Armenia GDP

Nominal GDP in billions of USD

Year -

$24.21 billions(24.09%)

In 2023, Armenia witnessed an increase in its Nominal GDP, rising to 24.21 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 64.040 international billion dollars.

Relatedly, in the preceding year of 2022, Armenia has Nominal GDP stood at 19.51 billion dollars, while the GDP based on PPP was 56.85 international billion dollars.

Armenia GDP

The net change in Armenia's GDP (Nominal) in 2023 increased by 4.70 billion dollars(24.090%), and GDP (PPP) increased by 7.19 international billion dollars(12.65%).


Armenia Annual GDP Table

Source: worldbank Nominal PPP

Armenia Annual GDP
NominalPPP
Year Bil $ Net Chg % Chg Int Bil $ Net Chg % Chg
1960--- ---
1961--- ---
1962--- ---
1963--- ---
1964--- ---
1965--- ---
1966--- ---
1967--- ---
1968--- ---
1969--- ---
1970--- ---
1971--- ---
1972--- ---
1973--- ---
1974--- ---
1975--- ---
1976--- ---
1977--- ---
1978--- ---
1979--- ---
1980--- ---
1981--- ---
1982--- ---
1983--- ---
1984--- ---
1985--- ---
1986--- ---
1987--- ---
1988--- ---
1989--- ---
19902.26-- 9.80--
19912.07-0.19-8.41 %8.95-0.85-8.67 %
19921.27-0.8-38.65 %5.33-3.62-40.45 %
19931.20-0.07-5.51 %4.97-0.36-6.75 %
19941.320.1210 %5.350.387.65 %
19951.470.1511.36 %5.840.499.16 %
19961.600.138.84 %6.300.467.88 %
19971.640.042.5 %6.620.325.08 %
19981.890.2515.24 %7.180.568.46 %
19991.85-0.04-2.12 %7.530.354.87 %
20001.910.063.24 %8.150.628.23 %
20012.120.2110.99 %9.140.9912.15 %
20022.380.2612.26 %10.501.3614.88 %
20032.810.4318.07 %12.211.7116.29 %
20043.580.7727.4 %13.851.6413.43 %
20054.901.3236.87 %16.272.4217.47 %
20066.381.4830.2 %18.992.7216.72 %
20079.212.8344.36 %22.183.1916.8 %
200811.662.4526.6 %24.161.988.93 %
20098.65-3.01-25.81 %20.88-3.28-13.58 %
20109.260.617.05 %21.600.723.45 %
201110.140.889.5 %23.091.496.9 %
201210.620.484.73 %27.043.9517.11 %
201311.120.54.71 %28.571.535.66 %
201411.610.494.41 %29.340.772.7 %
201510.55-1.06-9.13 %29.32-0.02-0.07 %
201610.5500 %31.632.317.88 %
201711.530.989.29 %35.954.3213.66 %
201812.460.938.07 %38.232.286.34 %
201913.621.169.31 %44.376.1416.06 %
202012.64-0.98-7.2 %43.55-0.82-1.85 %
202113.881.249.81 %47.163.618.29 %
202219.515.6340.56 %56.859.6920.55 %
202324.214.724.09 %64.047.1912.65 %