Armenia
GDP growth in Armenia
GDP growth in Armenia: -14.1% a year in 1993 and 7.1% a year in 2025, by IMF estimates.
- Latest, 2025
- 7.1% a year
- Since 1993
- +21.1 percentage points
- Rank, 2025
- 15 of 143
- counting from the highest
- Projected, 2031
- 5% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 5% a year in 2031.
- The highest was 14.8% a year in 2002, the lowest -14.2% a year in 2009.
Every year
% a year · IMF
| Year | Armenia |
|---|---|
| 2025 | 7.1 |
| 2024 | 5.9 |
| 2023 | 8.3 |
| 2022 | 12.6 |
| 2021 | 5.8 |
| 2020 | -7.1 |
| 2019 | 7.6 |
| 2018 | 5.2 |
| 2017 | 7.5 |
| 2016 | 0.2 |
| 2015 | 3.2 |
| 2014 | 3.6 |
| 2013 | 3.3 |
| 2012 | 7.2 |
| 2011 | 4.7 |
| 2010 | 2.2 |
| 2009 | -14.2 |
| 2008 | 6.9 |
| 2007 | 13.8 |
| 2006 | 13.2 |
| 2005 | 13.8 |
| 2004 | 10.4 |
| 2003 | 14 |
| 2002 | 14.8 |
| 2001 | 9.6 |
| 2000 | 5.6 |
| 1999 | 3.4 |
| 1998 | 7.3 |
| 1997 | 3.2 |
| 1996 | 5.9 |
| 1995 | 8.2 |
| 1994 | 5.4 |
| 1993 | -14.1 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Armenia |
|---|---|
| 2026 | 5.5 |
| 2027 | 5.5 |
| 2028 | 5.3 |
| 2029 | 5 |
| 2030 | 5 |
| 2031 | 5 |
Good to know
- How much the economy grew or shrank in a year, after inflation.
- 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 143 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 in numbers
Every measure for Armenia on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending6.09% of GDP in 2025
- Military spending in US dollars$1.65B in 2025
- Military spending per person$582 in 2025
- Military share of state spending19.9% of government spending in 2025
- Armed forces personnel47,000 people in 2020
- National power0.06% of world capability in 2022
- Armed forces, share of workers3.25% of the labour force in 2020
- Arms imports21 million TIV in 2025
- Arms exports4 million TIV in 2006