pp vs world
Armenia	2019	41.4%	Not published	Not published	+13.2 pp vs world	54.8%	Not published	Not published	+27.3 pp vs world	-13.4%	Not published	Not published	-14.0 pp vs world	96.1%	Not published	Not published	+40.5 pp vs world
Armenia	2020	29.8%	Not published	Not published	+3.7 pp vs world	39.7%	Not published	Not published	+14.3 pp vs world	-10.0%	Not published	Not published	-10.7 pp vs world	69.5%	Not published	Not published	+18.0 pp vs world
Armenia	2021	35.9%	Not published	Not published	+7.3 pp vs world	43.8%	Not published	Not published	+16.1 pp vs world	-7.9%	Not published	Not published	-8.9 pp vs world	79.7%	Not published	Not published	+23.4 pp vs world
Armenia	2022	50.2%	Not published	Not published	+19.3 pp vs world	51.2%	Not published	Not published	+21.1 pp vs world	-1.0%	Not published	Not published	-1.8 pp vs world	101.4%	Not published	Not published	+40.4 pp vs world
Armenia	2023	59.5%	Not published	Not published	+30.4 pp vs world	60.3%	Not published	Not published	+32.0 pp vs world	-0.9%	Not published	Not published	-1.6 pp vs world	119.8%	Not published	Not published	+62.4 pp vs world
Armenia	2024	72.2%	Not published	Not published	+43.3 pp vs world	73.7%	Not published	Not published	+45.6 pp vs world	-1.4%	Not published	Not published	-2.3 pp vs world	145.9%	Not published	Not published	+88.8 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Trade openness is exports plus imports relative to GDP. Imports are positive in the source but subtracted in the expenditure identity.

Latest common comparison

Asia60.3%2024

Western Asia82.0%2024

World57.1%2024

08 · Industry mix and structural change

Which activities produce value, and how is the mix changing?

Six mutually exclusive activities show the production structure. Manufacturing remains nested inside its parent activity.

Full historical record

Structural change across six activities

Other activities is the largest current activity at 39.7%. Each activity shows change separately for 1970–1990, 1990–2010, and 2010–current.

AMA activity values measure gross value added, not sales, revenue, shipments, gross output, or physical production.

Agriculture, forestry and fishing8.4%

1970–19900.0 pp1990–2010+0.5 pp2010–2024-9.4 pp

World specialization: 1.98×

Mining, manufacturing and utilities17.0%

1970–19900.0 pp1990–2010-18.1 pp2010–2024+0.6 pp

World specialization: 0.81×

Construction7.6%

1970–19900.0 pp1990–2010-0.8 pp2010–2024-10.7 pp

World specialization: 1.32×

Trade, restaurants and hotels17.6%

1970–19900.0 pp1990–2010+8.7 pp2010–2024+3.2 pp

World specialization: 1.22×

Transport, storage and communication9.6%

1970–19900.0 pp1990–2010-0.3 pp2010–2024+2.0 pp

World specialization: 0.98×

Other activities39.7%

1970–19900.0 pp1990–2010+10.0 pp2010–2024+14.3 pp

World specialization: 0.89×

Industry composition and economic scale

The 100% area view isolates changes in production mix. The current-dollar area view combines those shares with nominal GDP so the total height also shows the expansion or contraction of the economy.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

Agriculture, forestry and fishingMining, manufacturing and utilitiesConstructionTrade, restaurants and hotelsTransport, storage and communicationOther activitiesShare of total gross value added

Formation1970–1990

15.5% → 15.5%

Percentage-point change: 0.0 pp

Integration1990–2010

15.5% → 25.5%

Percentage-point change: +10.0 pp

Current era2010–2024

25.5% → 39.7%

Percentage-point change: +14.3 pp

How to read specialization

World specialization compares an activity's share of this country's gross value added with that activity's share of world gross value added. A result of 1.00× means the shares match; above 1.00× means the activity is relatively more prominent locally, while below 1.00× means it is relatively less prominent. It describes economic structure, not productivity or competitiveness.

Current specialization against world

Agriculture, forestry and fishing1.98×

Mining, manufacturing and utilities0.81×

Construction1.32×

Trade, restaurants and hotels1.22×

Transport, storage and communication0.98×

Other activities0.89×

Industry mix, specialization and world comparison table35 annual rows

Annual shares for the six mutually exclusive broad industries, with world comparisons and ranks wherever comparable data exist. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Industry mix, specialization and world comparison table

Armenia	1990	17.3%	Not published	Not published	+12.1 pp vs world	34.5%	Not published	Not published	+8.0 pp vs world	19.1%	Not published	Not published	+12.9 pp vs world	5.7%	Not published	Not published	-8.8 pp vs world	7.9%	Not published	Not published	-0.3 pp vs world	15.5%	Not published	Not published	-24.1 pp vs world
Armenia	1991	24.7%	Not published	Not published	+20.0 pp vs world	38.7%	Not published	Not published	+12.6 pp vs world	11.8%	Not published	Not published	+5.8 pp vs world	5.1%	Not published	Not published	-9.7 pp vs world	5.4%	Not published	Not published	-2.9 pp vs world	14.3%	Not published	Not published	-25.9 pp vs world
Armenia	1992	30.1%	Not published	Not published	+25.8 pp vs world	37.1%	Not published	Not published	+11.8 pp vs world	6.1%	Not published	Not published	+0.2 pp vs world	2.8%	Not published	Not published	-12.5 pp vs world	7.8%	Not published	Not published	-0.4 pp vs world	16.1%	Not published	Not published	-24.9 pp vs world
Armenia	1993	50.8%	Not published	Not published	+46.6 pp vs world	25.7%	Not published	Not published	+1.0 pp vs world	4.0%	Not published	Not published	-1.9 pp vs world	2.6%	Not published	Not published	-12.4 pp vs world	5.8%	Not published	Not published	-2.5 pp vs world	11.0%	Not published	Not published	-30.8 pp vs world
Armenia	1994	43.8%	Not published	Not published	+39.8 pp vs world	25.7%	Not published	Not published	+1.2 pp vs world	6.7%	Not published	Not published	+0.8 pp vs world	5.3%	Not published	Not published	-10.0 pp vs world	4.6%	Not published	Not published	-3.9 pp vs world	13.9%	Not published	Not published	-27.2 pp vs world
Armenia	1995	40.3%	Not published	Not published	+36.3 pp vs world	22.0%	Not published	Not published	-2.6 pp vs world	6.5%	Not published	Not published	+0.7 pp vs world	10.3%	Not published	Not published	-4.8 pp vs world	4.6%	Not published	Not published	-3.9 pp vs world	16.4%	Not published	Not published	-25.7 pp vs world
Armenia	1996	35.1%	Not published	Not published	+31.0 pp vs world	23.1%	Not published	Not published	-1.1 pp vs world	7.4%	Not published	Not published	+1.7 pp vs world	10.4%	Not published	Not published	-4.6 pp vs world	6.7%	Not published	Not published	-1.9 pp vs world	17.3%	Not published	Not published	-25.1 pp vs world
Armenia	1997	30.2%	Not published	Not published	+26.2 pp vs world	23.9%	Not published	Not published	-0.2 pp vs world	8.3%	Not published	Not published	+2.8 pp vs world	10.1%	Not published	Not published	-4.9 pp vs world	8.4%	Not published	Not published	-0.3 pp vs world	19.2%	Not published	Not published	-23.6 pp vs world
Armenia	1998	32.1%	Not published	Not published	+28.2 pp vs world	23.0%	Not published	Not published	-0.1 pp vs world	8.3%	Not published	Not published	+2.8 pp vs world	9.8%	Not published	Not published	-5.3 pp vs world	7.8%	Not published	Not published	-1.2 pp vs world	19.0%	Not published	Not published	-24.4 pp vs world
Armenia	1999	27.6%	Not published	Not published	+24.0 pp vs world	24.9%	Not published	Not published	+1.8 pp vs world	8.5%	Not published	Not published	+3.1 pp vs world	10.0%	Not published	Not published	-5.1 pp vs world	8.4%	Not published	Not published	-0.7 pp vs world	20.6%	Not published	Not published	-23.1 pp vs world
Armenia	2000	24.0%	Not published	Not published	+20.6 pp vs world	26.7%	Not published	Not published	+3.2 pp vs world	10.6%	Not published	Not published	+5.3 pp vs world	10.5%	Not published	Not published	-4.5 pp vs world	8.1%	Not published	Not published	-1.0 pp vs world	20.0%	Not published	Not published	-23.6 pp vs world
Armenia	2001	26.7%	Not published	Not published	+23.3 pp vs world	24.8%	Not published	Not published	+2.2 pp vs world	10.2%	Not published	Not published	+4.8 pp vs world	11.6%	Not published	Not published	-3.4 pp vs world	7.9%	Not published	Not published	-1.3 pp vs world	18.9%	Not published	Not published	-25.6 pp vs world
Armenia	2002	24.7%	Not published	Not published	+21.3 pp vs world	24.3%	Not published	Not published	+2.2 pp vs world	13.4%	Not published	Not published	+8.1 pp vs world	12.1%	Not published	Not published	-2.7 pp vs world	7.0%	Not published	Not published	-2.3 pp vs world	18.5%	Not published	Not published	-26.5 pp vs world
Armenia	2003	22.6%	Not published	Not published	+19.2 pp vs world	24.1%	Not published	Not published	+1.9 pp vs world	16.5%	Not published	Not published	+11.2 pp vs world	12.3%	Not published	Not published	-2.4 pp vs world	6.7%	Not published	Not published	-2.6 pp vs world	17.8%	Not published	Not published	-27.3 pp vs world
Armenia	2004	23.5%	Not published	Not published	+20.0 pp vs world	23.5%	Not published	Not published	+0.9 pp vs world	16.2%	Not published	Not published	+10.8 pp vs world	12.4%	Not published	Not published	-2.2 pp vs world	6.7%	Not published	Not published	-2.8 pp vs world	17.7%	Not published	Not published	-26.7 pp vs world
Armenia	2005	19.9%	Not published	Not published	+16.6 pp vs world	23.2%	Not published	Not published	+0.1 pp vs world	20.6%	Not published	Not published	+15.1 pp vs world	12.3%	Not published	Not published	-2.2 pp vs world	6.7%	Not published	Not published	-2.6 pp vs world	17.3%	Not published	Not published	-26.9 pp vs world
Armenia	2006	19.4%	Not published	Not published	+16.1 pp vs world	18.2%	Not published	Not published	-5.3 pp vs world	24.7%	Not published	Not published	+19.1 pp vs world	12.2%	Not published	Not published	-2.2 pp vs world	7.1%	Not published	Not published	-2.1 pp vs world	18.3%	Not published	Not published	-25.5 pp vs world
Armenia	2007	19.1%	Not published	Not published	+15.6 pp vs world	16.0%	Not published	Not published	-7.6 pp vs world	25.9%	Not published	Not published	+20.2 pp vs world	11.9%	Not published	Not published	-2.4 pp vs world	7.9%	Not published	Not published	-1.5 pp vs world	19.2%	Not published	Not published	-24.4 pp vs world
Armenia	2008	17.2%	Not published	Not published	+13.5 pp vs world	14.3%	Not published	Not published	-9.7 pp vs world	26.9%	Not published	Not published	+21.3 pp vs world	12.7%	Not published	Not published	-1.4 pp vs world	7.8%	Not published	Not published	-1.5 pp vs world	21.0%	Not published	Not published	-22.1 pp vs world
Armenia	2009	17.6%	Not published	Not published	+13.8 pp vs world	14.2%	Not published	Not published	-8.1 pp vs world	19.5%	Not published	Not published	+13.9 pp vs world	14.0%	Not published	Not published	-0.1 pp vs world	8.1%	Not published	Not published	-1.1 pp vs world	26.7%	Not published	Not published	-18.4 pp vs world
Armenia	2010	17.8%	Not published	Not published	+13.8 pp vs world	16.5%	Not published	Not published	-7.2 pp vs world	18.3%	Not published	Not published	+12.9 pp vs world	14.4%	Not published	Not published	+0.4 pp vs world	7.6%	Not published	Not published	-1.5 pp vs world	25.5%	Not published	Not published	-18.4 pp vs world
Armenia	2011	20.9%	Not published	Not published	+16.6 pp vs world	17.8%	Not published	Not published	-6.5 pp vs world	13.4%	Not published	Not published	+8.0 pp vs world	13.8%	Not published	Not published	-0.2 pp vs world	6.9%	Not published	Not published	-2.0 pp vs world	27.3%	Not published	Not published	-15.9 pp vs world
Armenia	2012	19.6%	Not published	Not published	+15.3 pp vs world	17.6%	Not published	Not published	-6.5 pp vs world	12.8%	Not published	Not published	+7.4 pp vs world	14.1%	Not published	Not published	+0.0 pp vs world	7.1%	Not published	Not published	-1.8 pp vs world	28.8%	Not published	Not published	-14.4 pp vs world
Armenia	2013	20.3%	Not published	Not published	+15.9 pp vs world	17.9%	Not published	Not published	-5.9 pp vs world	11.5%	Not published	Not published	+6.0 pp vs world	14.3%	Not published	Not published	+0.2 pp vs world	6.5%	Not published	Not published	-2.4 pp vs world	29.5%	Not published	Not published	-13.8 pp vs world
Armenia	2014	19.9%	Not published	Not published	+15.5 pp vs world	17.6%	Not published	Not published	-5.7 pp vs world	10.2%	Not published	Not published	+4.7 pp vs world	14.3%	Not published	Not published	+0.1 pp vs world	7.0%	Not published	Not published	-2.0 pp vs world	31.0%	Not published	Not published	-12.6 pp vs world
Armenia	2015	18.9%	Not published	Not published	+14.5 pp vs world	17.9%	Not published	Not published	-4.4 pp vs world	10.3%	Not published	Not published	+4.8 pp vs world	13.3%	Not published	Not published	-1.0 pp vs world	6.5%	Not published	Not published	-2.7 pp vs world	33.1%	Not published	Not published	-11.1 pp vs world
Armenia	2016	17.8%	Not published	Not published	+13.5 pp vs world	19.4%	Not published	Not published	-2.3 pp vs world	8.4%	Not published	Not published	+2.9 pp vs world	12.1%	Not published	Not published	-2.2 pp vs world	6.9%	Not published	Not published	-2.3 pp vs world	35.3%	Not published	Not published	-9.5 pp vs world
Armenia	2017	16.4%	Not published	Not published	+12.0 pp vs world	20.2%	Not published	Not published	-1.7 pp vs world	7.9%	Not published	Not published	+2.2 pp vs world	13.6%	Not published	Not published	-0.8 pp vs world	7.0%	Not published	Not published	-2.3 pp vs world	34.9%	Not published	Not published	-9.5 pp vs world
Armenia	2018	15.3%	Not published	Not published	+11.1 pp vs world	19.9%	Not published	Not published	-2.6 pp vs world	7.2%	Not published	Not published	+1.5 pp vs world	14.4%	Not published	Not published	+0.2 pp vs world	7.0%	Not published	Not published	-2.2 pp vs world	36.2%	Not published	Not published	-8.0 pp vs world
Armenia	2019	12.7%	Not published	Not published	+8.5 pp vs world	20.6%	Not published	Not published	-1.1 pp vs world	7.0%	Not published	Not published	+1.2 pp vs world	15.0%	Not published	Not published	+0.7 pp vs world	7.2%	Not published	Not published	-2.2 pp vs world	37.5%	Not published	Not published	-7.1 pp vs world
Armenia	2020	12.4%	Not published	Not published	+7.9 pp vs world	21.8%	Not published	Not published	+0.8 pp vs world	7.6%	Not published	Not published	+1.8 pp vs world	13.1%	Not published	Not published	-0.6 pp vs world	6.8%	Not published	Not published	-2.5 pp vs world	38.4%	Not published	Not published	-7.2 pp vs world
Armenia	2021	12.5%	Not published	Not published	+8.0 pp vs world	21.9%	Not published	Not published	-0.4 pp vs world	7.2%	Not published	Not published	+1.4 pp vs world	13.8%	Not published	Not published	-0.1 pp vs world	7.5%	Not published	Not published	-2.0 pp vs world	37.2%	Not published	Not published	-6.8 pp vs world
Armenia	2022	11.1%	Not published	Not published	+6.6 pp vs world	20.4%	Not published	Not published	-2.3 pp vs world	7.5%	Not published	Not published	+1.8 pp vs world	14.7%	Not published	Not published	+0.4 pp vs world	8.8%	Not published	Not published	-0.8 pp vs world	37.5%	Not published	Not published	-5.7 pp vs world
Armenia	2023	8.9%	Not published	Not published	+4.5 pp vs world	17.5%	Not published	Not published	-4.2 pp vs world	7.6%	Not published	Not published	+1.8 pp vs world	17.4%	Not published	Not published	+2.9 pp vs world	9.8%	Not published	Not published	+0.2 pp vs world	38.9%	Not published	Not published	-5.2 pp vs world
Armenia	2024	8.4%	Not published	Not published	+4.2 pp vs world	17.0%	Not published	Not published	-4.1 pp vs world	7.6%	Not published	Not published	+1.9 pp vs world	17.6%	Not published	Not published	+3.1 pp vs world	9.6%	Not published	Not published	-0.2 pp vs world	39.7%	Not published	Not published	-4.7 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

09 · Manufacturing position

What role does manufacturing play at home and in the world?

Domestic share, its place inside the parent industry, real growth, specialization and world contribution are kept together.

Full historical record

Manufacturing in the economic structure

Manufacturing accounts for 11.0% of total gross value added in 2024. In 2024, Armenia was 4.7 percentage points below the world value.

Latest share: 11.0%
World specialization: 0.70×
Latest year: 2024

Formation1970–1990

33.5% → 33.5%

Percentage-point change: 0.0 pp

Integration1990–2010

33.5% → 10.3%

Percentage-point change: -23.2 pp

Current era2010–2024

10.3% → 11.0%

Percentage-point change: +0.7 pp

Share of total GVA11.0%2024 · Derived measure · World rank unavailable

Share within parent activity64.3%2024 · Derived measure · World rank unavailable

Real manufacturing growth4.4%2024 · Published series · World rank 68 of 210 · highest-to-lowest

Share of world manufacturing0.0%2024 · Derived measure · World rank 115 of 210 · highest-to-lowest

Manufacturing annual rates, ranks and specialization table35 annual rows

Manufacturing's annual structural, growth and world-position measures. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 35 of 35 rows

Manufacturing annual rates, ranks and specialization table

Armenia	1990	33.5%	Not published	Not published	+12.7 pp vs world	96.9%	Not published	Not published	+18.5 pp vs world	Not published	Not published	Not published	Not published	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1991	37.4%	Not published	Not published	+16.9 pp vs world	96.7%	Not published	Not published	+18.0 pp vs world	2.0%	Not published	Not published	+2.0 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1992	32.4%	Not published	Not published	+12.6 pp vs world	87.5%	Not published	Not published	+9.2 pp vs world	-70.2%	Not published	Not published	-69.6 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1993	22.9%	Not published	Not published	+3.7 pp vs world	88.8%	Not published	Not published	+11.3 pp vs world	9.7%	Not published	Not published	+10.4 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1994	23.7%	Not published	Not published	+4.5 pp vs world	92.1%	Not published	Not published	+13.9 pp vs world	-43.8%	Not published	Not published	-47.3 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1995	19.3%	Not published	Not published	+0.2 pp vs world	88.0%	Not published	Not published	+10.0 pp vs world	2.6%	Not published	Not published	-2.3 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1996	19.1%	Not published	Not published	+0.5 pp vs world	82.4%	Not published	Not published	+5.9 pp vs world	0.7%	Not published	Not published	-1.9 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1997	18.6%	Not published	Not published	+0.4 pp vs world	78.1%	Not published	Not published	+2.0 pp vs world	1.5%	Not published	Not published	-3.1 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1998	16.7%	Not published	Not published	-1.0 pp vs world	72.6%	Not published	Not published	-4.2 pp vs world	-2.6%	Not published	Not published	-3.9 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	1999	17.5%	Not published	Not published	+0.0 pp vs world	70.5%	Not published	Not published	-5.4 pp vs world	4.5%	Not published	Not published	+1.2 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2000	17.5%	Not published	Not published	+0.1 pp vs world	65.4%	Not published	Not published	-8.4 pp vs world	7.1%	Not published	Not published	+0.7 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2001	16.4%	Not published	Not published	+0.0 pp vs world	66.2%	Not published	Not published	-6.4 pp vs world	2.7%	Not published	Not published	+3.5 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2002	16.0%	Not published	Not published	+0.0 pp vs world	65.6%	Not published	Not published	-6.5 pp vs world	17.1%	Not published	Not published	+16.0 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2003	16.1%	Not published	Not published	+0.3 pp vs world	66.8%	Not published	Not published	-4.6 pp vs world	16.2%	Not published	Not published	+12.8 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2004	14.1%	Not published	Not published	-3.1 pp vs world	60.2%	Not published	Not published	-16.3 pp vs world	24.8%	Not published	Not published	+5.2 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2005	14.2%	Not published	Not published	-2.9 pp vs world	61.1%	Not published	Not published	-12.8 pp vs world	8.8%	Not published	Not published	+4.5 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2006	11.3%	Not published	Not published	-5.8 pp vs world	62.0%	Not published	Not published	-10.5 pp vs world	-0.5%	Not published	Not published	-7.1 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2007	9.9%	Not published	Not published	-7.2 pp vs world	61.6%	Not published	Not published	-10.9 pp vs world	1.6%	Not published	Not published	-4.4 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2008	9.4%	Not published	Not published	-7.5 pp vs world	65.5%	Not published	Not published	-4.5 pp vs world	0.9%	Not published	Not published	-0.3 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2009	9.1%	Not published	Not published	-7.1 pp vs world	63.7%	Not published	Not published	-8.9 pp vs world	-7.1%	Not published	Not published	-0.8 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2010	10.3%	Not published	Not published	-6.5 pp vs world	62.4%	Not published	Not published	-8.4 pp vs world	12.6%	Not published	Not published	+3.5 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2011	11.0%	Not published	Not published	-5.9 pp vs world	61.7%	Not published	Not published	-7.6 pp vs world	12.4%	Not published	Not published	+8.0 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2012	10.3%	Not published	Not published	-6.4 pp vs world	58.6%	Not published	Not published	-10.9 pp vs world	4.1%	Not published	Not published	+1.8 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2013	10.7%	Not published	Not published	-6.0 pp vs world	59.6%	Not published	Not published	-10.4 pp vs world	7.7%	Not published	Not published	+4.6 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2014	10.7%	Not published	Not published	-6.1 pp vs world	60.5%	Not published	Not published	-11.3 pp vs world	6.0%	Not published	Not published	+1.8 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2015	10.1%	Not published	Not published	-6.9 pp vs world	56.4%	Not published	Not published	-19.8 pp vs world	-5.5%	Not published	Not published	-9.1 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2016	11.2%	Not published	Not published	-5.6 pp vs world	57.7%	Not published	Not published	-19.6 pp vs world	11.1%	Not published	Not published	+8.6 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2017	11.6%	Not published	Not published	-5.1 pp vs world	57.3%	Not published	Not published	-18.8 pp vs world	11.8%	Not published	Not published	+8.4 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2018	12.3%	Not published	Not published	-4.5 pp vs world	62.1%	Not published	Not published	-12.9 pp vs world	11.2%	Not published	Not published	+7.3 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2019	12.9%	Not published	Not published	-3.5 pp vs world	62.9%	Not published	Not published	-12.7 pp vs world	9.5%	Not published	Not published	+8.1 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2020	13.5%	Not published	Not published	-2.8 pp vs world	62.0%	Not published	Not published	-15.6 pp vs world	-4.0%	Not published	Not published	-1.5 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2021	12.2%	Not published	Not published	-4.7 pp vs world	55.6%	Not published	Not published	-19.9 pp vs world	2.6%	Not published	Not published	-6.4 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2022	12.5%	Not published	Not published	-3.8 pp vs world	61.3%	Not published	Not published	-10.6 pp vs world	12.5%	Not published	Not published	+10.5 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2023	11.2%	Not published	Not published	-4.8 pp vs world	64.1%	Not published	Not published	-9.3 pp vs world	-2.5%	Not published	Not published	-4.0 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world
Armenia	2024	11.0%	Not published	Not published	-4.7 pp vs world	64.3%	Not published	Not published	-9.7 pp vs world	4.4%	Not published	Not published	+1.5 pp vs world	0.0%	Not published	Not published	-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Manufacturing is part of mining, manufacturing and utilities; it is not a seventh broad-industry slice. Share and real growth describe different dimensions.

Current manufacturing specialization

Asia0.51×

Western Asia0.79×

World0.70×

Armenia Economic Overview

Read the economy through three eras

What should a reader know first?

Real output, indexed to a shared starting year

Real GDP trajectory

How large is the economy, and where does it sit globally?

Nominal GDP

Nominal GDP and UN benchmarks

What does the record show per person?

GDP per person

GDP per person and UN benchmarks

How quickly has real activity changed, and how have output prices moved?

Real GDP growth

Real GDP growth and UN benchmarks

How is output used for consumption and domestic demand?

Final Consumption

Final consumption and UN benchmarks

How much current output is directed toward capital formation?

Gross Capital Formation

Gross capital formation and UN benchmarks

How exposed is the economy to trade, and what is the external balance?

Trade openness

Trade openness and UN benchmarks

Which activities produce value, and how is the mix changing?

Structural change across six activities

Industry composition and economic scale

Broad industry structure over time

What role does manufacturing play at home and in the world?

Manufacturing in the economic structure