Armenia Annual GDP Growth Table
Source: World-bankGrowth | Growth Capita
In 2024, Armenia experienced a significant a decrease in its GDP growth rate, which fall to 5.9% from 8.3% in 2023. Additionally, the GDP per capita growth rate in Armenia decrease to 3.484% in 2024, compared to 8.479% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 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 | - | - | - | - |
| 1991 | -11.7 | - | -13.211 | - |
| 1992 | -41.8% | -30.10% | -41.114% | -27.90% |
| 1993 | -8.8% | 33.00% | -5.67% | 35.44% |
| 1994 | 5.4% | 14.20% | 8.179% | 13.85% |
| 1995 | 6.9% | 1.50% | 8.743% | 0.56% |
| 1996 | 5.865% | -1.04% | 6.797% | -1.95% |
| 1997 | 3.321% | -2.54% | 4.354% | -2.44% |
| 1998 | 7.3% | 3.98% | 8.567% | 4.21% |
| 1999 | 3.3% | -4.00% | 4.641% | -3.93% |
| 2000 | 5.9% | 2.60% | 4.131% | -0.51% |
| 2001 | 9.6% | 3.70% | 9.917% | 5.79% |
| 2002 | 13.2% | 3.60% | 13.625% | 3.71% |
| 2003 | 14% | 0.80% | 14.62% | 0.99% |
| 2004 | 10.5% | -3.50% | 11.114% | -3.51% |
| 2005 | 13.9% | 3.40% | 14.57% | 3.46% |
| 2006 | 13.2% | -0.70% | 13.899% | -0.67% |
| 2007 | 13.7% | 0.50% | 14.421% | 0.52% |
| 2008 | 6.9% | -6.80% | 7.603% | -6.82% |
| 2009 | -14.1% | -21.00% | -13.509% | -21.11% |
| 2010 | 2.2% | 16.30% | 2.912% | 16.42% |
| 2011 | 4.7% | 2.50% | 5.284% | 2.37% |
| 2012 | 7.2% | 2.50% | 7.335% | 2.05% |
| 2013 | 3.3% | -3.90% | 3.372% | -3.96% |
| 2014 | 3.6% | 0.30% | 3.882% | 0.51% |
| 2015 | 3.2% | -0.40% | 3.516% | -0.37% |
| 2016 | 0.2% | -3.00% | 0.612% | -2.90% |
| 2017 | 7.5% | 7.30% | 7.965% | 7.35% |
| 2018 | 5.2% | -2.30% | 5.569% | -2.40% |
| 2019 | 7.6% | 2.40% | 7.836% | 2.27% |
| 2020 | -7.2% | -14.80% | -7.169% | -15.01% |
| 2021 | 5.8% | 13.00% | 5.771% | 12.94% |
| 2022 | 12.6% | 6.80% | 12.338% | 6.57% |
| 2023 | 8.3% | -4.30% | 8.479% | -3.86% |
| 2024 | 5.9% | -2.40% | 3.484% | -5.00% |