Armenia — GDP growth
GDP Growth (Annual %) for Armenia, 1991–2025.
GDP growth for Armenia was 7.20% in 2025, according to the latest World Bank data. The series covers 35 years, from 1991 to 2025. The highest recorded value was 14.00% in 2003. The lowest was -41.80% in 1992 (about -5.8× the latest value).
Armenia ranks 19 of 212 economies on this measure (1 = highest), putting it in the top 9%. The median for Europe & Central Asia is 2.03%, so Armenia sits above it. It peaked in 2003 and has fallen 49% since. Over the last decade (2015–2025) the figure moved up 125%. Within Europe & Central Asia it ranks 7 of 57 economies; Kazakhstan (6.50%) is just below it. Its sharpest one-year move was up 3650% in 2017. That is 41% above this series' own ten-year average.
Data highlights
World ranking. Climbed: 182nd of 194 in 1991 → 52nd of 199 in 2000 → 142nd of 209 in 2010 → 147th of 209 in 2020 → 16th of 186 in 2025.
Key figures
Full history — 1991 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 7.2% | +1.3 pp |
| 2024 | 5.9% | -2.4 pp |
| 2023 | 8.3% | -4.3 pp |
| 2022 | 12.6% | +6.8 pp |
| 2021 | 5.8% | +13.0 pp |
| 2020 | -7.2% | -14.8 pp |
| 2019 | 7.6% | +2.4 pp |
| 2018 | 5.2% | -2.3 pp |
| 2017 | 7.5% | +7.3 pp |
| 2016 | 0.2% | -3.0 pp |
| 2015 | 3.2% | -0.4 pp |
| 2014 | 3.6% | +0.3 pp |
| 2013 | 3.3% | -3.9 pp |
| 2012 | 7.2% | +2.5 pp |
| 2011 | 4.7% | +2.5 pp |
| 2010 | 2.2% | +16.3 pp |
| 2009 | -14.1% | -21.0 pp |
| 2008 | 6.9% | -6.8 pp |
| 2007 | 13.7% | +0.5 pp |
| 2006 | 13.2% | -0.7 pp |
| 2005 | 13.9% | +3.4 pp |
| 2004 | 10.5% | -3.5 pp |
| 2003 | 14% | +0.8 pp |
| 2002 | 13.2% | +3.6 pp |
| 2001 | 9.6% | +3.7 pp |
| 2000 | 5.9% | +2.6 pp |
| 1999 | 3.3% | -4.0 pp |
| 1998 | 7.3% | +4.0 pp |
| 1997 | 3.32% | -2.5 pp |
| 1996 | 5.87% | -1.0 pp |
| 1995 | 6.9% | +1.5 pp |
| 1994 | 5.4% | +14.2 pp |
| 1993 | -8.8% | +33.0 pp |
| 1992 | -41.8% | -30.1 pp |
| 1991 | -11.7% | — |
Frequently asked questions
What was Armenia’s GDP growth in 1992?
-41.8% (1992). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Armenia’s GDP growth growing or shrinking?
Between 1991 and 2025 the series was growing overall: +161.5% in total.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 7.2%; 2024: 5.9%; 2023: 8.3%; 2022: 12.6%; 2021: 5.8%. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.