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Armenia — Inflation

Inflation, Consumer Prices (Annual %) for Armenia, 1994–2025.

Latest value · 2025
3.31%
Inflation, Consumer Prices (Annual %) · annual % · -99.9% since 1994

Inflation for Armenia was 3.31% in 2025, according to the latest World Bank data. The series covers 32 years, from 1994 to 2025. The highest recorded value was 3373.76% in 1994. The lowest was -1.40% in 2016 (about -2.4× the low point). Across that span the compound annual growth rate works out to -20.03% per year.

Armenia ranks 88 of 187 economies on this measure (1 = highest), putting it in the top 47%. The median for Europe & Central Asia is 3.79%, so Armenia sits below it. It peaked in 1994 and has fallen 100% since. Over the last decade (2015–2025) the figure moved down 11%.

Key figures

Latest (2025)
3.31%
First (1994)
3373.76%
Change
-99.9%
Highest
3373.76%
in 1994
Lowest
-1.40%
in 2016
Average
115.13%
Annual growth (CAGR)
-20.03%
Years of data
32

Recent years

Yearannual %
20253.31%
20240.27%
20231.98%
20228.64%
20217.18%
20201.21%
20191.44%
20182.52%
20170.97%
2016-1.4%
20153.73%
20142.98%
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator FP.CPI.TOTL.ZG — Inflation, Consumer Prices (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.