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.

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Showing 35 of 35 rows

Economic overview annual rank and index table

Armenia	1990	$2.30B	144 of 206 · highest-to-lowest	30.2 / 100	0.0 (world = 100)	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	$648	160 of 206 · highest-to-lowest	22.4 / 100	14.9 (world = 100)	0.0%	144 of 206 · highest-to-lowest	30.2 / 100	-100.0 pp vs world
Armenia	1991	$2.10B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	-11.7%	194 of 206 · highest-to-lowest	5.9 / 100	-12.9 pp vs world	$582	164 of 206 · highest-to-lowest	20.5 / 100	13.0 (world = 100)	0.0%	146 of 206 · highest-to-lowest	29.3 / 100	-100.0 pp vs world
Armenia	1992	$1.25B	161 of 206 · highest-to-lowest	22.0 / 100	0.0 (world = 100)	-41.8%	205 of 206 · highest-to-lowest	0.5 / 100	-43.8 pp vs world	$351	183 of 206 · highest-to-lowest	11.2 / 100	7.4 (world = 100)	0.0%	161 of 206 · highest-to-lowest	22.0 / 100	-100.0 pp vs world
Armenia	1993	$1.17B	164 of 206 · highest-to-lowest	20.5 / 100	0.0 (world = 100)	-8.8%	187 of 206 · highest-to-lowest	9.3 / 100	-10.5 pp vs world	$338	184 of 206 · highest-to-lowest	10.7 / 100	7.1 (world = 100)	0.0%	164 of 206 · highest-to-lowest	20.5 / 100	-100.0 pp vs world
Armenia	1994	$1.26B	161 of 206 · highest-to-lowest	22.0 / 100	0.0 (world = 100)	5.3%	65 of 206 · highest-to-lowest	68.8 / 100	+2.0 pp vs world	$374	173 of 206 · highest-to-lowest	16.1 / 100	7.5 (world = 100)	0.0%	161 of 206 · highest-to-lowest	22.0 / 100	-100.0 pp vs world
Armenia	1995	$1.37B	160 of 206 · highest-to-lowest	22.4 / 100	0.0 (world = 100)	6.9%	48 of 206 · highest-to-lowest	77.1 / 100	+3.8 pp vs world	$415	172 of 206 · highest-to-lowest	16.6 / 100	7.6 (world = 100)	0.0%	160 of 206 · highest-to-lowest	22.4 / 100	-100.0 pp vs world
Armenia	1996	$1.70B	157 of 206 · highest-to-lowest	23.9 / 100	0.0 (world = 100)	5.9%	67 of 206 · highest-to-lowest	67.8 / 100	+2.3 pp vs world	$519	168 of 206 · highest-to-lowest	18.5 / 100	9.5 (world = 100)	0.0%	157 of 206 · highest-to-lowest	23.9 / 100	-100.0 pp vs world
Armenia	1997	$1.75B	158 of 206 · highest-to-lowest	23.4 / 100	0.0 (world = 100)	3.3%	132 of 206 · highest-to-lowest	36.1 / 100	-0.6 pp vs world	$538	167 of 206 · highest-to-lowest	19.0 / 100	10.0 (world = 100)	0.0%	158 of 206 · highest-to-lowest	23.4 / 100	-100.0 pp vs world
Armenia	1998	$2.02B	152 of 206 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	7.3%	35 of 206 · highest-to-lowest	83.4 / 100	+4.5 pp vs world	$629	160 of 206 · highest-to-lowest	22.4 / 100	11.9 (world = 100)	0.0%	152 of 206 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Armenia	1999	$1.97B	150 of 206 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	3.3%	109 of 206 · highest-to-lowest	47.3 / 100	-0.3 pp vs world	$621	162 of 206 · highest-to-lowest	21.5 / 100	11.5 (world = 100)	0.0%	150 of 206 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Armenia	2000	$2.04B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	5.9%	53 of 206 · highest-to-lowest	74.6 / 100	+1.4 pp vs world	$652	160 of 206 · highest-to-lowest	22.4 / 100	11.9 (world = 100)	0.0%	149 of 206 · highest-to-lowest	27.8 / 100	-100.0 pp vs world
Armenia	2001	$2.26B	148 of 206 · highest-to-lowest	28.3 / 100	0.0 (world = 100)	9.6%	12 of 206 · highest-to-lowest	94.6 / 100	+7.5 pp vs world	$732	154 of 206 · highest-to-lowest	25.4 / 100	13.6 (world = 100)	0.0%	148 of 206 · highest-to-lowest	28.3 / 100	-100.0 pp vs world
Armenia	2002	$2.53B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	15.1%	6 of 206 · highest-to-lowest	97.6 / 100	+12.8 pp vs world	$829	150 of 206 · highest-to-lowest	27.3 / 100	15.0 (world = 100)	0.0%	149 of 206 · highest-to-lowest	27.8 / 100	-100.0 pp vs world
Armenia	2003	$2.99B	150 of 206 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	14.0%	6 of 206 · highest-to-lowest	97.6 / 100	+11.0 pp vs world	$985	149 of 206 · highest-to-lowest	27.8 / 100	16.1 (world = 100)	0.0%	150 of 206 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Armenia	2004	$3.81B	147 of 206 · highest-to-lowest	28.8 / 100	0.0 (world = 100)	10.5%	19 of 206 · highest-to-lowest	91.2 / 100	+6.1 pp vs world	$1,262	142 of 206 · highest-to-lowest	31.2 / 100	18.5 (world = 100)	0.0%	147 of 206 · highest-to-lowest	28.8 / 100	-100.0 pp vs world
Armenia	2005	$5.23B	140 of 208 · highest-to-lowest	32.9 / 100	0.0 (world = 100)	13.9%	6 of 206 · highest-to-lowest	97.6 / 100	+9.9 pp vs world	$1,738	140 of 208 · highest-to-lowest	32.9 / 100	23.9 (world = 100)	0.0%	140 of 208 · highest-to-lowest	32.9 / 100	-100.0 pp vs world
Armenia	2006	$6.81B	135 of 208 · highest-to-lowest	35.3 / 100	0.0 (world = 100)	13.2%	13 of 208 · highest-to-lowest	94.2 / 100	+8.8 pp vs world	$2,277	133 of 208 · highest-to-lowest	36.2 / 100	29.2 (world = 100)	0.0%	135 of 208 · highest-to-lowest	35.3 / 100	-100.0 pp vs world
Armenia	2007	$9.82B	124 of 208 · highest-to-lowest	40.6 / 100	0.0 (world = 100)	13.7%	14 of 208 · highest-to-lowest	93.7 / 100	+9.4 pp vs world	$3,300	124 of 208 · highest-to-lowest	40.6 / 100	38.0 (world = 100)	0.0%	124 of 208 · highest-to-lowest	40.6 / 100	-100.0 pp vs world
Armenia	2008	$12.44B	122 of 210 · highest-to-lowest	42.1 / 100	0.0 (world = 100)	6.9%	47 of 208 · highest-to-lowest	77.8 / 100	+4.9 pp vs world	$4,202	119 of 210 · highest-to-lowest	43.5 / 100	44.6 (world = 100)	0.0%	122 of 210 · highest-to-lowest	42.1 / 100	-100.0 pp vs world
Armenia	2009	$9.22B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	-14.1%	203 of 210 · highest-to-lowest	3.3 / 100	-12.7 pp vs world	$3,131	130 of 210 · highest-to-lowest	38.3 / 100	35.5 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2010	$9.88B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	2.2%	144 of 210 · highest-to-lowest	31.6 / 100	-2.2 pp vs world	$3,369	131 of 210 · highest-to-lowest	37.8 / 100	35.3 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2011	$10.82B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	4.7%	83 of 210 · highest-to-lowest	60.8 / 100	+1.4 pp vs world	$3,700	133 of 210 · highest-to-lowest	36.8 / 100	35.3 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2012	$10.62B	138 of 210 · highest-to-lowest	34.4 / 100	0.0 (world = 100)	7.2%	36 of 210 · highest-to-lowest	83.3 / 100	+4.4 pp vs world	$3,634	135 of 210 · highest-to-lowest	35.9 / 100	34.4 (world = 100)	0.0%	138 of 210 · highest-to-lowest	34.4 / 100	-100.0 pp vs world
Armenia	2013	$11.12B	139 of 210 · highest-to-lowest	34.0 / 100	0.0 (world = 100)	3.3%	107 of 210 · highest-to-lowest	49.3 / 100	+0.4 pp vs world	$3,805	134 of 210 · highest-to-lowest	36.4 / 100	35.4 (world = 100)	0.0%	139 of 210 · highest-to-lowest	34.0 / 100	-100.0 pp vs world
Armenia	2014	$11.61B	141 of 210 · highest-to-lowest	33.0 / 100	0.0 (world = 100)	3.6%	102 of 210 · highest-to-lowest	51.7 / 100	+0.6 pp vs world	$3,973	132 of 210 · highest-to-lowest	37.3 / 100	36.4 (world = 100)	0.0%	141 of 210 · highest-to-lowest	33.0 / 100	-100.0 pp vs world
Armenia	2015	$10.55B	142 of 210 · highest-to-lowest	32.5 / 100	0.0 (world = 100)	3.2%	100 of 210 · highest-to-lowest	52.6 / 100	+0.1 pp vs world	$3,613	135 of 210 · highest-to-lowest	35.9 / 100	35.5 (world = 100)	0.0%	142 of 210 · highest-to-lowest	32.5 / 100	-100.0 pp vs world
Armenia	2016	$10.55B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	0.2%	181 of 210 · highest-to-lowest	13.9 / 100	-2.6 pp vs world	$3,613	137 of 210 · highest-to-lowest	34.9 / 100	35.3 (world = 100)	0.0%	143 of 210 · highest-to-lowest	32.1 / 100	-100.0 pp vs world
Armenia	2017	$11.53B	141 of 210 · highest-to-lowest	33.0 / 100	0.0 (world = 100)	7.5%	15 of 210 · highest-to-lowest	93.3 / 100	+4.1 pp vs world	$3,955	135 of 210 · highest-to-lowest	35.9 / 100	36.7 (world = 100)	0.0%	141 of 210 · highest-to-lowest	33.0 / 100	-100.0 pp vs world
Armenia	2018	$12.46B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	5.2%	50 of 210 · highest-to-lowest	76.6 / 100	+1.9 pp vs world	$4,281	131 of 210 · highest-to-lowest	37.8 / 100	37.9 (world = 100)	0.0%	143 of 210 · highest-to-lowest	32.1 / 100	-100.0 pp vs world
Armenia	2019	$13.62B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	7.6%	15 of 210 · highest-to-lowest	93.3 / 100	+5.0 pp vs world	$4,690	125 of 210 · highest-to-lowest	40.7 / 100	41.3 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2020	$12.64B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	-7.2%	147 of 210 · highest-to-lowest	30.1 / 100	-4.2 pp vs world	$4,373	123 of 210 · highest-to-lowest	41.6 / 100	39.9 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2021	$13.88B	138 of 210 · highest-to-lowest	34.4 / 100	0.0 (world = 100)	5.8%	93 of 210 · highest-to-lowest	56.0 / 100	-0.6 pp vs world	$4,835	125 of 210 · highest-to-lowest	40.7 / 100	38.9 (world = 100)	0.0%	138 of 210 · highest-to-lowest	34.4 / 100	-100.0 pp vs world
Armenia	2022	$19.51B	120 of 210 · highest-to-lowest	43.1 / 100	0.0 (world = 100)	12.6%	12 of 210 · highest-to-lowest	94.7 / 100	+9.3 pp vs world	$6,774	109 of 210 · highest-to-lowest	48.3 / 100	52.9 (world = 100)	0.0%	120 of 210 · highest-to-lowest	43.1 / 100	-100.0 pp vs world
Armenia	2023	$24.19B	118 of 210 · highest-to-lowest	44.0 / 100	0.0 (world = 100)	8.3%	14 of 210 · highest-to-lowest	93.8 / 100	+5.4 pp vs world	$8,217	102 of 210 · highest-to-lowest	51.7 / 100	62.0 (world = 100)	0.0%	118 of 210 · highest-to-lowest	44.0 / 100	-100.0 pp vs world
Armenia	2024	$25.96B	115 of 210 · highest-to-lowest	45.5 / 100	0.0 (world = 100)	5.9%	29 of 210 · highest-to-lowest	86.6 / 100	+3.0 pp vs world	$8,728	103 of 210 · highest-to-lowest	51.2 / 100	63.8 (world = 100)	0.0%	115 of 210 · highest-to-lowest	45.5 / 100	-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 126 of 210 · highest-to-lowest

Share of world GDP0.0%2024 · Derived measure · World rank 115 of 210 · highest-to-lowest

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.

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From yearTo year

Showing 35 of 35 rows

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

Armenia	1990	$2.30B	144 of 206 · highest-to-lowest	30.2 / 100	0.0 (world = 100)	$6.08B	124 of 206 · highest-to-lowest	40.0 / 100	0.0 (world = 100)	0.0%	144 of 206 · highest-to-lowest	30.2 / 100	-100.0 pp vs world
Armenia	1991	$2.10B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	$5.37B	127 of 206 · highest-to-lowest	38.5 / 100	0.0 (world = 100)	0.0%	146 of 206 · highest-to-lowest	29.3 / 100	-100.0 pp vs world
Armenia	1992	$1.25B	161 of 206 · highest-to-lowest	22.0 / 100	0.0 (world = 100)	$3.13B	150 of 206 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	0.0%	161 of 206 · highest-to-lowest	22.0 / 100	-100.0 pp vs world
Armenia	1993	$1.17B	164 of 206 · highest-to-lowest	20.5 / 100	0.0 (world = 100)	$2.85B	152 of 206 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	0.0%	164 of 206 · highest-to-lowest	20.5 / 100	-100.0 pp vs world
Armenia	1994	$1.26B	161 of 206 · highest-to-lowest	22.0 / 100	0.0 (world = 100)	$3.00B	150 of 206 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	0.0%	161 of 206 · highest-to-lowest	22.0 / 100	-100.0 pp vs world
Armenia	1995	$1.37B	160 of 206 · highest-to-lowest	22.4 / 100	0.0 (world = 100)	$3.21B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	160 of 206 · highest-to-lowest	22.4 / 100	-100.0 pp vs world
Armenia	1996	$1.70B	157 of 206 · highest-to-lowest	23.9 / 100	0.0 (world = 100)	$3.40B	148 of 206 · highest-to-lowest	28.3 / 100	0.0 (world = 100)	0.0%	157 of 206 · highest-to-lowest	23.9 / 100	-100.0 pp vs world
Armenia	1997	$1.75B	158 of 206 · highest-to-lowest	23.4 / 100	0.0 (world = 100)	$3.51B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	158 of 206 · highest-to-lowest	23.4 / 100	-100.0 pp vs world
Armenia	1998	$2.02B	152 of 206 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	$3.77B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	152 of 206 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Armenia	1999	$1.97B	150 of 206 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	$3.89B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	150 of 206 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Armenia	2000	$2.04B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	$4.12B	147 of 206 · highest-to-lowest	28.8 / 100	0.0 (world = 100)	0.0%	149 of 206 · highest-to-lowest	27.8 / 100	-100.0 pp vs world
Armenia	2001	$2.26B	148 of 206 · highest-to-lowest	28.3 / 100	0.0 (world = 100)	$4.52B	148 of 206 · highest-to-lowest	28.3 / 100	0.0 (world = 100)	0.0%	148 of 206 · highest-to-lowest	28.3 / 100	-100.0 pp vs world
Armenia	2002	$2.53B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	$5.20B	144 of 206 · highest-to-lowest	30.2 / 100	0.0 (world = 100)	0.0%	149 of 206 · highest-to-lowest	27.8 / 100	-100.0 pp vs world
Armenia	2003	$2.99B	150 of 206 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	$5.93B	141 of 206 · highest-to-lowest	31.7 / 100	0.0 (world = 100)	0.0%	150 of 206 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Armenia	2004	$3.81B	147 of 206 · highest-to-lowest	28.8 / 100	0.0 (world = 100)	$6.55B	140 of 206 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	0.0%	147 of 206 · highest-to-lowest	28.8 / 100	-100.0 pp vs world
Armenia	2005	$5.23B	140 of 208 · highest-to-lowest	32.9 / 100	0.0 (world = 100)	$7.46B	137 of 208 · highest-to-lowest	34.3 / 100	0.0 (world = 100)	0.0%	140 of 208 · highest-to-lowest	32.9 / 100	-100.0 pp vs world
Armenia	2006	$6.81B	135 of 208 · highest-to-lowest	35.3 / 100	0.0 (world = 100)	$8.44B	133 of 208 · highest-to-lowest	36.2 / 100	0.0 (world = 100)	0.0%	135 of 208 · highest-to-lowest	35.3 / 100	-100.0 pp vs world
Armenia	2007	$9.82B	124 of 208 · highest-to-lowest	40.6 / 100	0.0 (world = 100)	$9.60B	128 of 208 · highest-to-lowest	38.6 / 100	0.0 (world = 100)	0.0%	124 of 208 · highest-to-lowest	40.6 / 100	-100.0 pp vs world
Armenia	2008	$12.44B	122 of 210 · highest-to-lowest	42.1 / 100	0.0 (world = 100)	$10.27B	129 of 210 · highest-to-lowest	38.8 / 100	0.0 (world = 100)	0.0%	122 of 210 · highest-to-lowest	42.1 / 100	-100.0 pp vs world
Armenia	2009	$9.22B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	$8.82B	138 of 210 · highest-to-lowest	34.4 / 100	0.0 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2010	$9.88B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	$9.01B	139 of 210 · highest-to-lowest	34.0 / 100	0.0 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2011	$10.82B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	$9.43B	142 of 210 · highest-to-lowest	32.5 / 100	0.0 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2012	$10.62B	138 of 210 · highest-to-lowest	34.4 / 100	0.0 (world = 100)	$10.11B	140 of 210 · highest-to-lowest	33.5 / 100	0.0 (world = 100)	0.0%	138 of 210 · highest-to-lowest	34.4 / 100	-100.0 pp vs world
Armenia	2013	$11.12B	139 of 210 · highest-to-lowest	34.0 / 100	0.0 (world = 100)	$10.43B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	0.0%	139 of 210 · highest-to-lowest	34.0 / 100	-100.0 pp vs world
Armenia	2014	$11.61B	141 of 210 · highest-to-lowest	33.0 / 100	0.0 (world = 100)	$10.81B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	0.0%	141 of 210 · highest-to-lowest	33.0 / 100	-100.0 pp vs world
Armenia	2015	$10.55B	142 of 210 · highest-to-lowest	32.5 / 100	0.0 (world = 100)	$11.16B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	0.0%	142 of 210 · highest-to-lowest	32.5 / 100	-100.0 pp vs world
Armenia	2016	$10.55B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	$11.18B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	0.0%	143 of 210 · highest-to-lowest	32.1 / 100	-100.0 pp vs world
Armenia	2017	$11.53B	141 of 210 · highest-to-lowest	33.0 / 100	0.0 (world = 100)	$12.03B	138 of 210 · highest-to-lowest	34.4 / 100	0.0 (world = 100)	0.0%	141 of 210 · highest-to-lowest	33.0 / 100	-100.0 pp vs world
Armenia	2018	$12.46B	143 of 210 · highest-to-lowest	32.1 / 100	0.0 (world = 100)	$12.65B	137 of 210 · highest-to-lowest	34.9 / 100	0.0 (world = 100)	0.0%	143 of 210 · highest-to-lowest	32.1 / 100	-100.0 pp vs world
Armenia	2019	$13.62B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	$13.62B	134 of 210 · highest-to-lowest	36.4 / 100	0.0 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2020	$12.64B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	$12.64B	136 of 210 · highest-to-lowest	35.4 / 100	0.0 (world = 100)	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2021	$13.88B	138 of 210 · highest-to-lowest	34.4 / 100	0.0 (world = 100)	$13.37B	135 of 210 · highest-to-lowest	35.9 / 100	0.0 (world = 100)	0.0%	138 of 210 · highest-to-lowest	34.4 / 100	-100.0 pp vs world
Armenia	2022	$19.51B	120 of 210 · highest-to-lowest	43.1 / 100	0.0 (world = 100)	$15.06B	130 of 210 · highest-to-lowest	38.3 / 100	0.0 (world = 100)	0.0%	120 of 210 · highest-to-lowest	43.1 / 100	-100.0 pp vs world
Armenia	2023	$24.19B	118 of 210 · highest-to-lowest	44.0 / 100	0.0 (world = 100)	$16.31B	127 of 210 · highest-to-lowest	39.7 / 100	0.0 (world = 100)	0.0%	118 of 210 · highest-to-lowest	44.0 / 100	-100.0 pp vs world
Armenia	2024	$25.96B	115 of 210 · highest-to-lowest	45.5 / 100	0.0 (world = 100)	$17.27B	126 of 210 · highest-to-lowest	40.2 / 100	0.0 (world = 100)	0.0%	115 of 210 · highest-to-lowest	45.5 / 100	-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 117 of 210 · highest-to-lowest

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	160 of 206 · highest-to-lowest	22.4 / 100	14.9 (world = 100)	$1,712	141 of 206 · highest-to-lowest	31.7 / 100	23.9 (world = 100)
Armenia	1991	$582	164 of 206 · highest-to-lowest	20.5 / 100	13.0 (world = 100)	$1,486	146 of 206 · highest-to-lowest	29.3 / 100	20.9 (world = 100)
Armenia	1992	$351	183 of 206 · highest-to-lowest	11.2 / 100	7.4 (world = 100)	$876	167 of 206 · highest-to-lowest	19.0 / 100	12.2 (world = 100)
Armenia	1993	$338	184 of 206 · highest-to-lowest	10.7 / 100	7.1 (world = 100)	$826	167 of 206 · highest-to-lowest	19.0 / 100	11.5 (world = 100)
Armenia	1994	$374	173 of 206 · highest-to-lowest	16.1 / 100	7.5 (world = 100)	$893	166 of 206 · highest-to-lowest	19.5 / 100	12.2 (world = 100)
Armenia	1995	$415	172 of 206 · highest-to-lowest	16.6 / 100	7.6 (world = 100)	$971	164 of 206 · highest-to-lowest	20.5 / 100	13.1 (world = 100)
Armenia	1996	$519	168 of 206 · highest-to-lowest	18.5 / 100	9.5 (world = 100)	$1,037	164 of 206 · highest-to-lowest	20.5 / 100	13.7 (world = 100)
Armenia	1997	$538	167 of 206 · highest-to-lowest	19.0 / 100	10.0 (world = 100)	$1,082	163 of 206 · highest-to-lowest	21.0 / 100	14.0 (world = 100)
Armenia	1998	$629	160 of 206 · highest-to-lowest	22.4 / 100	11.9 (world = 100)	$1,176	161 of 206 · highest-to-lowest	22.0 / 100	15.0 (world = 100)
Armenia	1999	$621	162 of 206 · highest-to-lowest	21.5 / 100	11.5 (world = 100)	$1,230	161 of 206 · highest-to-lowest	22.0 / 100	15.3 (world = 100)
Armenia	2000	$652	160 of 206 · highest-to-lowest	22.4 / 100	11.9 (world = 100)	$1,319	156 of 206 · highest-to-lowest	24.4 / 100	15.9 (world = 100)
Armenia	2001	$732	154 of 206 · highest-to-lowest	25.4 / 100	13.6 (world = 100)	$1,465	151 of 206 · highest-to-lowest	26.8 / 100	17.6 (world = 100)
Armenia	2002	$829	150 of 206 · highest-to-lowest	27.3 / 100	15.0 (world = 100)	$1,701	145 of 206 · highest-to-lowest	29.8 / 100	20.2 (world = 100)
Armenia	2003	$985	149 of 206 · highest-to-lowest	27.8 / 100	16.1 (world = 100)	$1,951	142 of 206 · highest-to-lowest	31.2 / 100	22.8 (world = 100)
Armenia	2004	$1,262	142 of 206 · highest-to-lowest	31.2 / 100	18.5 (world = 100)	$2,167	139 of 206 · highest-to-lowest	32.7 / 100	24.6 (world = 100)
Armenia	2005	$1,738	140 of 208 · highest-to-lowest	32.9 / 100	23.9 (world = 100)	$2,480	138 of 208 · highest-to-lowest	33.8 / 100	27.4 (world = 100)
Armenia	2006	$2,277	133 of 208 · highest-to-lowest	36.2 / 100	29.2 (world = 100)	$2,823	136 of 208 · highest-to-lowest	34.8 / 100	30.3 (world = 100)
Armenia	2007	$3,300	124 of 208 · highest-to-lowest	40.6 / 100	38.0 (world = 100)	$3,227	134 of 208 · highest-to-lowest	35.7 / 100	33.6 (world = 100)
Armenia	2008	$4,202	119 of 210 · highest-to-lowest	43.5 / 100	44.6 (world = 100)	$3,469	130 of 210 · highest-to-lowest	38.3 / 100	35.8 (world = 100)
Armenia	2009	$3,131	130 of 210 · highest-to-lowest	38.3 / 100	35.5 (world = 100)	$2,993	136 of 210 · highest-to-lowest	35.4 / 100	31.8 (world = 100)
Armenia	2010	$3,369	131 of 210 · highest-to-lowest	37.8 / 100	35.3 (world = 100)	$3,074	136 of 210 · highest-to-lowest	35.4 / 100	31.6 (world = 100)
Armenia	2011	$3,700	133 of 210 · highest-to-lowest	36.8 / 100	35.3 (world = 100)	$3,226	137 of 210 · highest-to-lowest	34.9 / 100	32.6 (world = 100)
Armenia	2012	$3,634	135 of 210 · highest-to-lowest	35.9 / 100	34.4 (world = 100)	$3,458	133 of 210 · highest-to-lowest	36.8 / 100	34.4 (world = 100)
Armenia	2013	$3,805	134 of 210 · highest-to-lowest	36.4 / 100	35.4 (world = 100)	$3,570	133 of 210 · highest-to-lowest	36.8 / 100	35.0 (world = 100)
Armenia	2014	$3,973	132 of 210 · highest-to-lowest	37.3 / 100	36.4 (world = 100)	$3,700	131 of 210 · highest-to-lowest	37.8 / 100	35.6 (world = 100)
Armenia	2015	$3,613	135 of 210 · highest-to-lowest	35.9 / 100	35.5 (world = 100)	$3,822	132 of 210 · highest-to-lowest	37.3 / 100	36.1 (world = 100)
Armenia	2016	$3,613	137 of 210 · highest-to-lowest	34.9 / 100	35.3 (world = 100)	$3,832	133 of 210 · highest-to-lowest	36.8 / 100	35.6 (world = 100)
Armenia	2017	$3,955	135 of 210 · highest-to-lowest	35.9 / 100	36.7 (world = 100)	$4,125	130 of 210 · highest-to-lowest	38.3 / 100	37.5 (world = 100)
Armenia	2018	$4,281	131 of 210 · highest-to-lowest	37.8 / 100	37.9 (world = 100)	$4,348	127 of 210 · highest-to-lowest	39.7 / 100	38.7 (world = 100)
Armenia	2019	$4,690	125 of 210 · highest-to-lowest	40.7 / 100	41.3 (world = 100)	$4,689	123 of 210 · highest-to-lowest	41.6 / 100	41.1 (world = 100)
Armenia	2020	$4,373	123 of 210 · highest-to-lowest	41.6 / 100	39.9 (world = 100)	$4,373	123 of 210 · highest-to-lowest	41.6 / 100	39.9 (world = 100)
Armenia	2021	$4,835	125 of 210 · highest-to-lowest	40.7 / 100	38.9 (world = 100)	$4,660	123 of 210 · highest-to-lowest	41.6 / 100	40.3 (world = 100)
Armenia	2022	$6,774	109 of 210 · highest-to-lowest	48.3 / 100	52.9 (world = 100)	$5,227	118 of 210 · highest-to-lowest	44.0 / 100	44.1 (world = 100)
Armenia	2023	$8,217	102 of 210 · highest-to-lowest	51.7 / 100	62.0 (world = 100)	$5,542	119 of 210 · highest-to-lowest	43.5 / 100	45.8 (world = 100)
Armenia	2024	$8,728	103 of 210 · highest-to-lowest	51.2 / 100	63.8 (world = 100)	$5,807	117 of 210 · highest-to-lowest	44.5 / 100	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 113 of 210 · highest-to-lowest

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	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	0.0	192 of 206 · highest-to-lowest	6.8 / 100
Armenia	1991	-11.7%	194 of 206 · highest-to-lowest	5.9 / 100	-12.9 pp vs world	-13.2%	197 of 206 · highest-to-lowest	4.4 / 100	-12.7 pp vs world	0.0	192 of 206 · highest-to-lowest	6.8 / 100
Armenia	1992	-41.8%	205 of 206 · highest-to-lowest	0.5 / 100	-43.8 pp vs world	-41.1%	205 of 206 · highest-to-lowest	0.5 / 100	-41.5 pp vs world	0.0	194 of 206 · highest-to-lowest	5.9 / 100
Armenia	1993	-8.8%	187 of 206 · highest-to-lowest	9.3 / 100	-10.5 pp vs world	-5.7%	180 of 206 · highest-to-lowest	12.7 / 100	-5.9 pp vs world	0.3	191 of 206 · highest-to-lowest	7.3 / 100
Armenia	1994	5.3%	65 of 206 · highest-to-lowest	68.8 / 100	+2.0 pp vs world	8.1%	15 of 206 · highest-to-lowest	93.2 / 100	+6.3 pp vs world	13.6	157 of 206 · highest-to-lowest	23.9 / 100
Armenia	1995	6.9%	48 of 206 · highest-to-lowest	77.1 / 100	+3.8 pp vs world	8.7%	19 of 206 · highest-to-lowest	91.2 / 100	+7.1 pp vs world	35.5	115 of 206 · highest-to-lowest	44.4 / 100
Armenia	1996	5.9%	67 of 206 · highest-to-lowest	67.8 / 100	+2.3 pp vs world	6.8%	30 of 206 · highest-to-lowest	85.9 / 100	+4.8 pp vs world	42.4	109 of 206 · highest-to-lowest	47.3 / 100
Armenia	1997	3.3%	132 of 206 · highest-to-lowest	36.1 / 100	-0.6 pp vs world	4.4%	65 of 206 · highest-to-lowest	68.8 / 100	+1.9 pp vs world	49.9	95 of 206 · highest-to-lowest	54.1 / 100
Armenia	1998	7.3%	35 of 206 · highest-to-lowest	83.4 / 100	+4.5 pp vs world	8.6%	16 of 206 · highest-to-lowest	92.7 / 100	+7.2 pp vs world	55.2	78 of 206 · highest-to-lowest	62.4 / 100
Armenia	1999	3.3%	109 of 206 · highest-to-lowest	47.3 / 100	-0.3 pp vs world	4.6%	48 of 206 · highest-to-lowest	77.1 / 100	+2.4 pp vs world	55.3	83 of 206 · highest-to-lowest	60.0 / 100
Armenia	2000	5.9%	53 of 206 · highest-to-lowest	74.6 / 100	+1.4 pp vs world	7.3%	23 of 206 · highest-to-lowest	89.3 / 100	+4.2 pp vs world	54.5	98 of 206 · highest-to-lowest	52.7 / 100
Armenia	2001	9.6%	12 of 206 · highest-to-lowest	94.6 / 100	+7.5 pp vs world	11.0%	6 of 206 · highest-to-lowest	97.6 / 100	+10.3 pp vs world	56.8	92 of 206 · highest-to-lowest	55.6 / 100
Armenia	2002	15.1%	6 of 206 · highest-to-lowest	97.6 / 100	+12.8 pp vs world	16.1%	3 of 206 · highest-to-lowest	99.0 / 100	+15.3 pp vs world	57.2	96 of 206 · highest-to-lowest	53.7 / 100
Armenia	2003	14.0%	6 of 206 · highest-to-lowest	97.6 / 100	+11.0 pp vs world	14.7%	2 of 206 · highest-to-lowest	99.5 / 100	+13.0 pp vs world	59.8	96 of 206 · highest-to-lowest	53.7 / 100
Armenia	2004	10.5%	19 of 206 · highest-to-lowest	91.2 / 100	+6.1 pp vs world	11.1%	15 of 206 · highest-to-lowest	93.2 / 100	+8.0 pp vs world	63.5	94 of 206 · highest-to-lowest	54.6 / 100
Armenia	2005	13.9%	6 of 206 · highest-to-lowest	97.6 / 100	+9.9 pp vs world	14.5%	2 of 206 · highest-to-lowest	99.5 / 100	+11.8 pp vs world	65.6	104 of 208 · highest-to-lowest	50.2 / 100
Armenia	2006	13.2%	13 of 208 · highest-to-lowest	94.2 / 100	+8.8 pp vs world	13.8%	7 of 208 · highest-to-lowest	97.1 / 100	+10.7 pp vs world	68.6	102 of 208 · highest-to-lowest	51.2 / 100
Armenia	2007	13.7%	14 of 208 · highest-to-lowest	93.7 / 100	+9.4 pp vs world	14.3%	8 of 208 · highest-to-lowest	96.6 / 100	+11.3 pp vs world	71.5	103 of 208 · highest-to-lowest	50.7 / 100
Armenia	2008	6.9%	47 of 208 · highest-to-lowest	77.8 / 100	+4.9 pp vs world	7.5%	20 of 208 · highest-to-lowest	90.8 / 100	+6.8 pp vs world	75.8	104 of 210 · highest-to-lowest	50.7 / 100
Armenia	2009	-14.1%	203 of 210 · highest-to-lowest	3.3 / 100	-12.7 pp vs world	-13.7%	201 of 210 · highest-to-lowest	4.3 / 100	-11.1 pp vs world	77.7	103 of 210 · highest-to-lowest	51.2 / 100
Armenia	2010	2.2%	144 of 210 · highest-to-lowest	31.6 / 100	-2.2 pp vs world	2.7%	107 of 210 · highest-to-lowest	49.3 / 100	-0.4 pp vs world	83.7	77 of 210 · highest-to-lowest	63.6 / 100
Armenia	2011	4.7%	83 of 210 · highest-to-lowest	60.8 / 100	+1.4 pp vs world	4.9%	53 of 210 · highest-to-lowest	75.1 / 100	+2.9 pp vs world	87.4	68 of 210 · highest-to-lowest	67.9 / 100
Armenia	2012	7.2%	36 of 210 · highest-to-lowest	83.3 / 100	+4.4 pp vs world	7.2%	19 of 210 · highest-to-lowest	91.4 / 100	+5.7 pp vs world	86.3	95 of 210 · highest-to-lowest	55.0 / 100
Armenia	2013	3.3%	107 of 210 · highest-to-lowest	49.3 / 100	+0.4 pp vs world	3.3%	67 of 210 · highest-to-lowest	68.4 / 100	+1.7 pp vs world	89.3	87 of 210 · highest-to-lowest	58.9 / 100
Armenia	2014	3.6%	102 of 210 · highest-to-lowest	51.7 / 100	+0.6 pp vs world	3.6%	63 of 210 · highest-to-lowest	70.3 / 100	+1.8 pp vs world	91.3	85 of 210 · highest-to-lowest	59.8 / 100
Armenia	2015	3.2%	100 of 210 · highest-to-lowest	52.6 / 100	+0.1 pp vs world	3.3%	69 of 210 · highest-to-lowest	67.5 / 100	+1.4 pp vs world	92.4	88 of 210 · highest-to-lowest	58.4 / 100
Armenia	2016	0.2%	181 of 210 · highest-to-lowest	13.9 / 100	-2.6 pp vs world	0.3%	157 of 210 · highest-to-lowest	25.4 / 100	-1.3 pp vs world	92.7	91 of 210 · highest-to-lowest	56.9 / 100
Armenia	2017	7.5%	15 of 210 · highest-to-lowest	93.3 / 100	+4.1 pp vs world	7.7%	9 of 210 · highest-to-lowest	96.2 / 100	+5.4 pp vs world	94.6	94 of 210 · highest-to-lowest	55.5 / 100
Armenia	2018	5.2%	50 of 210 · highest-to-lowest	76.6 / 100	+1.9 pp vs world	5.4%	27 of 210 · highest-to-lowest	87.6 / 100	+3.3 pp vs world	97.3	85 of 210 · highest-to-lowest	59.8 / 100
Armenia	2019	7.6%	15 of 210 · highest-to-lowest	93.3 / 100	+5.0 pp vs world	7.9%	6 of 210 · highest-to-lowest	97.6 / 100	+6.3 pp vs world	98.3	100 of 210 · highest-to-lowest	52.6 / 100
Armenia	2020	-7.2%	147 of 210 · highest-to-lowest	30.1 / 100	-4.2 pp vs world	-6.7%	133 of 210 · highest-to-lowest	36.8 / 100	-2.9 pp vs world	100.0	1 of 210 · highest-to-lowest	100.0 / 100
Armenia	2021	5.8%	93 of 210 · highest-to-lowest	56.0 / 100	-0.6 pp vs world	6.6%	65 of 210 · highest-to-lowest	69.4 / 100	+1.0 pp vs world	106.9	74 of 210 · highest-to-lowest	65.1 / 100
Armenia	2022	12.6%	12 of 210 · highest-to-lowest	94.7 / 100	+9.3 pp vs world	12.2%	10 of 210 · highest-to-lowest	95.7 / 100	+9.7 pp vs world	115.5	81 of 210 · highest-to-lowest	61.7 / 100
Armenia	2023	8.3%	14 of 210 · highest-to-lowest	93.8 / 100	+5.4 pp vs world	6.0%	17 of 210 · highest-to-lowest	92.3 / 100	+4.0 pp vs world	119.0	93 of 210 · highest-to-lowest	56.0 / 100
Armenia	2024	5.9%	29 of 210 · highest-to-lowest	86.6 / 100	+3.0 pp vs world	4.8%	33 of 210 · highest-to-lowest	84.7 / 100	+2.8 pp vs world	120.7	113 of 210 · highest-to-lowest	46.4 / 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

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 120 of 210 · highest-to-lowest

Household consumption66.9%2024 · Published series · World rank 89 of 209 · highest-to-lowest

Government consumption10.7%2024 · Published series · World rank 177 of 209 · highest-to-lowest

Domestic demand101.4%2024 · Derived measure · World rank 111 of 209 · highest-to-lowest

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.

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Showing 35 of 35 rows

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

Armenia	1990	66.9%	174 of 206 · highest-to-lowest	15.6 / 100	-7.9 pp vs world	50.1%	168 of 205 · highest-to-lowest	18.1 / 100	-8.0 pp vs world	16.8%	98 of 205 · highest-to-lowest	52.5 / 100	+0.2 pp vs world	114.1%	39 of 205 · highest-to-lowest	81.4 / 100	+13.5 pp vs world
Armenia	1991	75.9%	146 of 206 · highest-to-lowest	29.3 / 100	+0.8 pp vs world	57.5%	132 of 205 · highest-to-lowest	35.8 / 100	-0.6 pp vs world	18.3%	87 of 205 · highest-to-lowest	57.8 / 100	+1.5 pp vs world	115.5%	39 of 205 · highest-to-lowest	81.4 / 100	+15.2 pp vs world
Armenia	1992	112.1%	15 of 206 · highest-to-lowest	93.2 / 100	+36.9 pp vs world	94.4%	13 of 205 · highest-to-lowest	94.1 / 100	+36.1 pp vs world	17.7%	91 of 205 · highest-to-lowest	55.9 / 100	+0.9 pp vs world	113.8%	47 of 205 · highest-to-lowest	77.5 / 100	+13.8 pp vs world
Armenia	1993	110.6%	17 of 206 · highest-to-lowest	92.2 / 100	+35.0 pp vs world	92.9%	14 of 205 · highest-to-lowest	93.6 / 100	+34.1 pp vs world	17.7%	96 of 205 · highest-to-lowest	53.4 / 100	+1.0 pp vs world	120.3%	25 of 205 · highest-to-lowest	88.2 / 100	+20.6 pp vs world
Armenia	1994	102.9%	26 of 206 · highest-to-lowest	87.8 / 100	+27.4 pp vs world	93.2%	12 of 205 · highest-to-lowest	94.6 / 100	+34.3 pp vs world	9.7%	170 of 205 · highest-to-lowest	17.2 / 100	-6.9 pp vs world	126.2%	21 of 205 · highest-to-lowest	90.2 / 100	+26.3 pp vs world
Armenia	1995	114.3%	11 of 206 · highest-to-lowest	95.1 / 100	+39.4 pp vs world	104.8%	4 of 205 · highest-to-lowest	98.5 / 100	+46.3 pp vs world	9.6%	171 of 205 · highest-to-lowest	16.7 / 100	-6.8 pp vs world	132.7%	15 of 205 · highest-to-lowest	93.1 / 100	+33.2 pp vs world
Armenia	1996	108.6%	15 of 206 · highest-to-lowest	93.2 / 100	+33.6 pp vs world	99.0%	5 of 205 · highest-to-lowest	98.0 / 100	+40.2 pp vs world	9.6%	173 of 205 · highest-to-lowest	15.7 / 100	-6.6 pp vs world	128.6%	17 of 205 · highest-to-lowest	92.2 / 100	+29.1 pp vs world
Armenia	1997	111.6%	13 of 206 · highest-to-lowest	94.1 / 100	+36.6 pp vs world	102.0%	4 of 205 · highest-to-lowest	98.5 / 100	+43.0 pp vs world	9.6%	176 of 205 · highest-to-lowest	14.2 / 100	-6.4 pp vs world	130.6%	15 of 205 · highest-to-lowest	93.1 / 100	+31.2 pp vs world
Armenia	1998	108.1%	12 of 206 · highest-to-lowest	94.6 / 100	+32.5 pp vs world	98.7%	4 of 205 · highest-to-lowest	98.5 / 100	+39.1 pp vs world	9.5%	181 of 205 · highest-to-lowest	11.8 / 100	-6.6 pp vs world	127.2%	19 of 205 · highest-to-lowest	91.2 / 100	+27.6 pp vs world
Armenia	1999	105.2%	20 of 206 · highest-to-lowest	90.7 / 100	+29.4 pp vs world	95.0%	7 of 205 · highest-to-lowest	97.1 / 100	+35.2 pp vs world	10.2%	175 of 205 · highest-to-lowest	14.7 / 100	-5.9 pp vs world	123.5%	24 of 205 · highest-to-lowest	88.7 / 100	+23.7 pp vs world
Armenia	2000	105.8%	20 of 206 · highest-to-lowest	90.7 / 100	+30.3 pp vs world	95.7%	10 of 205 · highest-to-lowest	95.6 / 100	+36.1 pp vs world	10.1%	174 of 205 · highest-to-lowest	15.2 / 100	-5.8 pp vs world	124.4%	21 of 205 · highest-to-lowest	90.2 / 100	+24.6 pp vs world
Armenia	2001	101.9%	21 of 206 · highest-to-lowest	90.2 / 100	+25.4 pp vs world	92.2%	9 of 205 · highest-to-lowest	96.1 / 100	+32.1 pp vs world	9.7%	180 of 205 · highest-to-lowest	12.3 / 100	-6.6 pp vs world	121.6%	25 of 205 · highest-to-lowest	88.2 / 100	+21.6 pp vs world
Armenia	2002	96.4%	37 of 206 · highest-to-lowest	82.4 / 100	+19.5 pp vs world	87.8%	18 of 205 · highest-to-lowest	91.7 / 100	+27.6 pp vs world	8.6%	185 of 205 · highest-to-lowest	9.8 / 100	-8.1 pp vs world	117.9%	35 of 205 · highest-to-lowest	83.3 / 100	+18.1 pp vs world
Armenia	2003	90.8%	54 of 206 · highest-to-lowest	74.1 / 100	+14.1 pp vs world	82.1%	32 of 205 · highest-to-lowest	84.8 / 100	+22.3 pp vs world	8.7%	186 of 205 · highest-to-lowest	9.3 / 100	-8.1 pp vs world	115.0%	46 of 205 · highest-to-lowest	77.9 / 100	+15.1 pp vs world
Armenia	2004	90.0%	55 of 206 · highest-to-lowest	73.7 / 100	+14.1 pp vs world	81.3%	36 of 205 · highest-to-lowest	82.8 / 100	+22.2 pp vs world	8.7%	184 of 205 · highest-to-lowest	10.3 / 100	-8.0 pp vs world	114.8%	51 of 205 · highest-to-lowest	75.5 / 100	+15.0 pp vs world
Armenia	2005	83.5%	88 of 208 · highest-to-lowest	58.0 / 100	+8.1 pp vs world	74.4%	61 of 207 · highest-to-lowest	70.9 / 100	+15.7 pp vs world	9.0%	185 of 207 · highest-to-lowest	10.7 / 100	-7.6 pp vs world	113.8%	63 of 207 · highest-to-lowest	69.9 / 100	+14.2 pp vs world
Armenia	2006	79.9%	104 of 208 · highest-to-lowest	50.2 / 100	+5.4 pp vs world	71.2%	72 of 207 · highest-to-lowest	65.5 / 100	+13.2 pp vs world	8.6%	188 of 207 · highest-to-lowest	9.2 / 100	-7.8 pp vs world	115.7%	59 of 207 · highest-to-lowest	71.8 / 100	+16.3 pp vs world
Armenia	2007	79.3%	105 of 208 · highest-to-lowest	49.8 / 100	+5.4 pp vs world	70.6%	78 of 207 · highest-to-lowest	62.6 / 100	+13.1 pp vs world	8.7%	187 of 207 · highest-to-lowest	9.7 / 100	-7.7 pp vs world	117.0%	56 of 207 · highest-to-lowest	73.3 / 100	+17.7 pp vs world
Armenia	2008	79.3%	111 of 210 · highest-to-lowest	47.4 / 100	+5.4 pp vs world	70.5%	81 of 209 · highest-to-lowest	61.5 / 100	+13.4 pp vs world	8.8%	187 of 209 · highest-to-lowest	10.6 / 100	-8.1 pp vs world	120.1%	52 of 209 · highest-to-lowest	75.5 / 100	+20.7 pp vs world
Armenia	2009	90.6%	68 of 210 · highest-to-lowest	67.9 / 100	+14.6 pp vs world	79.2%	48 of 209 · highest-to-lowest	77.4 / 100	+21.1 pp vs world	11.4%	169 of 209 · highest-to-lowest	19.2 / 100	-6.5 pp vs world	125.2%	24 of 209 · highest-to-lowest	88.9 / 100	+25.8 pp vs world
Armenia	2010	92.0%	55 of 210 · highest-to-lowest	74.2 / 100	+17.5 pp vs world	80.8%	37 of 209 · highest-to-lowest	82.7 / 100	+23.7 pp vs world	11.2%	166 of 209 · highest-to-lowest	20.7 / 100	-6.3 pp vs world	124.8%	34 of 209 · highest-to-lowest	84.1 / 100	+25.7 pp vs world
Armenia	2011	93.5%	49 of 210 · highest-to-lowest	77.0 / 100	+19.7 pp vs world	82.5%	33 of 209 · highest-to-lowest	84.6 / 100	+25.9 pp vs world	11.1%	168 of 209 · highest-to-lowest	19.7 / 100	-6.2 pp vs world	120.7%	44 of 209 · highest-to-lowest	79.3 / 100	+21.7 pp vs world
Armenia	2012	96.8%	42 of 210 · highest-to-lowest	80.4 / 100	+23.1 pp vs world	85.9%	28 of 209 · highest-to-lowest	87.0 / 100	+29.3 pp vs world	10.9%	177 of 209 · highest-to-lowest	15.4 / 100	-6.2 pp vs world	121.5%	42 of 209 · highest-to-lowest	80.3 / 100	+22.4 pp vs world
Armenia	2013	98.7%	40 of 210 · highest-to-lowest	81.3 / 100	+25.1 pp vs world	86.8%	25 of 209 · highest-to-lowest	88.5 / 100	+30.2 pp vs world	11.9%	162 of 209 · highest-to-lowest	22.6 / 100	-5.0 pp vs world	120.9%	37 of 209 · highest-to-lowest	82.7 / 100	+21.8 pp vs world
Armenia	2014	97.6%	40 of 210 · highest-to-lowest	81.3 / 100	+24.1 pp vs world	85.5%	23 of 209 · highest-to-lowest	89.4 / 100	+28.9 pp vs world	12.1%	164 of 209 · highest-to-lowest	21.6 / 100	-4.7 pp vs world	118.9%	40 of 209 · highest-to-lowest	81.3 / 100	+19.6 pp vs world
Armenia	2015	91.0%	53 of 210 · highest-to-lowest	75.1 / 100	+17.3 pp vs world	77.9%	42 of 209 · highest-to-lowest	80.3 / 100	+20.8 pp vs world	13.1%	152 of 209 · highest-to-lowest	27.4 / 100	-3.5 pp vs world	111.8%	66 of 209 · highest-to-lowest	68.8 / 100	+12.3 pp vs world
Armenia	2016	89.8%	60 of 210 · highest-to-lowest	71.8 / 100	+15.9 pp vs world	76.3%	48 of 209 · highest-to-lowest	77.4 / 100	+19.1 pp vs world	13.5%	147 of 209 · highest-to-lowest	29.8 / 100	-3.1 pp vs world	107.8%	78 of 209 · highest-to-lowest	63.0 / 100	+8.5 pp vs world
Armenia	2017	92.3%	44 of 210 · highest-to-lowest	79.4 / 100	+19.0 pp vs world	80.0%	32 of 209 · highest-to-lowest	85.1 / 100	+23.1 pp vs world	12.3%	152 of 209 · highest-to-lowest	27.4 / 100	-4.1 pp vs world	110.8%	63 of 209 · highest-to-lowest	70.2 / 100	+11.5 pp vs world
Armenia	2018	91.3%	47 of 210 · highest-to-lowest	78.0 / 100	+18.5 pp vs world	79.8%	34 of 209 · highest-to-lowest	84.1 / 100	+23.5 pp vs world	11.5%	162 of 209 · highest-to-lowest	22.6 / 100	-4.9 pp vs world	113.7%	54 of 209 · highest-to-lowest	74.5 / 100	+14.6 pp vs world
Armenia	2019	96.0%	36 of 210 · highest-to-lowest	83.3 / 100	+23.0 pp vs world	83.4%	29 of 209 · highest-to-lowest	86.5 / 100	+27.0 pp vs world	12.6%	151 of 209 · highest-to-lowest	27.9 / 100	-4.0 pp vs world	113.4%	53 of 209 · highest-to-lowest	75.0 / 100	+14.0 pp vs world
Armenia	2020	90.3%	65 of 210 · highest-to-lowest	69.4 / 100	+17.1 pp vs world	75.3%	50 of 209 · highest-to-lowest	76.4 / 100	+19.9 pp vs world	15.0%	140 of 209 · highest-to-lowest	33.2 / 100	-2.8 pp vs world	110.0%	73 of 209 · highest-to-lowest	65.4 / 100	+10.5 pp vs world
Armenia	2021	84.9%	83 of 210 · highest-to-lowest	60.8 / 100	+13.0 pp vs world	71.2%	71 of 209 · highest-to-lowest	66.3 / 100	+16.3 pp vs world	13.6%	148 of 209 · highest-to-lowest	29.3 / 100	-3.3 pp vs world	107.9%	85 of 209 · highest-to-lowest	59.6 / 100	+8.9 pp vs world
Armenia	2022	78.6%	114 of 210 · highest-to-lowest	45.9 / 100	+6.6 pp vs world	66.9%	88 of 209 · highest-to-lowest	58.2 / 100	+11.4 pp vs world	11.7%	159 of 209 · highest-to-lowest	24.0 / 100	-4.7 pp vs world	101.0%	124 of 209 · highest-to-lowest	40.9 / 100	+1.8 pp vs world
Armenia	2023	77.9%	119 of 210 · highest-to-lowest	43.5 / 100	+5.0 pp vs world	65.8%	94 of 209 · highest-to-lowest	55.3 / 100	+9.4 pp vs world	12.1%	155 of 209 · highest-to-lowest	26.0 / 100	-4.4 pp vs world	100.9%	119 of 209 · highest-to-lowest	43.3 / 100	+1.6 pp vs world
Armenia	2024	77.6%	120 of 210 · highest-to-lowest	43.1 / 100	+4.4 pp vs world	66.9%	89 of 209 · highest-to-lowest	57.7 / 100	+10.3 pp vs world	10.7%	177 of 209 · highest-to-lowest	15.4 / 100	-5.9 pp vs world	101.4%	111 of 209 · highest-to-lowest	47.1 / 100	+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 89 of 209 · highest-to-lowest

Gross fixed capital formation21.4%2024 · Published series · World rank 116 of 209 · highest-to-lowest

Changes in inventories2.5%2024 · Published series · World rank 30 of 163 · highest-to-lowest

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.

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Showing 35 of 35 rows

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

Armenia	1990	47.2%	6 of 205 · highest-to-lowest	97.5 / 100	+21.4 pp vs world	44.3%	8 of 205 · highest-to-lowest	96.6 / 100	+19.3 pp vs world	2.8%	45 of 174 · highest-to-lowest	74.6 / 100	+2.1 pp vs world
Armenia	1991	39.7%	12 of 205 · highest-to-lowest	94.6 / 100	+14.5 pp vs world	28.4%	35 of 205 · highest-to-lowest	83.3 / 100	+4.1 pp vs world	11.3%	7 of 172 · highest-to-lowest	96.5 / 100	+10.4 pp vs world
Armenia	1992	1.6%	204 of 205 · highest-to-lowest	0.5 / 100	-23.1 pp vs world	16.9%	147 of 205 · highest-to-lowest	28.4 / 100	-7.0 pp vs world	-15.3%	165 of 167 · highest-to-lowest	1.2 / 100	-16.1 pp vs world
Armenia	1993	9.8%	193 of 205 · highest-to-lowest	5.9 / 100	-14.4 pp vs world	12.3%	187 of 205 · highest-to-lowest	8.8 / 100	-11.4 pp vs world	-2.6%	150 of 170 · highest-to-lowest	11.8 / 100	-3.1 pp vs world
Armenia	1994	23.4%	82 of 205 · highest-to-lowest	60.3 / 100	-1.0 pp vs world	20.3%	114 of 205 · highest-to-lowest	44.6 / 100	-3.4 pp vs world	3.1%	37 of 170 · highest-to-lowest	78.7 / 100	+2.3 pp vs world
Armenia	1995	18.4%	150 of 205 · highest-to-lowest	27.0 / 100	-6.2 pp vs world	16.2%	161 of 205 · highest-to-lowest	21.6 / 100	-7.5 pp vs world	2.2%	47 of 171 · highest-to-lowest	72.9 / 100	+1.3 pp vs world
Armenia	1996	19.9%	131 of 205 · highest-to-lowest	36.3 / 100	-4.5 pp vs world	17.9%	153 of 205 · highest-to-lowest	25.5 / 100	-5.8 pp vs world	2.0%	45 of 171 · highest-to-lowest	74.1 / 100	+1.4 pp vs world
Armenia	1997	19.0%	141 of 205 · highest-to-lowest	31.4 / 100	-5.3 pp vs world	16.2%	161 of 205 · highest-to-lowest	21.6 / 100	-7.3 pp vs world	2.8%	37 of 172 · highest-to-lowest	78.9 / 100	+1.9 pp vs world
Armenia	1998	19.1%	148 of 205 · highest-to-lowest	27.9 / 100	-4.9 pp vs world	16.2%	168 of 205 · highest-to-lowest	18.1 / 100	-7.1 pp vs world	2.8%	28 of 168 · highest-to-lowest	83.8 / 100	+2.2 pp vs world
Armenia	1999	18.3%	149 of 205 · highest-to-lowest	27.5 / 100	-5.6 pp vs world	16.4%	158 of 205 · highest-to-lowest	23.0 / 100	-7.0 pp vs world	1.9%	35 of 168 · highest-to-lowest	79.6 / 100	+1.4 pp vs world
Armenia	2000	18.6%	150 of 205 · highest-to-lowest	27.0 / 100	-5.7 pp vs world	18.5%	134 of 205 · highest-to-lowest	34.8 / 100	-5.2 pp vs world	0.1%	130 of 170 · highest-to-lowest	23.7 / 100	-0.5 pp vs world
Armenia	2001	19.7%	143 of 205 · highest-to-lowest	30.4 / 100	-3.9 pp vs world	17.7%	153 of 205 · highest-to-lowest	25.5 / 100	-5.6 pp vs world	2.0%	42 of 172 · highest-to-lowest	76.0 / 100	+1.7 pp vs world
Armenia	2002	21.6%	111 of 205 · highest-to-lowest	46.1 / 100	-1.4 pp vs world	21.1%	103 of 205 · highest-to-lowest	50.0 / 100	-1.6 pp vs world	0.5%	102 of 175 · highest-to-lowest	42.0 / 100	+0.2 pp vs world
Armenia	2003	24.2%	80 of 205 · highest-to-lowest	61.3 / 100	+1.0 pp vs world	23.0%	85 of 205 · highest-to-lowest	58.8 / 100	+0.3 pp vs world	1.2%	62 of 174 · highest-to-lowest	64.7 / 100	+0.7 pp vs world
Armenia	2004	24.8%	75 of 205 · highest-to-lowest	63.7 / 100	+0.9 pp vs world	23.9%	76 of 205 · highest-to-lowest	63.2 / 100	+0.8 pp vs world	0.9%	85 of 178 · highest-to-lowest	52.5 / 100	+0.1 pp vs world
Armenia	2005	30.4%	38 of 207 · highest-to-lowest	82.0 / 100	+6.1 pp vs world	29.8%	29 of 207 · highest-to-lowest	86.4 / 100	+6.2 pp vs world	0.5%	106 of 178 · highest-to-lowest	40.7 / 100	-0.1 pp vs world
Armenia	2006	35.8%	20 of 207 · highest-to-lowest	90.8 / 100	+11.0 pp vs world	35.6%	16 of 207 · highest-to-lowest	92.7 / 100	+11.5 pp vs world	0.2%	129 of 180 · highest-to-lowest	28.5 / 100	-0.6 pp vs world
Armenia	2007	37.7%	20 of 207 · highest-to-lowest	90.8 / 100	+12.4 pp vs world	37.0%	14 of 207 · highest-to-lowest	93.7 / 100	+12.7 pp vs world	0.7%	103 of 179 · highest-to-lowest	42.7 / 100	-0.3 pp vs world
Armenia	2008	40.7%	18 of 209 · highest-to-lowest	91.8 / 100	+15.4 pp vs world	39.8%	13 of 209 · highest-to-lowest	94.2 / 100	+15.4 pp vs world	0.9%	93 of 180 · highest-to-lowest	48.6 / 100	-0.1 pp vs world
Armenia	2009	34.6%	26 of 209 · highest-to-lowest	88.0 / 100	+11.2 pp vs world	36.5%	18 of 209 · highest-to-lowest	91.8 / 100	+12.8 pp vs world	-1.9%	163 of 179 · highest-to-lowest	9.0 / 100	-1.6 pp vs world
Armenia	2010	32.8%	33 of 209 · highest-to-lowest	84.6 / 100	+8.2 pp vs world	33.5%	22 of 209 · highest-to-lowest	89.9 / 100	+9.9 pp vs world	-0.7%	166 of 178 · highest-to-lowest	6.8 / 100	-1.7 pp vs world
Armenia	2011	27.2%	60 of 209 · highest-to-lowest	71.6 / 100	+1.9 pp vs world	26.1%	59 of 209 · highest-to-lowest	72.1 / 100	+2.1 pp vs world	1.1%	79 of 179 · highest-to-lowest	56.2 / 100	-0.1 pp vs world
Armenia	2012	24.7%	92 of 209 · highest-to-lowest	56.3 / 100	-0.7 pp vs world	23.6%	91 of 209 · highest-to-lowest	56.7 / 100	-0.9 pp vs world	1.1%	72 of 178 · highest-to-lowest	59.9 / 100	+0.2 pp vs world
Armenia	2013	22.2%	119 of 209 · highest-to-lowest	43.3 / 100	-3.3 pp vs world	21.2%	122 of 209 · highest-to-lowest	41.8 / 100	-3.4 pp vs world	0.9%	72 of 176 · highest-to-lowest	59.4 / 100	+0.1 pp vs world
Armenia	2014	21.3%	131 of 209 · highest-to-lowest	37.5 / 100	-4.5 pp vs world	20.0%	136 of 209 · highest-to-lowest	35.1 / 100	-4.8 pp vs world	1.3%	51 of 175 · highest-to-lowest	71.3 / 100	+0.4 pp vs world
Armenia	2015	20.7%	140 of 209 · highest-to-lowest	33.2 / 100	-5.0 pp vs world	20.6%	132 of 209 · highest-to-lowest	37.0 / 100	-4.4 pp vs world	0.1%	123 of 176 · highest-to-lowest	30.3 / 100	-0.6 pp vs world
Armenia	2016	18.0%	162 of 209 · highest-to-lowest	22.6 / 100	-7.4 pp vs world	17.4%	167 of 209 · highest-to-lowest	20.2 / 100	-7.5 pp vs world	0.7%	73 of 176 · highest-to-lowest	58.9 / 100	+0.2 pp vs world
Armenia	2017	18.4%	164 of 209 · highest-to-lowest	21.6 / 100	-7.5 pp vs world	17.6%	163 of 209 · highest-to-lowest	22.1 / 100	-7.5 pp vs world	0.8%	81 of 175 · highest-to-lowest	54.0 / 100	+0.0 pp vs world
Armenia	2018	22.4%	114 of 209 · highest-to-lowest	45.7 / 100	-3.9 pp vs world	16.7%	171 of 209 · highest-to-lowest	18.3 / 100	-8.9 pp vs world	5.7%	11 of 175 · highest-to-lowest	94.3 / 100	+4.9 pp vs world
Armenia	2019	17.4%	169 of 209 · highest-to-lowest	19.2 / 100	-9.0 pp vs world	15.8%	177 of 209 · highest-to-lowest	15.4 / 100	-10.0 pp vs world	1.6%	51 of 174 · highest-to-lowest	71.1 / 100	+1.1 pp vs world
Armenia	2020	19.7%	136 of 209 · highest-to-lowest	35.1 / 100	-6.6 pp vs world	17.8%	157 of 209 · highest-to-lowest	25.0 / 100	-8.2 pp vs world	1.9%	36 of 173 · highest-to-lowest	79.7 / 100	+1.6 pp vs world
Armenia	2021	23.0%	111 of 209 · highest-to-lowest	47.1 / 100	-4.1 pp vs world	21.2%	118 of 209 · highest-to-lowest	43.8 / 100	-4.9 pp vs world	1.8%	54 of 171 · highest-to-lowest	68.8 / 100	+0.8 pp vs world
Armenia	2022	22.4%	128 of 209 · highest-to-lowest	38.9 / 100	-4.8 pp vs world	21.1%	124 of 209 · highest-to-lowest	40.9 / 100	-4.9 pp vs world	1.3%	83 of 170 · highest-to-lowest	51.5 / 100	+0.1 pp vs world
Armenia	2023	22.9%	105 of 209 · highest-to-lowest	50.0 / 100	-3.3 pp vs world	20.6%	127 of 209 · highest-to-lowest	39.4 / 100	-5.2 pp vs world	2.4%	35 of 169 · highest-to-lowest	79.8 / 100	+1.9 pp vs world
Armenia	2024	23.8%	89 of 209 · highest-to-lowest	57.7 / 100	-2.1 pp vs world	21.4%	116 of 209 · highest-to-lowest	44.7 / 100	-4.1 pp vs world	2.5%	30 of 163 · highest-to-lowest	82.1 / 100	+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 30 of 210 · highest-to-lowest

Imports73.7%2024 · Published series · World rank 33 of 210 · highest-to-lowest

Net exports-1.4%2024 · Derived measure · World rank 100 of 210 · highest-to-lowest

Trade openness145.9%2024 · Derived measure · World rank 23 of 210 · highest-to-lowest

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%	79 of 206 · highest-to-lowest	62.0 / 100	+16.1 pp vs world	46.3%	70 of 206 · highest-to-lowest	66.3 / 100	+27.2 pp vs world	-11.3%	159 of 206 · highest-to-lowest	22.9 / 100	-11.1 pp vs world	81.4%	81 of 206 · highest-to-lowest	61.0 / 100	+43.2 pp vs world
Armenia	1991	40.6%	57 of 206 · highest-to-lowest	72.7 / 100	+22.0 pp vs world	60.0%	52 of 206 · highest-to-lowest	75.1 / 100	+41.3 pp vs world	-19.3%	175 of 206 · highest-to-lowest	15.1 / 100	-19.3 pp vs world	100.6%	48 of 206 · highest-to-lowest	77.1 / 100	+63.4 pp vs world
Armenia	1992	39.5%	70 of 206 · highest-to-lowest	66.3 / 100	+19.7 pp vs world	60.8%	43 of 206 · highest-to-lowest	79.5 / 100	+41.3 pp vs world	-21.3%	178 of 206 · highest-to-lowest	13.7 / 100	-21.6 pp vs world	100.2%	53 of 206 · highest-to-lowest	74.6 / 100	+61.1 pp vs world
Armenia	1993	35.4%	84 of 206 · highest-to-lowest	59.5 / 100	+16.6 pp vs world	60.1%	45 of 206 · highest-to-lowest	78.5 / 100	+41.8 pp vs world	-24.7%	181 of 206 · highest-to-lowest	12.2 / 100	-25.1 pp vs world	95.5%	57 of 206 · highest-to-lowest	72.7 / 100	+58.4 pp vs world
Armenia	1994	44.1%	56 of 206 · highest-to-lowest	73.2 / 100	+24.7 pp vs world	71.7%	27 of 206 · highest-to-lowest	87.3 / 100	+52.7 pp vs world	-27.6%	187 of 206 · highest-to-lowest	9.3 / 100	-28.1 pp vs world	115.8%	34 of 206 · highest-to-lowest	83.9 / 100	+77.4 pp vs world
Armenia	1995	26.8%	113 of 206 · highest-to-lowest	45.4 / 100	+6.2 pp vs world	61.0%	39 of 206 · highest-to-lowest	81.5 / 100	+40.9 pp vs world	-34.2%	188 of 206 · highest-to-lowest	8.8 / 100	-34.6 pp vs world	87.8%	71 of 206 · highest-to-lowest	65.9 / 100	+47.1 pp vs world
Armenia	1996	26.1%	119 of 206 · highest-to-lowest	42.4 / 100	+5.0 pp vs world	54.9%	58 of 206 · highest-to-lowest	72.2 / 100	+34.2 pp vs world	-28.8%	188 of 206 · highest-to-lowest	8.8 / 100	-29.3 pp vs world	81.0%	87 of 206 · highest-to-lowest	58.0 / 100	+39.2 pp vs world
Armenia	1997	22.7%	148 of 206 · highest-to-lowest	28.3 / 100	+0.7 pp vs world	57.2%	51 of 206 · highest-to-lowest	75.6 / 100	+35.7 pp vs world	-34.4%	192 of 206 · highest-to-lowest	6.8 / 100	-34.9 pp vs world	79.9%	95 of 206 · highest-to-lowest	54.1 / 100	+36.4 pp vs world
Armenia	1998	21.3%	148 of 206 · highest-to-lowest	28.3 / 100	-0.5 pp vs world	51.8%	69 of 206 · highest-to-lowest	66.8 / 100	+30.4 pp vs world	-30.5%	189 of 206 · highest-to-lowest	8.3 / 100	-30.9 pp vs world	73.1%	109 of 206 · highest-to-lowest	47.3 / 100	+29.9 pp vs world
Armenia	1999	23.3%	138 of 206 · highest-to-lowest	33.2 / 100	+1.5 pp vs world	48.8%	77 of 206 · highest-to-lowest	62.9 / 100	+27.3 pp vs world	-25.6%	184 of 206 · highest-to-lowest	10.7 / 100	-25.8 pp vs world	72.1%	105 of 206 · highest-to-lowest	49.3 / 100	+28.7 pp vs world
Armenia	2000	26.2%	139 of 206 · highest-to-lowest	32.7 / 100	+2.7 pp vs world	49.6%	74 of 206 · highest-to-lowest	64.4 / 100	+26.2 pp vs world	-23.4%	182 of 206 · highest-to-lowest	11.7 / 100	-23.5 pp vs world	75.8%	107 of 206 · highest-to-lowest	48.3 / 100	+28.8 pp vs world
Armenia	2001	28.6%	123 of 206 · highest-to-lowest	40.5 / 100	+5.6 pp vs world	45.3%	88 of 206 · highest-to-lowest	57.6 / 100	+22.3 pp vs world	-16.7%	174 of 206 · highest-to-lowest	15.6 / 100	-16.7 pp vs world	73.8%	104 of 206 · highest-to-lowest	49.8 / 100	+27.9 pp vs world
Armenia	2002	32.9%	102 of 206 · highest-to-lowest	50.7 / 100	+9.7 pp vs world	45.7%	83 of 206 · highest-to-lowest	60.0 / 100	+22.7 pp vs world	-12.8%	157 of 206 · highest-to-lowest	23.9 / 100	-13.0 pp vs world	78.6%	102 of 206 · highest-to-lowest	50.7 / 100	+32.4 pp vs world
Armenia	2003	36.1%	92 of 206 · highest-to-lowest	55.6 / 100	+12.1 pp vs world	49.1%	72 of 206 · highest-to-lowest	65.4 / 100	+25.3 pp vs world	-13.0%	154 of 206 · highest-to-lowest	25.4 / 100	-13.2 pp vs world	85.1%	85 of 206 · highest-to-lowest	59.0 / 100	+37.4 pp vs world
Armenia	2004	33.4%	113 of 206 · highest-to-lowest	45.4 / 100	+7.6 pp vs world	44.4%	94 of 206 · highest-to-lowest	54.6 / 100	+19.0 pp vs world	-11.1%	142 of 206 · highest-to-lowest	31.2 / 100	-11.4 pp vs world	77.8%	111 of 206 · highest-to-lowest	46.3 / 100	+26.6 pp vs world
Armenia	2005	32.3%	120 of 208 · highest-to-lowest	42.5 / 100	+5.3 pp vs world	42.4%	107 of 208 · highest-to-lowest	48.8 / 100	+15.8 pp vs world	-10.1%	136 of 208 · highest-to-lowest	34.8 / 100	-10.5 pp vs world	74.7%	121 of 208 · highest-to-lowest	42.0 / 100	+21.0 pp vs world
Armenia	2006	26.2%	149 of 208 · highest-to-lowest	28.5 / 100	-2.5 pp vs world	38.5%	121 of 208 · highest-to-lowest	42.0 / 100	+10.4 pp vs world	-12.3%	142 of 208 · highest-to-lowest	31.9 / 100	-13.0 pp vs world	64.7%	147 of 208 · highest-to-lowest	29.5 / 100	+7.9 pp vs world
Armenia	2007	21.5%	166 of 208 · highest-to-lowest	20.3 / 100	-8.1 pp vs world	38.4%	125 of 208 · highest-to-lowest	40.1 / 100	+9.5 pp vs world	-16.9%	152 of 208 · highest-to-lowest	27.1 / 100	-17.6 pp vs world	59.9%	153 of 208 · highest-to-lowest	26.6 / 100	+1.5 pp vs world
Armenia	2008	16.9%	184 of 210 · highest-to-lowest	12.4 / 100	-14.1 pp vs world	39.9%	121 of 210 · highest-to-lowest	42.6 / 100	+9.6 pp vs world	-23.0%	166 of 210 · highest-to-lowest	21.1 / 100	-23.7 pp vs world	56.8%	166 of 210 · highest-to-lowest	21.1 / 100	-4.4 pp vs world
Armenia	2009	17.4%	178 of 210 · highest-to-lowest	15.3 / 100	-8.9 pp vs world	42.2%	103 of 210 · highest-to-lowest	51.2 / 100	+16.6 pp vs world	-24.8%	185 of 210 · highest-to-lowest	12.0 / 100	-25.5 pp vs world	59.5%	144 of 210 · highest-to-lowest	31.6 / 100	+7.7 pp vs world
Armenia	2010	23.4%	156 of 210 · highest-to-lowest	25.8 / 100	-5.2 pp vs world	44.4%	98 of 210 · highest-to-lowest	53.6 / 100	+16.8 pp vs world	-21.1%	170 of 210 · highest-to-lowest	19.1 / 100	-22.0 pp vs world	67.8%	137 of 210 · highest-to-lowest	34.9 / 100	+11.6 pp vs world
Armenia	2011	26.6%	148 of 210 · highest-to-lowest	29.7 / 100	-3.7 pp vs world	46.4%	102 of 210 · highest-to-lowest	51.7 / 100	+17.0 pp vs world	-19.8%	163 of 210 · highest-to-lowest	22.5 / 100	-20.7 pp vs world	73.1%	132 of 210 · highest-to-lowest	37.3 / 100	+13.3 pp vs world
Armenia	2012	27.6%	143 of 210 · highest-to-lowest	32.1 / 100	-2.6 pp vs world	48.4%	95 of 210 · highest-to-lowest	55.0 / 100	+19.2 pp vs world	-20.8%	167 of 210 · highest-to-lowest	20.6 / 100	-21.8 pp vs world	76.0%	124 of 210 · highest-to-lowest	41.1 / 100	+16.6 pp vs world
Armenia	2013	28.4%	137 of 210 · highest-to-lowest	34.9 / 100	-1.8 pp vs world	49.2%	92 of 210 · highest-to-lowest	56.5 / 100	+20.1 pp vs world	-20.8%	174 of 210 · highest-to-lowest	17.2 / 100	-21.9 pp vs world	77.6%	119 of 210 · highest-to-lowest	43.5 / 100	+18.3 pp vs world
Armenia	2014	28.6%	139 of 210 · highest-to-lowest	34.0 / 100	-1.2 pp vs world	47.2%	98 of 210 · highest-to-lowest	53.6 / 100	+18.3 pp vs world	-18.7%	170 of 210 · highest-to-lowest	19.1 / 100	-19.5 pp vs world	75.8%	119 of 210 · highest-to-lowest	43.5 / 100	+17.1 pp vs world
Armenia	2015	29.7%	125 of 210 · highest-to-lowest	40.7 / 100	+1.6 pp vs world	42.0%	110 of 210 · highest-to-lowest	47.8 / 100	+14.4 pp vs world	-12.2%	145 of 210 · highest-to-lowest	31.1 / 100	-12.8 pp vs world	71.7%	120 of 210 · highest-to-lowest	43.1 / 100	+16.1 pp vs world
Armenia	2016	33.7%	104 of 210 · highest-to-lowest	50.7 / 100	+6.6 pp vs world	42.3%	104 of 210 · highest-to-lowest	50.7 / 100	+15.9 pp vs world	-8.6%	138 of 210 · highest-to-lowest	34.4 / 100	-9.4 pp vs world	76.1%	104 of 210 · highest-to-lowest	50.7 / 100	+22.5 pp vs world
Armenia	2017	38.2%	92 of 210 · highest-to-lowest	56.5 / 100	+10.1 pp vs world	49.0%	78 of 210 · highest-to-lowest	63.2 / 100	+21.6 pp vs world	-10.8%	149 of 210 · highest-to-lowest	29.2 / 100	-11.5 pp vs world	87.2%	89 of 210 · highest-to-lowest	57.9 / 100	+31.8 pp vs world
Armenia	2018	39.4%	96 of 210 · highest-to-lowest	54.5 / 100	+10.3 pp vs world	53.1%	73 of 210 · highest-to-lowest	65.6 / 100	+24.8 pp vs world	-13.7%	156 of 210 · highest-to-lowest	25.8 / 100	-14.5 pp vs world	92.5%	80 of 210 · highest-to-lowest	62.2 / 100	+35.1 pp vs world
Armenia	2019	41.4%	81 of 210 · highest-to-lowest	61.7 / 100	+13.2 pp vs world	54.8%	65 of 210 · highest-to-lowest	69.4 / 100	+27.3 pp vs world	-13.4%	159 of 210 · highest-to-lowest	24.4 / 100	-14.0 pp vs world	96.1%	69 of 210 · highest-to-lowest	67.5 / 100	+40.5 pp vs world
Armenia	2020	29.8%	109 of 210 · highest-to-lowest	48.3 / 100	+3.7 pp vs world	39.7%	102 of 210 · highest-to-lowest	51.7 / 100	+14.3 pp vs world	-10.0%	140 of 210 · highest-to-lowest	33.5 / 100	-10.7 pp vs world	69.5%	105 of 210 · highest-to-lowest	50.2 / 100	+18.0 pp vs world
Armenia	2021	35.9%	101 of 210 · highest-to-lowest	52.2 / 100	+7.3 pp vs world	43.8%	101 of 210 · highest-to-lowest	52.2 / 100	+16.1 pp vs world	-7.9%	124 of 210 · highest-to-lowest	41.1 / 100	-8.9 pp vs world	79.7%	100 of 210 · highest-to-lowest	52.6 / 100	+23.4 pp vs world
Armenia	2022	50.2%	70 of 210 · highest-to-lowest	67.0 / 100	+19.3 pp vs world	51.2%	96 of 210 · highest-to-lowest	54.5 / 100	+21.1 pp vs world	-1.0%	82 of 210 · highest-to-lowest	61.2 / 100	-1.8 pp vs world	101.4%	79 of 210 · highest-to-lowest	62.7 / 100	+40.4 pp vs world
Armenia	2023	59.5%	49 of 210 · highest-to-lowest	77.0 / 100	+30.4 pp vs world	60.3%	63 of 210 · highest-to-lowest	70.3 / 100	+32.0 pp vs world	-0.9%	91 of 210 · highest-to-lowest	56.9 / 100	-1.6 pp vs world	119.8%	51 of 210 · highest-to-lowest	76.1 / 100	+62.4 pp vs world
Armenia	2024	72.2%	30 of 210 · highest-to-lowest	86.1 / 100	+43.3 pp vs world	73.7%	33 of 210 · highest-to-lowest	84.7 / 100	+45.6 pp vs world	-1.4%	100 of 210 · highest-to-lowest	52.6 / 100	-2.3 pp vs world	145.9%	23 of 210 · highest-to-lowest	89.5 / 100	+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%	84 of 204 · highest-to-lowest	59.1 / 100	+12.1 pp vs world	34.5%	38 of 206 · highest-to-lowest	82.0 / 100	+8.0 pp vs world	19.1%	3 of 206 · highest-to-lowest	99.0 / 100	+12.9 pp vs world	5.7%	197 of 205 · highest-to-lowest	3.9 / 100	-8.8 pp vs world	7.9%	97 of 205 · highest-to-lowest	52.9 / 100	-0.3 pp vs world	15.5%	190 of 206 · highest-to-lowest	7.8 / 100	-24.1 pp vs world
Armenia	1991	24.7%	54 of 204 · highest-to-lowest	73.9 / 100	+20.0 pp vs world	38.7%	22 of 206 · highest-to-lowest	89.8 / 100	+12.6 pp vs world	11.8%	9 of 206 · highest-to-lowest	96.1 / 100	+5.8 pp vs world	5.1%	199 of 205 · highest-to-lowest	2.9 / 100	-9.7 pp vs world	5.4%	156 of 205 · highest-to-lowest	24.0 / 100	-2.9 pp vs world	14.3%	196 of 206 · highest-to-lowest	4.9 / 100	-25.9 pp vs world
Armenia	1992	30.1%	40 of 204 · highest-to-lowest	80.8 / 100	+25.8 pp vs world	37.1%	23 of 206 · highest-to-lowest	89.3 / 100	+11.8 pp vs world	6.1%	77 of 206 · highest-to-lowest	62.9 / 100	+0.2 pp vs world	2.8%	203 of 205 · highest-to-lowest	1.0 / 100	-12.5 pp vs world	7.8%	104 of 205 · highest-to-lowest	49.5 / 100	-0.4 pp vs world	16.1%	183 of 206 · highest-to-lowest	11.2 / 100	-24.9 pp vs world
Armenia	1993	50.8%	9 of 204 · highest-to-lowest	96.1 / 100	+46.6 pp vs world	25.7%	70 of 206 · highest-to-lowest	66.3 / 100	+1.0 pp vs world	4.0%	152 of 206 · highest-to-lowest	26.3 / 100	-1.9 pp vs world	2.6%	205 of 205 · highest-to-lowest	0.0 / 100	-12.4 pp vs world	5.8%	152 of 205 · highest-to-lowest	26.0 / 100	-2.5 pp vs world	11.0%	199 of 206 · highest-to-lowest	3.4 / 100	-30.8 pp vs world
Armenia	1994	43.8%	18 of 204 · highest-to-lowest	91.6 / 100	+39.8 pp vs world	25.7%	67 of 206 · highest-to-lowest	67.8 / 100	+1.2 pp vs world	6.7%	63 of 206 · highest-to-lowest	69.8 / 100	+0.8 pp vs world	5.3%	204 of 205 · highest-to-lowest	0.5 / 100	-10.0 pp vs world	4.6%	179 of 205 · highest-to-lowest	12.7 / 100	-3.9 pp vs world	13.9%	193 of 206 · highest-to-lowest	6.3 / 100	-27.2 pp vs world
Armenia	1995	40.3%	17 of 204 · highest-to-lowest	92.1 / 100	+36.3 pp vs world	22.0%	101 of 206 · highest-to-lowest	51.2 / 100	-2.6 pp vs world	6.5%	67 of 206 · highest-to-lowest	67.8 / 100	+0.7 pp vs world	10.3%	164 of 205 · highest-to-lowest	20.1 / 100	-4.8 pp vs world	4.6%	176 of 205 · highest-to-lowest	14.2 / 100	-3.9 pp vs world	16.4%	183 of 206 · highest-to-lowest	11.2 / 100	-25.7 pp vs world
Armenia	1996	35.1%	23 of 204 · highest-to-lowest	89.2 / 100	+31.0 pp vs world	23.1%	92 of 206 · highest-to-lowest	55.6 / 100	-1.1 pp vs world	7.4%	41 of 206 · highest-to-lowest	80.5 / 100	+1.7 pp vs world	10.4%	165 of 205 · highest-to-lowest	19.6 / 100	-4.6 pp vs world	6.7%	134 of 205 · highest-to-lowest	34.8 / 100	-1.9 pp vs world	17.3%	180 of 206 · highest-to-lowest	12.7 / 100	-25.1 pp vs world
Armenia	1997	30.2%	33 of 204 · highest-to-lowest	84.2 / 100	+26.2 pp vs world	23.9%	85 of 206 · highest-to-lowest	59.0 / 100	-0.2 pp vs world	8.3%	31 of 206 · highest-to-lowest	85.4 / 100	+2.8 pp vs world	10.1%	174 of 205 · highest-to-lowest	15.2 / 100	-4.9 pp vs world	8.4%	91 of 205 · highest-to-lowest	55.9 / 100	-0.3 pp vs world	19.2%	177 of 206 · highest-to-lowest	14.1 / 100	-23.6 pp vs world
Armenia	1998	32.1%	24 of 204 · highest-to-lowest	88.7 / 100	+28.2 pp vs world	23.0%	85 of 206 · highest-to-lowest	59.0 / 100	-0.1 pp vs world	8.3%	31 of 206 · highest-to-lowest	85.4 / 100	+2.8 pp vs world	9.8%	177 of 205 · highest-to-lowest	13.7 / 100	-5.3 pp vs world	7.8%	117 of 205 · highest-to-lowest	43.1 / 100	-1.2 pp vs world	19.0%	183 of 206 · highest-to-lowest	11.2 / 100	-24.4 pp vs world
Armenia	1999	27.6%	35 of 204 · highest-to-lowest	83.3 / 100	+24.0 pp vs world	24.9%	71 of 206 · highest-to-lowest	65.9 / 100	+1.8 pp vs world	8.5%	30 of 206 · highest-to-lowest	85.9 / 100	+3.1 pp vs world	10.0%	175 of 205 · highest-to-lowest	14.7 / 100	-5.1 pp vs world	8.4%	107 of 205 · highest-to-lowest	48.0 / 100	-0.7 pp vs world	20.6%	179 of 206 · highest-to-lowest	13.2 / 100	-23.1 pp vs world
Armenia	2000	24.0%	44 of 204 · highest-to-lowest	78.8 / 100	+20.6 pp vs world	26.7%	62 of 206 · highest-to-lowest	70.2 / 100	+3.2 pp vs world	10.6%	11 of 206 · highest-to-lowest	95.1 / 100	+5.3 pp vs world	10.5%	173 of 205 · highest-to-lowest	15.7 / 100	-4.5 pp vs world	8.1%	119 of 205 · highest-to-lowest	42.2 / 100	-1.0 pp vs world	20.0%	181 of 206 · highest-to-lowest	12.2 / 100	-23.6 pp vs world
Armenia	2001	26.7%	33 of 204 · highest-to-lowest	84.2 / 100	+23.3 pp vs world	24.8%	73 of 206 · highest-to-lowest	64.9 / 100	+2.2 pp vs world	10.2%	13 of 206 · highest-to-lowest	94.1 / 100	+4.8 pp vs world	11.6%	160 of 205 · highest-to-lowest	22.1 / 100	-3.4 pp vs world	7.9%	126 of 205 · highest-to-lowest	38.7 / 100	-1.3 pp vs world	18.9%	183 of 206 · highest-to-lowest	11.2 / 100	-25.6 pp vs world
Armenia	2002	24.7%	41 of 204 · highest-to-lowest	80.3 / 100	+21.3 pp vs world	24.3%	68 of 206 · highest-to-lowest	67.3 / 100	+2.2 pp vs world	13.4%	7 of 206 · highest-to-lowest	97.1 / 100	+8.1 pp vs world	12.1%	149 of 205 · highest-to-lowest	27.5 / 100	-2.7 pp vs world	7.0%	147 of 205 · highest-to-lowest	28.4 / 100	-2.3 pp vs world	18.5%	186 of 206 · highest-to-lowest	9.8 / 100	-26.5 pp vs world
Armenia	2003	22.6%	46 of 204 · highest-to-lowest	77.8 / 100	+19.2 pp vs world	24.1%	75 of 206 · highest-to-lowest	63.9 / 100	+1.9 pp vs world	16.5%	5 of 206 · highest-to-lowest	98.0 / 100	+11.2 pp vs world	12.3%	149 of 205 · highest-to-lowest	27.5 / 100	-2.4 pp vs world	6.7%	155 of 205 · highest-to-lowest	24.5 / 100	-2.6 pp vs world	17.8%	189 of 206 · highest-to-lowest	8.3 / 100	-27.3 pp vs world
Armenia	2004	23.5%	39 of 204 · highest-to-lowest	81.3 / 100	+20.0 pp vs world	23.5%	85 of 206 · highest-to-lowest	59.0 / 100	+0.9 pp vs world	16.2%	3 of 206 · highest-to-lowest	99.0 / 100	+10.8 pp vs world	12.4%	145 of 205 · highest-to-lowest	29.4 / 100	-2.2 pp vs world	6.7%	158 of 205 · highest-to-lowest	23.0 / 100	-2.8 pp vs world	17.7%	192 of 206 · highest-to-lowest	6.8 / 100	-26.7 pp vs world
Armenia	2005	19.9%	49 of 205 · highest-to-lowest	76.5 / 100	+16.6 pp vs world	23.2%	85 of 208 · highest-to-lowest	59.4 / 100	+0.1 pp vs world	20.6%	2 of 208 · highest-to-lowest	99.5 / 100	+15.1 pp vs world	12.3%	153 of 207 · highest-to-lowest	26.2 / 100	-2.2 pp vs world	6.7%	158 of 207 · highest-to-lowest	23.8 / 100	-2.6 pp vs world	17.3%	193 of 208 · highest-to-lowest	7.2 / 100	-26.9 pp vs world
Armenia	2006	19.4%	45 of 205 · highest-to-lowest	78.4 / 100	+16.1 pp vs world	18.2%	119 of 208 · highest-to-lowest	43.0 / 100	-5.3 pp vs world	24.7%	1 of 208 · highest-to-lowest	100.0 / 100	+19.1 pp vs world	12.2%	157 of 207 · highest-to-lowest	24.3 / 100	-2.2 pp vs world	7.1%	152 of 207 · highest-to-lowest	26.7 / 100	-2.1 pp vs world	18.3%	191 of 208 · highest-to-lowest	8.2 / 100	-25.5 pp vs world
Armenia	2007	19.1%	48 of 205 · highest-to-lowest	77.0 / 100	+15.6 pp vs world	16.0%	136 of 208 · highest-to-lowest	34.8 / 100	-7.6 pp vs world	25.9%	1 of 208 · highest-to-lowest	100.0 / 100	+20.2 pp vs world	11.9%	157 of 207 · highest-to-lowest	24.3 / 100	-2.4 pp vs world	7.9%	141 of 207 · highest-to-lowest	32.0 / 100	-1.5 pp vs world	19.2%	188 of 208 · highest-to-lowest	9.7 / 100	-24.4 pp vs world
Armenia	2008	17.2%	55 of 207 · highest-to-lowest	73.8 / 100	+13.5 pp vs world	14.3%	150 of 210 · highest-to-lowest	28.7 / 100	-9.7 pp vs world	26.9%	1 of 210 · highest-to-lowest	100.0 / 100	+21.3 pp vs world	12.7%	150 of 209 · highest-to-lowest	28.4 / 100	-1.4 pp vs world	7.8%	139 of 209 · highest-to-lowest	33.7 / 100	-1.5 pp vs world	21.0%	177 of 210 · highest-to-lowest	15.8 / 100	-22.1 pp vs world
Armenia	2009	17.6%	53 of 207 · highest-to-lowest	74.8 / 100	+13.8 pp vs world	14.2%	147 of 210 · highest-to-lowest	30.1 / 100	-8.1 pp vs world	19.5%	2 of 210 · highest-to-lowest	99.5 / 100	+13.9 pp vs world	14.0%	126 of 209 · highest-to-lowest	39.9 / 100	-0.1 pp vs world	8.1%	138 of 209 · highest-to-lowest	34.1 / 100	-1.1 pp vs world	26.7%	154 of 210 · highest-to-lowest	26.8 / 100	-18.4 pp vs world
Armenia	2010	17.8%	54 of 207 · highest-to-lowest	74.3 / 100	+13.8 pp vs world	16.5%	135 of 210 · highest-to-lowest	35.9 / 100	-7.2 pp vs world	18.3%	2 of 210 · highest-to-lowest	99.5 / 100	+12.9 pp vs world	14.4%	114 of 209 · highest-to-lowest	45.7 / 100	+0.4 pp vs world	7.6%	143 of 209 · highest-to-lowest	31.7 / 100	-1.5 pp vs world	25.5%	158 of 210 · highest-to-lowest	24.9 / 100	-18.4 pp vs world
Armenia	2011	20.9%	43 of 207 · highest-to-lowest	79.6 / 100	+16.6 pp vs world	17.8%	127 of 210 · highest-to-lowest	39.7 / 100	-6.5 pp vs world	13.4%	5 of 210 · highest-to-lowest	98.1 / 100	+8.0 pp vs world	13.8%	127 of 209 · highest-to-lowest	39.4 / 100	-0.2 pp vs world	6.9%	155 of 209 · highest-to-lowest	26.0 / 100	-2.0 pp vs world	27.3%	147 of 210 · highest-to-lowest	30.1 / 100	-15.9 pp vs world
Armenia	2012	19.6%	47 of 207 · highest-to-lowest	77.7 / 100	+15.3 pp vs world	17.6%	125 of 210 · highest-to-lowest	40.7 / 100	-6.5 pp vs world	12.8%	5 of 210 · highest-to-lowest	98.1 / 100	+7.4 pp vs world	14.1%	127 of 209 · highest-to-lowest	39.4 / 100	+0.0 pp vs world	7.1%	154 of 209 · highest-to-lowest	26.4 / 100	-1.8 pp vs world	28.8%	138 of 210 · highest-to-lowest	34.4 / 100	-14.4 pp vs world
Armenia	2013	20.3%	42 of 207 · highest-to-lowest	80.1 / 100	+15.9 pp vs world	17.9%	123 of 210 · highest-to-lowest	41.6 / 100	-5.9 pp vs world	11.5%	12 of 210 · highest-to-lowest	94.7 / 100	+6.0 pp vs world	14.3%	122 of 209 · highest-to-lowest	41.8 / 100	+0.2 pp vs world	6.5%	163 of 209 · highest-to-lowest	22.1 / 100	-2.4 pp vs world	29.5%	137 of 210 · highest-to-lowest	34.9 / 100	-13.8 pp vs world
Armenia	2014	19.9%	42 of 207 · highest-to-lowest	80.1 / 100	+15.5 pp vs world	17.6%	121 of 210 · highest-to-lowest	42.6 / 100	-5.7 pp vs world	10.2%	17 of 210 · highest-to-lowest	92.3 / 100	+4.7 pp vs world	14.3%	127 of 209 · highest-to-lowest	39.4 / 100	+0.1 pp vs world	7.0%	152 of 209 · highest-to-lowest	27.4 / 100	-2.0 pp vs world	31.0%	133 of 210 · highest-to-lowest	36.8 / 100	-12.6 pp vs world
Armenia	2015	18.9%	45 of 207 · highest-to-lowest	78.6 / 100	+14.5 pp vs world	17.9%	115 of 210 · highest-to-lowest	45.5 / 100	-4.4 pp vs world	10.3%	21 of 210 · highest-to-lowest	90.4 / 100	+4.8 pp vs world	13.3%	143 of 209 · highest-to-lowest	31.7 / 100	-1.0 pp vs world	6.5%	168 of 209 · highest-to-lowest	19.7 / 100	-2.7 pp vs world	33.1%	121 of 210 · highest-to-lowest	42.6 / 100	-11.1 pp vs world
Armenia	2016	17.8%	51 of 207 · highest-to-lowest	75.7 / 100	+13.5 pp vs world	19.4%	109 of 210 · highest-to-lowest	48.3 / 100	-2.3 pp vs world	8.4%	37 of 210 · highest-to-lowest	82.8 / 100	+2.9 pp vs world	12.1%	167 of 209 · highest-to-lowest	20.2 / 100	-2.2 pp vs world	6.9%	160 of 209 · highest-to-lowest	23.6 / 100	-2.3 pp vs world	35.3%	112 of 210 · highest-to-lowest	46.9 / 100	-9.5 pp vs world
Armenia	2017	16.4%	55 of 207 · highest-to-lowest	73.8 / 100	+12.0 pp vs world	20.2%	100 of 210 · highest-to-lowest	52.6 / 100	-1.7 pp vs world	7.9%	44 of 210 · highest-to-lowest	79.4 / 100	+2.2 pp vs world	13.6%	140 of 209 · highest-to-lowest	33.2 / 100	-0.8 pp vs world	7.0%	158 of 209 · highest-to-lowest	24.5 / 100	-2.3 pp vs world	34.9%	112 of 210 · highest-to-lowest	46.9 / 100	-9.5 pp vs world
Armenia	2018	15.3%	57 of 207 · highest-to-lowest	72.8 / 100	+11.1 pp vs world	19.9%	107 of 210 · highest-to-lowest	49.3 / 100	-2.6 pp vs world	7.2%	62 of 210 · highest-to-lowest	70.8 / 100	+1.5 pp vs world	14.4%	125 of 209 · highest-to-lowest	40.4 / 100	+0.2 pp vs world	7.0%	156 of 209 · highest-to-lowest	25.5 / 100	-2.2 pp vs world	36.2%	99 of 210 · highest-to-lowest	53.1 / 100	-8.0 pp vs world
Armenia	2019	12.7%	65 of 207 · highest-to-lowest	68.9 / 100	+8.5 pp vs world	20.6%	100 of 210 · highest-to-lowest	52.6 / 100	-1.1 pp vs world	7.0%	69 of 210 · highest-to-lowest	67.5 / 100	+1.2 pp vs world	15.0%	116 of 210 · highest-to-lowest	45.0 / 100	+0.7 pp vs world	7.2%	152 of 210 · highest-to-lowest	27.8 / 100	-2.2 pp vs world	37.5%	93 of 210 · highest-to-lowest	56.0 / 100	-7.1 pp vs world
Armenia	2020	12.4%	72 of 207 · highest-to-lowest	65.5 / 100	+7.9 pp vs world	21.8%	86 of 210 · highest-to-lowest	59.3 / 100	+0.8 pp vs world	7.6%	51 of 210 · highest-to-lowest	76.1 / 100	+1.8 pp vs world	13.1%	130 of 210 · highest-to-lowest	38.3 / 100	-0.6 pp vs world	6.8%	152 of 210 · highest-to-lowest	27.8 / 100	-2.5 pp vs world	38.4%	104 of 210 · highest-to-lowest	50.7 / 100	-7.2 pp vs world
Armenia	2021	12.5%	69 of 207 · highest-to-lowest	67.0 / 100	+8.0 pp vs world	21.9%	95 of 210 · highest-to-lowest	55.0 / 100	-0.4 pp vs world	7.2%	57 of 210 · highest-to-lowest	73.2 / 100	+1.4 pp vs world	13.8%	124 of 210 · highest-to-lowest	41.1 / 100	-0.1 pp vs world	7.5%	136 of 210 · highest-to-lowest	35.4 / 100	-2.0 pp vs world	37.2%	100 of 210 · highest-to-lowest	52.6 / 100	-6.8 pp vs world
Armenia	2022	11.1%	70 of 207 · highest-to-lowest	66.5 / 100	+6.6 pp vs world	20.4%	105 of 210 · highest-to-lowest	50.2 / 100	-2.3 pp vs world	7.5%	51 of 210 · highest-to-lowest	76.1 / 100	+1.8 pp vs world	14.7%	114 of 210 · highest-to-lowest	45.9 / 100	+0.4 pp vs world	8.8%	108 of 210 · highest-to-lowest	48.8 / 100	-0.8 pp vs world	37.5%	93 of 210 · highest-to-lowest	56.0 / 100	-5.7 pp vs world
Armenia	2023	8.9%	86 of 207 · highest-to-lowest	58.7 / 100	+4.5 pp vs world	17.5%	124 of 210 · highest-to-lowest	41.1 / 100	-4.2 pp vs world	7.6%	52 of 210 · highest-to-lowest	75.6 / 100	+1.8 pp vs world	17.4%	78 of 210 · highest-to-lowest	63.2 / 100	+2.9 pp vs world	9.8%	76 of 210 · highest-to-lowest	64.1 / 100	+0.2 pp vs world	38.9%	93 of 210 · highest-to-lowest	56.0 / 100	-5.2 pp vs world
Armenia	2024	8.4%	87 of 207 · highest-to-lowest	58.3 / 100	+4.2 pp vs world	17.0%	126 of 210 · highest-to-lowest	40.2 / 100	-4.1 pp vs world	7.6%	51 of 210 · highest-to-lowest	76.1 / 100	+1.9 pp vs world	17.6%	78 of 210 · highest-to-lowest	63.2 / 100	+3.1 pp vs world	9.6%	85 of 210 · highest-to-lowest	59.8 / 100	-0.2 pp vs world	39.7%	88 of 210 · highest-to-lowest	58.4 / 100	-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 110 of 210 · highest-to-lowest

Share within parent activity64.3%2024 · Derived measure · World rank 117 of 210 · highest-to-lowest

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.

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From yearTo year

Showing 35 of 35 rows

Manufacturing annual rates, ranks and specialization table

Armenia	1990	33.5%	8 of 205 · highest-to-lowest	96.6 / 100	+12.7 pp vs world	96.9%	8 of 205 · highest-to-lowest	96.6 / 100	+18.5 pp vs world	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	0.0%	106 of 205 · highest-to-lowest	48.5 / 100	-100.0 pp vs world
Armenia	1991	37.4%	5 of 205 · highest-to-lowest	98.0 / 100	+16.9 pp vs world	96.7%	8 of 205 · highest-to-lowest	96.6 / 100	+18.0 pp vs world	2.0%	93 of 205 · highest-to-lowest	54.9 / 100	+2.0 pp vs world	0.0%	102 of 205 · highest-to-lowest	50.5 / 100	-100.0 pp vs world
Armenia	1992	32.4%	9 of 205 · highest-to-lowest	96.1 / 100	+12.6 pp vs world	87.5%	42 of 205 · highest-to-lowest	79.9 / 100	+9.2 pp vs world	-70.2%	204 of 205 · highest-to-lowest	0.5 / 100	-69.6 pp vs world	0.0%	125 of 205 · highest-to-lowest	39.2 / 100	-100.0 pp vs world
Armenia	1993	22.9%	36 of 205 · highest-to-lowest	82.8 / 100	+3.7 pp vs world	88.8%	33 of 205 · highest-to-lowest	84.3 / 100	+11.3 pp vs world	9.7%	24 of 205 · highest-to-lowest	88.7 / 100	+10.4 pp vs world	0.0%	138 of 205 · highest-to-lowest	32.8 / 100	-100.0 pp vs world
Armenia	1994	23.7%	26 of 205 · highest-to-lowest	87.7 / 100	+4.5 pp vs world	92.1%	19 of 205 · highest-to-lowest	91.2 / 100	+13.9 pp vs world	-43.8%	203 of 205 · highest-to-lowest	1.0 / 100	-47.3 pp vs world	0.0%	133 of 205 · highest-to-lowest	35.3 / 100	-100.0 pp vs world
Armenia	1995	19.3%	57 of 205 · highest-to-lowest	72.5 / 100	+0.2 pp vs world	88.0%	35 of 205 · highest-to-lowest	83.3 / 100	+10.0 pp vs world	2.6%	130 of 205 · highest-to-lowest	36.8 / 100	-2.3 pp vs world	0.0%	135 of 205 · highest-to-lowest	34.3 / 100	-100.0 pp vs world
Armenia	1996	19.1%	56 of 205 · highest-to-lowest	73.0 / 100	+0.5 pp vs world	82.4%	69 of 205 · highest-to-lowest	66.7 / 100	+5.9 pp vs world	0.7%	143 of 205 · highest-to-lowest	30.4 / 100	-1.9 pp vs world	0.0%	135 of 205 · highest-to-lowest	34.3 / 100	-100.0 pp vs world
Armenia	1997	18.6%	59 of 205 · highest-to-lowest	71.6 / 100	+0.4 pp vs world	78.1%	91 of 205 · highest-to-lowest	55.9 / 100	+2.0 pp vs world	1.5%	153 of 205 · highest-to-lowest	25.5 / 100	-3.1 pp vs world	0.0%	134 of 205 · highest-to-lowest	34.8 / 100	-100.0 pp vs world
Armenia	1998	16.7%	72 of 205 · highest-to-lowest	65.2 / 100	-1.0 pp vs world	72.6%	112 of 205 · highest-to-lowest	45.6 / 100	-4.2 pp vs world	-2.6%	165 of 205 · highest-to-lowest	19.6 / 100	-3.9 pp vs world	0.0%	134 of 205 · highest-to-lowest	34.8 / 100	-100.0 pp vs world
Armenia	1999	17.5%	59 of 205 · highest-to-lowest	71.6 / 100	+0.0 pp vs world	70.5%	117 of 205 · highest-to-lowest	43.1 / 100	-5.4 pp vs world	4.5%	79 of 205 · highest-to-lowest	61.8 / 100	+1.2 pp vs world	0.0%	133 of 205 · highest-to-lowest	35.3 / 100	-100.0 pp vs world
Armenia	2000	17.5%	64 of 205 · highest-to-lowest	69.1 / 100	+0.1 pp vs world	65.4%	127 of 205 · highest-to-lowest	38.2 / 100	-8.4 pp vs world	7.1%	81 of 205 · highest-to-lowest	60.8 / 100	+0.7 pp vs world	0.0%	132 of 205 · highest-to-lowest	35.8 / 100	-100.0 pp vs world
Armenia	2001	16.4%	76 of 205 · highest-to-lowest	63.2 / 100	+0.0 pp vs world	66.2%	130 of 205 · highest-to-lowest	36.8 / 100	-6.4 pp vs world	2.7%	109 of 205 · highest-to-lowest	47.1 / 100	+3.5 pp vs world	0.0%	132 of 205 · highest-to-lowest	35.8 / 100	-100.0 pp vs world
Armenia	2002	16.0%	79 of 205 · highest-to-lowest	61.8 / 100	+0.0 pp vs world	65.6%	129 of 205 · highest-to-lowest	37.3 / 100	-6.5 pp vs world	17.1%	13 of 205 · highest-to-lowest	94.1 / 100	+16.0 pp vs world	0.0%	131 of 205 · highest-to-lowest	36.3 / 100	-100.0 pp vs world
Armenia	2003	16.1%	76 of 205 · highest-to-lowest	63.2 / 100	+0.3 pp vs world	66.8%	125 of 205 · highest-to-lowest	39.2 / 100	-4.6 pp vs world	16.2%	23 of 205 · highest-to-lowest	89.2 / 100	+12.8 pp vs world	0.0%	135 of 205 · highest-to-lowest	34.3 / 100	-100.0 pp vs world
Armenia	2004	14.1%	93 of 206 · highest-to-lowest	55.1 / 100	-3.1 pp vs world	60.2%	134 of 206 · highest-to-lowest	35.1 / 100	-16.3 pp vs world	24.8%	5 of 205 · highest-to-lowest	98.0 / 100	+5.2 pp vs world	0.0%	133 of 206 · highest-to-lowest	35.6 / 100	-100.0 pp vs world
Armenia	2005	14.2%	90 of 208 · highest-to-lowest	57.0 / 100	-2.9 pp vs world	61.1%	133 of 208 · highest-to-lowest	36.2 / 100	-12.8 pp vs world	8.8%	48 of 206 · highest-to-lowest	77.1 / 100	+4.5 pp vs world	0.0%	125 of 208 · highest-to-lowest	40.1 / 100	-100.0 pp vs world
Armenia	2006	11.3%	113 of 208 · highest-to-lowest	45.9 / 100	-5.8 pp vs world	62.0%	135 of 208 · highest-to-lowest	35.3 / 100	-10.5 pp vs world	-0.5%	171 of 207 · highest-to-lowest	17.5 / 100	-7.1 pp vs world	0.0%	131 of 208 · highest-to-lowest	37.2 / 100	-100.0 pp vs world
Armenia	2007	9.9%	125 of 208 · highest-to-lowest	40.1 / 100	-7.2 pp vs world	61.6%	135 of 208 · highest-to-lowest	35.3 / 100	-10.9 pp vs world	1.6%	148 of 207 · highest-to-lowest	28.6 / 100	-4.4 pp vs world	0.0%	129 of 208 · highest-to-lowest	38.2 / 100	-100.0 pp vs world
Armenia	2008	9.4%	130 of 210 · highest-to-lowest	38.3 / 100	-7.5 pp vs world	65.5%	121 of 210 · highest-to-lowest	42.6 / 100	-4.5 pp vs world	0.9%	123 of 208 · highest-to-lowest	41.1 / 100	-0.3 pp vs world	0.0%	129 of 210 · highest-to-lowest	38.8 / 100	-100.0 pp vs world
Armenia	2009	9.1%	131 of 210 · highest-to-lowest	37.8 / 100	-7.1 pp vs world	63.7%	131 of 210 · highest-to-lowest	37.8 / 100	-8.9 pp vs world	-7.1%	140 of 210 · highest-to-lowest	33.5 / 100	-0.8 pp vs world	0.0%	138 of 210 · highest-to-lowest	34.4 / 100	-100.0 pp vs world
Armenia	2010	10.3%	122 of 210 · highest-to-lowest	42.1 / 100	-6.5 pp vs world	62.4%	126 of 210 · highest-to-lowest	40.2 / 100	-8.4 pp vs world	12.6%	32 of 210 · highest-to-lowest	85.2 / 100	+3.5 pp vs world	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2011	11.0%	115 of 210 · highest-to-lowest	45.5 / 100	-5.9 pp vs world	61.7%	121 of 210 · highest-to-lowest	42.6 / 100	-7.6 pp vs world	12.4%	27 of 210 · highest-to-lowest	87.6 / 100	+8.0 pp vs world	0.0%	135 of 210 · highest-to-lowest	35.9 / 100	-100.0 pp vs world
Armenia	2012	10.3%	122 of 210 · highest-to-lowest	42.1 / 100	-6.4 pp vs world	58.6%	128 of 210 · highest-to-lowest	39.2 / 100	-10.9 pp vs world	4.1%	71 of 210 · highest-to-lowest	66.5 / 100	+1.8 pp vs world	0.0%	136 of 210 · highest-to-lowest	35.4 / 100	-100.0 pp vs world
Armenia	2013	10.7%	116 of 210 · highest-to-lowest	45.0 / 100	-6.0 pp vs world	59.6%	122 of 210 · highest-to-lowest	42.1 / 100	-10.4 pp vs world	7.7%	35 of 210 · highest-to-lowest	83.7 / 100	+4.6 pp vs world	0.0%	132 of 210 · highest-to-lowest	37.3 / 100	-100.0 pp vs world
Armenia	2014	10.7%	116 of 210 · highest-to-lowest	45.0 / 100	-6.1 pp vs world	60.5%	123 of 210 · highest-to-lowest	41.6 / 100	-11.3 pp vs world	6.0%	60 of 210 · highest-to-lowest	71.8 / 100	+1.8 pp vs world	0.0%	132 of 210 · highest-to-lowest	37.3 / 100	-100.0 pp vs world
Armenia	2015	10.1%	120 of 210 · highest-to-lowest	43.1 / 100	-6.9 pp vs world	56.4%	137 of 210 · highest-to-lowest	34.9 / 100	-19.8 pp vs world	-5.5%	183 of 210 · highest-to-lowest	12.9 / 100	-9.1 pp vs world	0.0%	134 of 210 · highest-to-lowest	36.4 / 100	-100.0 pp vs world
Armenia	2016	11.2%	112 of 210 · highest-to-lowest	46.9 / 100	-5.6 pp vs world	57.7%	134 of 210 · highest-to-lowest	36.4 / 100	-19.6 pp vs world	11.1%	23 of 210 · highest-to-lowest	89.5 / 100	+8.6 pp vs world	0.0%	131 of 210 · highest-to-lowest	37.8 / 100	-100.0 pp vs world
Armenia	2017	11.6%	104 of 210 · highest-to-lowest	50.7 / 100	-5.1 pp vs world	57.3%	131 of 210 · highest-to-lowest	37.8 / 100	-18.8 pp vs world	11.8%	18 of 210 · highest-to-lowest	91.9 / 100	+8.4 pp vs world	0.0%	131 of 210 · highest-to-lowest	37.8 / 100	-100.0 pp vs world
Armenia	2018	12.3%	95 of 210 · highest-to-lowest	55.0 / 100	-4.5 pp vs world	62.1%	123 of 210 · highest-to-lowest	41.6 / 100	-12.9 pp vs world	11.2%	22 of 210 · highest-to-lowest	90.0 / 100	+7.3 pp vs world	0.0%	126 of 210 · highest-to-lowest	40.2 / 100	-100.0 pp vs world
Armenia	2019	12.9%	90 of 210 · highest-to-lowest	57.4 / 100	-3.5 pp vs world	62.9%	120 of 210 · highest-to-lowest	43.1 / 100	-12.7 pp vs world	9.5%	24 of 210 · highest-to-lowest	89.0 / 100	+8.1 pp vs world	0.0%	121 of 210 · highest-to-lowest	42.6 / 100	-100.0 pp vs world
Armenia	2020	13.5%	84 of 210 · highest-to-lowest	60.3 / 100	-2.8 pp vs world	62.0%	121 of 210 · highest-to-lowest	42.6 / 100	-15.6 pp vs world	-4.0%	100 of 210 · highest-to-lowest	52.6 / 100	-1.5 pp vs world	0.0%	119 of 210 · highest-to-lowest	43.5 / 100	-100.0 pp vs world
Armenia	2021	12.2%	96 of 210 · highest-to-lowest	54.5 / 100	-4.7 pp vs world	55.6%	129 of 210 · highest-to-lowest	38.8 / 100	-19.9 pp vs world	2.6%	148 of 210 · highest-to-lowest	29.7 / 100	-6.4 pp vs world	0.0%	126 of 210 · highest-to-lowest	40.2 / 100	-100.0 pp vs world
Armenia	2022	12.5%	98 of 210 · highest-to-lowest	53.6 / 100	-3.8 pp vs world	61.3%	121 of 210 · highest-to-lowest	42.6 / 100	-10.6 pp vs world	12.5%	17 of 210 · highest-to-lowest	92.3 / 100	+10.5 pp vs world	0.0%	117 of 210 · highest-to-lowest	44.5 / 100	-100.0 pp vs world
Armenia	2023	11.2%	108 of 210 · highest-to-lowest	48.8 / 100	-4.8 pp vs world	64.1%	118 of 210 · highest-to-lowest	44.0 / 100	-9.3 pp vs world	-2.5%	159 of 210 · highest-to-lowest	24.4 / 100	-4.0 pp vs world	0.0%	116 of 210 · highest-to-lowest	45.0 / 100	-100.0 pp vs world
Armenia	2024	11.0%	110 of 210 · highest-to-lowest	47.8 / 100	-4.7 pp vs world	64.3%	117 of 210 · highest-to-lowest	44.5 / 100	-9.7 pp vs world	4.4%	68 of 210 · highest-to-lowest	67.9 / 100	+1.5 pp vs world	0.0%	115 of 210 · highest-to-lowest	45.5 / 100	-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