Armenia GDP (2026)
LiveArmenia has a developing economy supported by information technology, mining, manufacturing, agriculture, and a growing services sector. Its strategic location between Europe and Asia, combined with an increasingly skilled workforce, has encouraged investment in technology and export-oriented industries. This page provides the latest Armenia GDP data, historical trends, and the country's economic outlook for 2026.
Armenia GDP Growth (1992โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1992โ2026 GDP performance summary
Share of World GDP (2026)
Key Findings
Armenia's GDP in 2026 is $31.87B.
It ranks #121 among 218 countries.
Armenia contributes 0.03% to the world economy.
GDP per capita is $10,410 in 2026.
The economy recorded GDP growth of 5.30% in 2026.
Armenia GDP Historical Data (1992โ2026)
| 2026 | $31,873,000,000 | 5.30% | $10,410 | 0.03% | #120 |
| 2025 | $29,243,000,000 | 7.20% | $9,521 | 0.02% | #117 |
| 2024 | $25,955,000,000 | 5.90% | $8,556 | 0.02% | #116 |
| 2023 | $24,186,000,000 | 8.30% | $7,973 | 0.02% | #117 |
| 2022 | $19,514,000,000 | 12.60% | $6,539 | 0.02% | #122 |
| 2021 | $13,879,000,000 | 5.80% | $4,674 | 0.01% | #139 |
| 2020 | $12,642,000,000 | -7.10% | $4,267 | 0.01% | #136 |
| 2019 | $13,619,000,000 | 7.60% | $4,599 | 0.02% | #136 |
| 2018 | $12,458,000,000 | 5.20% | $4,205 | 0.01% | #143 |
| 2017 | $11,527,000,000 | 7.50% | $3,883 | 0.01% | #140 |
| 2016 | $10,546,000,000 | 0.20% | $3,540 | 0.01% | #142 |
| 2015 | $10,553,000,000 | 3.30% | $3,527 | 0.01% | #142 |
| 2014 | $11,610,000,000 | 3.60% | $3,864 | 0.01% | #142 |
| 2013 | $11,121,000,000 | 3.40% | $3,690 | 0.01% | #139 |
| 2012 | $10,619,000,000 | 7.10% | $3,514 | 0.01% | #139 |
| 2011 | $10,142,000,000 | 4.70% | $3,354 | 0.01% | #141 |
| 2010 | $9,260,000,000 | 2.20% | $3,066 | 0.01% | #140 |
| 2009 | $8,648,000,000 | -14.20% | $2,847 | 0.01% | #140 |
| 2008 | $11,662,000,000 | 6.90% | $3,804 | 0.02% | #124 |
| 2007 | $9,206,000,000 | 13.70% | $2,982 | 0.02% | #129 |
| 2006 | $6,384,000,000 | 13.20% | $2,055 | 0.01% | #140 |
| 2005 | $4,900,000,000 | 13.80% | $1,567 | 0.01% | #143 |
| 2004 | $3,577,000,000 | 10.40% | $1,137 | 0.01% | #149 |
| 2003 | $2,807,000,000 | 14.00% | $887 | 0.01% | #150 |
| 2002 | $2,376,000,000 | 14.80% | $747 | 0.01% | #148 |
| 2001 | $2,118,000,000 | 9.60% | $662 | 0.01% | #147 |
| 2000 | $1,912,000,000 | 5.60% | $595 | 0.01% | #148 |
| 1999 | $1,845,000,000 | 3.40% | $573 | 0.01% | #148 |
| 1998 | $1,892,000,000 | 7.30% | $586 | 0.01% | #147 |
| 1997 | $1,639,000,000 | 3.20% | $507 | 0.01% | #151 |
| 1996 | $1,597,000,000 | 5.90% | $493 | 0.00% | #149 |
| 1995 | $1,287,000,000 | 8.20% | $396 | 0.00% | #151 |
| 1994 | $648,000,000 | 5.40% | $199 | 0.00% | #151 |
| 1993 | $835,000,000 | -14.10% | $248 | 0.00% | #145 |
| 1992 | $108,000,000 | 0.00% | $31 | 0.00% | #150 |
Armenia GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $33,553,000,000 | 5.50% | $10,995 | 0.03% | #115 |
| 2028 | $35,404,000,000 | 5.00% | $11,642 | 0.03% | #116 |
| 2029 | $37,902,000,000 | 5.00% | $12,507 | 0.03% | #116 |
| 2030 | $40,665,000,000 | 5.00% | $13,469 | 0.03% | #115 |
| 2031 | $43,618,000,000 | 5.00% | $14,501 | 0.03% | #115 |
Armenia Economy Overview
Armenia has a diversified economy supported by information technology, mining, manufacturing, agriculture, and services. The country has developed a strong technology sector with growing software development, engineering, and digital startups. Mining remains an important industry, producing copper, molybdenum, and gold for export, while food processing, beverages, textiles, and machinery contribute to manufacturing.
Agriculture produces grapes, fruits, vegetables, wheat, and livestock products, supporting rural employment and exports. Tourism, banking, telecommunications, transportation, and professional services have expanded alongside continued investment in infrastructure. Armenia's strategic location between Europe and Asia also strengthens its role in regional trade and logistics.
Armenia GDP Outlook
Armeniaโs economic prospects are supported by information technology, construction, manufacturing, mining, and expanding professional services. Continued investment in software development, engineering, renewable energy, tourism, and export-oriented production could strengthen economic diversification. Improved transport links and wider access to international markets may also support private investment. Regional tensions, dependence on external trade routes, commodity-price fluctuations, workforce migration, and geopolitical uncertainty remain important risks.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 1992โ2031
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Armenia's nominal GDP in 2026 is approximately $31,873,000,000, measured in current US dollars.
Armenia's GDP growth rate in 2026 is 5.30%.
GDP per capita in Armenia is approximately $10,410 in 2026.
Armenia ranks #121 globally by nominal GDP in 2026.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
Related Pages
- ๐บ๐ธ United States GDP
- ๐จ๐ณ China GDP
- ๐ฉ๐ช Germany GDP
- ๐ฏ๐ต Japan GDP
- ๐ฌ๐ง United Kingdom GDP
- ๐ฎ๐ณ India GDP
- ๐ World GDP Live
- ๐ GDP by Country
- ๐ GDP Per Capita by Country
- ๐ GDP PPP Growth Rate by Country