Armenia GDP (2026)

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Last updated: GDP values are shown in current U.S. dollars

Armenia 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 Live GDP
$18,724,921,574
GDP Added Today
$37,738,012
GDP Growth Rate (2026)
5.30%
vs 2025
โ–ผ โˆ’1.90%
GDP Per Capita (2026)
$10,410
vs 2025
โ–ฒ +$889
Global Rank (Nominal)
#121
of 218 countries
Years Covered
1992โ€“2026
35 years

Armenia GDP Growth (1992โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1992โ€“2026 GDP performance summary

Highest GDP $31.87B
Lowest GDP $108.00M
Average Growth 5.43%
1992โ€“2026
Best Growth 14.80%
Weakest Growth -14.20%
โ—‰

Share of World GDP (2026)

Armenia 0.03%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 50.16%
โ˜†

Key Findings

โœ“

Armenia's GDP in 2026 is $31.87B.

โœ“

It ranks #121 among 218 countries.

โœ“

Armenia contributes 0.03% to the world economy.

โœ“

GDP per capita is $10,410 in 2026.

โœ“

The economy recorded GDP growth of 5.30% in 2026.

Historical Data

Armenia GDP Historical Data (1992โ€“2026)

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

Armeniaโ€™s 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.