Nominal GDP in billions of USD
Year -
$25.96 billions(7.32%)
In 2024, Armenia witnessed an increase in its Nominal GDP, rising to 25.96 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 69.23 international billion dollars.
Relatedly, in the preceding year of 2023, Armenia has Nominal GDP stood at 24.19 billion dollars, while the GDP based on PPP was 63.83 international billion dollars.
The net change in Armenia's GDP (Nominal) in 2024 increased by 1.77 billion dollars(7.32%), and GDP (PPP) increased by 5.40 international billion dollars(8.46%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - | - |
| 1990 | 2.26 | - | - | 9.80 | - | - |
| 1991 | 2.07 | -0.19 | -8.41 % | 8.95 | -0.85 | -8.67 % |
| 1992 | 1.27 | -0.8 | -38.65 % | 5.33 | -3.62 | -40.45 % |
| 1993 | 1.20 | -0.07 | -5.51 % | 4.97 | -0.36 | -6.75 % |
| 1994 | 1.32 | 0.12 | 10 % | 5.35 | 0.38 | 7.65 % |
| 1995 | 1.47 | 0.15 | 11.36 % | 5.84 | 0.49 | 9.16 % |
| 1996 | 1.60 | 0.13 | 8.84 % | 6.30 | 0.46 | 7.88 % |
| 1997 | 1.64 | 0.04 | 2.5 % | 6.62 | 0.32 | 5.08 % |
| 1998 | 1.89 | 0.25 | 15.24 % | 7.18 | 0.56 | 8.46 % |
| 1999 | 1.85 | -0.04 | -2.12 % | 7.53 | 0.35 | 4.87 % |
| 2000 | 1.91 | 0.06 | 3.24 % | 8.15 | 0.62 | 8.23 % |
| 2001 | 2.12 | 0.21 | 10.99 % | 9.14 | 0.99 | 12.15 % |
| 2002 | 2.38 | 0.26 | 12.26 % | 10.50 | 1.36 | 14.88 % |
| 2003 | 2.81 | 0.43 | 18.07 % | 12.21 | 1.71 | 16.29 % |
| 2004 | 3.58 | 0.77 | 27.4 % | 13.85 | 1.64 | 13.43 % |
| 2005 | 4.90 | 1.32 | 36.87 % | 16.27 | 2.42 | 17.47 % |
| 2006 | 6.38 | 1.48 | 30.2 % | 18.99 | 2.72 | 16.72 % |
| 2007 | 9.21 | 2.83 | 44.36 % | 22.18 | 3.19 | 16.8 % |
| 2008 | 11.66 | 2.45 | 26.6 % | 24.16 | 1.98 | 8.93 % |
| 2009 | 8.65 | -3.01 | -25.81 % | 20.88 | -3.28 | -13.58 % |
| 2010 | 9.26 | 0.61 | 7.05 % | 21.60 | 0.72 | 3.45 % |
| 2011 | 10.14 | 0.88 | 9.5 % | 23.09 | 1.49 | 6.9 % |
| 2012 | 10.62 | 0.48 | 4.73 % | 27.04 | 3.95 | 17.11 % |
| 2013 | 11.12 | 0.5 | 4.71 % | 28.57 | 1.53 | 5.66 % |
| 2014 | 11.61 | 0.49 | 4.41 % | 29.34 | 0.77 | 2.7 % |
| 2015 | 10.55 | -1.06 | -9.13 % | 29.32 | -0.02 | -0.07 % |
| 2016 | 10.55 | 0 | 0 % | 31.63 | 2.31 | 7.88 % |
| 2017 | 11.53 | 0.98 | 9.29 % | 35.95 | 4.32 | 13.66 % |
| 2018 | 12.46 | 0.93 | 8.07 % | 38.23 | 2.28 | 6.34 % |
| 2019 | 13.62 | 1.16 | 9.31 % | 44.37 | 6.14 | 16.06 % |
| 2020 | 12.64 | -0.98 | -7.2 % | 43.55 | -0.82 | -1.85 % |
| 2021 | 13.88 | 1.24 | 9.81 % | 47.16 | 3.61 | 8.29 % |
| 2022 | 19.51 | 5.63 | 40.56 % | 56.89 | 9.73 | 20.63 % |
| 2023 | 24.19 | 4.68 | 23.99 % | 63.83 | 6.94 | 12.2 % |
| 2024 | 25.96 | 1.77 | 7.32 % | 69.23 | 5.4 | 8.46 % |