Armenia GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Armenia is $32.97 billion ($32,974,000,000) as of 2026, according to the International Monetary Fund (IMF). #119 in the world
The GDP growth rate in 2026 is 5.5%, according to the International Monetary Fund (IMF).
GDP per Capita in Armenia (with a population of 2,930,915 people) is $10,662 in 2026, an increase of $1,167 from $9,496 in 2025; this represents a change of 12.3% in GDP per capita. #114 in the world

GDP Change (%)

Gross Domestic Product (GDP) of Armenia

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$32,974,000,0005.5%$10,662−0.73%
2025$29,308,000,0007.1%$9,496−0.72%
2024$26,099,000,0005.9%$8,456+1.03%
2023$24,186,000,0008.3%$7,973+2.17%
2022$19,514,000,00012.6%$6,539+0.37%
2021$13,879,000,0005.8%$4,674−0.71%
2020$12,642,000,000−7.1%$4,267−0.45%
2019$13,619,000,0007.6%$4,599−0.21%
2018$12,458,000,0005.2%$4,205−0.17%
2017$11,527,000,0007.5%$3,883−0.13%
2016$10,546,000,0000.2%$3,540−0.08%
2015$10,553,000,0003.2%$3,527−0.04%
2014$11,610,000,0003.6%$3,8640.00%
2013$11,121,000,0003.3%$3,6900.00%
2012$10,946,000,0007.2%$3,622−0.03%
2011$10,142,000,0004.7%$3,354−0.27%
2010$9,260,000,0002.2%$3,066−0.49%
2009$8,648,000,000−14.2%$2,847−0.49%
2008$11,662,000,0006.9%$3,804−0.50%
2007$9,206,000,00013.7%$2,982−0.52%
2006$6,384,000,00013.2%$2,055−0.53%
2005$4,900,000,00013.8%$1,567−0.54%
2004$3,577,000,00010.4%$1,137−0.54%
2003$2,807,000,00014.0%$887−0.55%
2002$2,376,000,00014.8%$747−0.93%
2001$2,118,000,0009.6%$662−1.32%
2000$1,912,000,0005.6%$595−1.32%
1999$1,845,000,0003.4%$573−1.28%
1998$1,892,000,0007.3%$586−1.17%
1997$1,639,000,0003.2%$507−0.99%
1996$1,597,000,0005.9%$493−0.87%
1995$1,287,000,0008.2%$396−1.69%
1994$648,000,0005.4%$199−2.57%
1993$835,000,000−14.1%$248−3.32%
1992$108,000,000$31−1.17%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$83,239,000,000$26,9168.8%−0.73%
2025$76,331,000,000$24,7309.9%−0.72%
2024$69,465,000,000$22,5066.8%+1.03%
2023$63,943,000,000$21,07810.6%+2.17%
2022$56,885,000,000$19,06220%+0.37%
2021$47,165,000,000$15,8848%−0.71%
2020$43,553,000,000$14,702−1.9%−0.45%
2019$44,366,000,000$14,98116.1%−0.21%
2018$38,233,000,000$12,9066.6%−0.17%
2017$35,949,000,000$12,1089.8%−0.13%
2016$32,847,000,000$11,0251.6%−0.08%
2015$32,475,000,000$10,8524.6%−0.04%
2014$31,168,000,000$10,3735.7%0.00%
2013$29,568,000,000$9,8115.4%0.00%
2012$28,136,000,000$9,3109.2%−0.03%
2011$25,778,000,000$8,5246.7%−0.27%
2010$24,123,000,000$7,9884%−0.49%
2009$23,321,000,000$7,679−12.8%−0.49%
2008$26,998,000,000$8,8069.8%−0.50%
2007$24,767,000,000$8,02317.6%−0.52%
2006$21,199,000,000$6,82217.4%−0.53%
2005$18,167,000,000$5,81018.1%−0.54%
2004$15,478,000,000$4,91914%−0.54%
2003$13,658,000,000$4,31616.9%−0.55%
2002$11,745,000,000$3,69017.2%−0.93%
2001$10,078,000,000$3,15012.5%−1.32%
2000$8,993,000,000$2,8008.3%−1.32%
1999$8,330,000,000$2,5865.1%−1.28%
1998$7,945,000,000$2,4608.7%−1.17%
1997$7,324,000,000$2,2645.3%−0.99%
1996$6,973,000,000$2,1518%−0.87%
1995$6,468,000,000$1,99210.7%−1.69%
1994$5,855,000,000$1,79911.5%−2.57%
1993$5,439,000,000$1,614−9.9%−3.32%
1992$6,182,000,000$1,792–−1.17%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$29,243,452,882$17,489,816,843−0.72%
2024$25,955,275,380$16,315,127,652+1.03%
2023$24,185,982,216$15,406,163,978+2.17%
2022$19,513,506,553$14,225,451,503+0.37%
2021$13,878,908,629$12,633,615,900−0.71%
2020$12,641,698,583$11,941,035,822−0.45%
2019$13,619,290,539$12,867,495,498−0.21%
2018$12,457,940,695$11,958,638,938−0.17%
2017$11,527,458,709$11,367,527,508−0.13%
2016$10,546,136,236$10,574,444,193−0.08%
2015$10,553,337,518$10,553,337,518−0.04%
2014$11,609,513,247$10,226,102,2470.00%
2013$11,121,464,437$9,870,755,0640.00%
2012$10,619,320,683$9,555,426,006−0.03%
2011$10,142,111,825$8,913,643,662−0.27%
2010$9,260,285,756$8,513,508,751−0.49%
2009$8,647,937,081$8,330,243,396−0.49%
2008$11,662,040,714$9,697,605,817−0.50%
2007$9,206,301,270$9,071,661,194−0.52%
2006$6,384,452,067$7,978,593,838−0.53%
2005$4,900,469,511$7,048,227,772−0.54%
2004$3,576,615,240$6,188,084,085−0.54%
2003$2,807,061,009$5,600,076,095−0.55%
2002$2,376,335,048$4,912,347,451−0.93%
2001$2,118,467,913$4,339,529,551−1.32%
2000$1,911,563,669$3,959,424,773−1.32%
1999$1,845,482,173$3,738,833,591−1.28%
1998$1,893,726,437$3,619,393,602−1.17%
1997$1,639,492,445$3,373,153,404−0.99%
1996$1,596,968,946$3,264,729,147−0.87%
1995$1,468,317,435$3,083,849,042−1.69%
1994$1,315,158,637$2,884,798,024−2.57%
1993$1,201,312,829$2,736,999,951−3.32%
1992$1,272,835,453$3,001,096,397−1.17%
1991$2,069,870,130$5,156,523,263+1.74%
1990$2,256,863,449$5,839,777,094+3.17%

Armenia GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$34,057,000,0005.5%$11,045−0.70%
2028$36,087,000,0005.3%$11,739−0.68%
2029$38,561,000,0005.0%$12,584−0.69%
2030$41,238,000,0005.0%$13,502−0.69%
2031$44,094,000,0005.0%$14,485−0.68%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$90,538,000,000$29,362−7.2%−0.70%
2028$97,272,000,000$31,642−6.8%−0.68%
2029$104,031,000,000$33,949−6.8%−0.69%
2030$111,213,000,000$36,412−6.7%−0.69%
2031$118,740,000,000$39,007–−0.68%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Armenia