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Unit ( Billions of US dollars )
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According to the latest statistical data released by the World Bank in 2024, the gross domestic product(GDP) of Armenia in 2021 was $13.86 billion, ranking 130th in the world and 37th in Asian countries. In 2020, the GDP of Armenia was $12.64 billion, ranking 134th in the world and 40th in Asian countries. In 2019, the GDP of Armenia was $13.62 billion, ranking 135th in the world and 42nd in Asian countries. In 2018, the GDP of Armenia was $12.46 billion, ranking 143rd in the world and 43rd in Asian countries. Armenia's GDP growth rates in 2021, 2020, 2019 and 2018 were 9.65%, -7.18%, 9.32% and 8.08% respectively.
| Year | GDP | Share of World GDP |
|---|---|---|
| 2021 | $13.86 billion | 0.0144% |
| 2020 | $12.64 billion | 0.0149% |
| 2019 | $13.62 billion | 0.0155% |
| 2018 | $12.46 billion | 0.0144% |
| 2017 | $11.53 billion | 0.0142% |
| 2016 | $10.55 billion | 0.0138% |
| 2015 | $10.55 billion | 0.014% |
| 2014 | $11.61 billion | 0.0146% |
| 2013 | $11.12 billion | 0.0143% |
| 2012 | $10.62 billion | 0.0141% |
| 2011 | $10.14 billion | 0.0137% |
| 2010 | $9.26 billion | 0.0139% |
| 2009 | $8.65 billion | 0.0142% |
| 2008 | $11.66 billion | 0.0182% |
| 2007 | $9.21 billion | 0.0158% |
| 2006 | $6.38 billion | 0.0123% |
| 2005 | $4.9 billion | 0.0103% |
| 2004 | $3.58 billion | 0.0081% |
| 2003 | $2.81 billion | 0.0072% |
| 2002 | $2.38 billion | 0.0068% |
| 2001 | $2.12 billion | 0.0063% |
| 2000 | $1.91 billion | 0.0057% |
| 1999 | $1.85 billion | 0.0056% |
| 1998 | $1.89 billion | 0.006% |
| 1997 | $1.64 billion | 0.0052% |
| 1996 | $1.6 billion | 0.005% |
| 1995 | $1.47 billion | 0.0047% |
| 1994 | $1.32 billion | 0.0047% |
| 1993 | $1.2 billion | 0.0047% |
| 1992 | $1.27 billion | 0.005% |
| 1991 | $2.07 billion | 0.0087% |
| 1990 | $2.26 billion | 0.0099% |