🇦🇲Rank #121

Armenia GDP (2026)

Updated · Source: IMF World Economic Outlook, April 2026

Nominal Gross Domestic Product (GDP) of Armenia is $31.87 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 5.3%. GDP per capita is $10,410.

Armenia GDP Trend

Nominal GDP of Armenia has grown from $0.11 billion in 1992 to $31.87 billion in 2026.

$0.0B$8.0B$15.9B$23.9B$31.9B1992199720022007201220172022

Armenia GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Armenia. Hover any bar to see the exact value for that year.

Average Growth
5.59%
Best Year
2002 (+14.8%)
Worst Year
1993 (-14.1%)
Years of Contraction
3 of 34
15.0%0.0%1993199820032008201320182023

GDP per capita in Armenia rose from $9,521 in 2025 to $10,410 in 2026, an increase of 9.3%.

"Armenia GDP", "Armenia gross domestic product", and "Armenia economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Armenia

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Armenia for every year IMF has published data, from 1992 to 2026. Click any column header to sort, or search by year.

Armenia nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026$31,873,000,0005.3%$10,410-0.29%
2025$29,243,000,0007.2%$9,5211.22%
2024$25,955,000,0005.9%$8,5560%
2023$24,186,000,0008.3%$7,9731.68%
2022$19,514,000,00012.6%$6,5390.51%
2021$13,879,000,0005.8%$4,6740.24%
2020$12,642,000,000-7.1%$4,2680%
2019$13,619,000,0007.6%$4,599-0.03%
2018$12,458,000,0005.2%$4,205-0.2%
2017$11,527,000,0007.5%$3,883-0.34%
2016$10,546,000,0000.2%$3,540-0.43%
2015$10,553,000,0003.3%$3,527-0.43%
2014$11,610,000,0003.6%$3,864-0.3%
2013$11,121,000,0003.4%$3,690-0.26%
2012$10,619,000,0007.1%$3,514-0.07%
2011$10,142,000,0004.7%$3,3540.13%
2010$9,260,000,0002.2%$3,066-0.56%
2009$8,648,000,000-14.1%$2,848-0.95%
2008$11,662,000,0006.9%$3,804-0.68%
2007$9,206,000,00013.7%$2,982-0.64%
2006$6,384,000,00013.2%$2,055-0.64%
2005$4,900,000,00013.8%$1,567-0.6%
2004$3,577,000,00010.4%$1,137-0.6%
2003$2,807,000,00014%$887-0.57%
2002$2,376,000,00014.8%$747-0.53%
2001$2,118,000,0009.6%$662-0.37%
2000$1,912,000,0005.6%$595-0.28%
1999$1,845,000,0003.4%$573-0.28%
1998$1,892,000,0007.3%$586-0.15%
1997$1,639,000,0003.2%$507-0.22%
1996$1,597,000,0005.9%$493-0.15%
1995$1,287,000,0008.2%$396-0.25%
1994$648,000,0005.4%$199-3.41%
1993$835,000,000-14.1%$248-2.32%
1992$108,000,000$31-1.71%

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Armenia GDP Projections (IMF)

IMF projects nominal GDP for Armenia through 2031, based on current growth and inflation assumptions.

Armenia nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2031$43,618,000,0005%$14,501-0.36%
2030$40,665,000,0005%$13,469-0.36%
2029$37,902,000,0005%$12,507-0.36%
2028$35,404,000,0005%$11,642-0.36%
2027$33,553,000,0005.5%$10,995-0.33%

Compare Armenia to Nearby-Ranked Economies

Armenia ranks #121 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#120Burkina Faso GDP#122Malta GDP

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Frequently Asked Questions

What is the GDP of Armenia?

The nominal GDP of Armenia in 2026 is $31.87 billion, according to the IMF World Economic Outlook (April 2026). This ranks Armenia 121th in the world by nominal GDP.

What is the GDP growth rate of Armenia?

The GDP growth rate of Armenia in 2026 is 5.3%, per IMF estimates.

What is the GDP per capita of Armenia?

GDP per capita in Armenia in 2026 is $10,410, per IMF data.

Is the GDP of Armenia expected to grow?

IMF projects the nominal GDP of Armenia to reach $43.62 billion by 2031, up from $31.87 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

See also: GDP by Country (all countries) · Full World GDP Ranking Analysis · What is GDP?

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.