Armenia vs Georgia
Armenia vs Georgia: Inflation
Inflation in 2025: 3.3% a year in Armenia and 3.9% a year in Georgia, by IMF estimates. In 2025 the value was higher in Georgia, by 0.6 percentage points, or 1.17 times that in Armenia.
% a year · IMF
What the numbers say
- Georgia has been higher since 2014, when it overtook Armenia.
- In 2025, Armenia ranked 78 and Georgia ranked 60 of 179 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Armenia at 3% a year and Georgia at 3% a year in 2031.
Every year
% a year · IMF
| Year | Armenia | Georgia |
|---|---|---|
| 2025 | 3.3 | 3.9 |
| 2024 | 0.3 | 1.1 |
| 2023 | 2 | 2.5 |
| 2022 | 8.6 | 11.9 |
| 2021 | 7.2 | 9.6 |
| 2020 | 1.2 | 5.2 |
| 2019 | 1.4 | 4.9 |
| 2018 | 2.5 | 2.6 |
| 2017 | 1 | 6 |
| 2016 | -1.4 | 2.1 |
| 2015 | 3.7 | 4 |
| 2014 | 3 | 3.1 |
| 2013 | 5.7 | -0.5 |
| 2012 | 2.5 | -0.9 |
| 2011 | 7.5 | 8.5 |
| 2010 | 8.2 | 7.1 |
| 2009 | 3.5 | 1.7 |
| 2008 | 9.1 | 10 |
| 2007 | 4.4 | 9.2 |
| 2006 | 2.9 | 9.2 |
| 2005 | 0.6 | 8.2 |
| 2004 | 6.9 | 5.7 |
| 2003 | 4.7 | 4.8 |
| 2002 | 1 | 5.6 |
| 2001 | 3.2 | 4.7 |
| 2000 | -0.8 | 4 |
| 1999 | 0.7 | 19.1 |
| 1998 | 8.7 | 3.6 |
| 1997 | 14 | 7.2 |
| 1996 | 18.7 | – |
| 1995 | 176.7 | – |
| 1994 | 5,273 | – |
| 1993 | 3,732 | – |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Armenia | Georgia |
|---|---|---|
| 2026 | 4.6 | 5.4 |
| 2027 | 3.6 | 3.6 |
| 2028 | 3.2 | 3 |
| 2029 | 3 | 3 |
| 2030 | 3 | 3 |
| 2031 | 3 | 3 |
Each country on its own
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Armenia vs Georgia
Health
- Life expectancyArmenia: 75.7 years in 2023Georgia: 74.5 years in 2023
- Child mortalityArmenia: 1 per 100 live births in 2024Georgia: 0.9 per 100 live births in 2024
- Infant mortalityArmenia: 8.7 per 1,000 live births in 2023Georgia: 8.1 per 1,000 live births in 2023
- Safe drinking waterArmenia: 82.4% in 2022Georgia: 69.1% in 2022
- DepressionArmenia: 2.76% in 2017Georgia: 2.8% in 2017
- Suicide rateArmenia: 8.3 per 100,000 people in 2017Georgia: 7.5 per 100,000 people in 2017
People
- PopulationArmenia: 2.94 million people in 2023Georgia: 3.81 million people in 2023
- Population growthArmenia: 2.79% a year in 2023Georgia: 0.02% a year in 2023
- Fertility rateArmenia: 1.71 births per woman in 2023Georgia: 1.81 births per woman in 2023
- Urban populationArmenia: 65.9% in 2025Georgia: 61.2% in 2025
- Median ageArmenia: 35.8 years in 2023Georgia: 36.8 years in 2023
- People aged 65 and overArmenia: 13.2% in 2023Georgia: 15.3% in 2023
- Net migration rateArmenia: 25.5 per 1,000 people in 2023Georgia: 0.5 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingArmenia: 6.09% of GDP in 2025Georgia: 1.75% of GDP in 2025
- Military spending in US dollarsArmenia: $1.65B in 2025Georgia: $637M in 2025
- Military spending per personArmenia: $582 in 2025Georgia: $173 in 2025
- Military share of state spendingArmenia: 19.9% of government spending in 2025Georgia: 5.8% of government spending in 2025
- Armed forces personnelArmenia: 47,000 people in 2020Georgia: 26,000 people in 2020
- National powerArmenia: 0.06% of world capability in 2022Georgia: 0.04% of world capability in 2022
- Armed forces, share of workersArmenia: 3.25% of the labour force in 2020Georgia: 1.39% of the labour force in 2020
- Arms importsArmenia: 21 million TIV in 2025Georgia: 15 million TIV in 2024
- Arms exportsArmenia: 4 million TIV in 2006Georgia: 7 million TIV in 2017