Armenia

Inflation in Armenia

Inflation in Armenia: 3,732% a year in 1993 and 3.3% a year in 2025, by IMF estimates.

Latest, 2025
3.3% a year
Since 1993
−3,728.7 percentage points
Rank, 2025
78 of 179
counting from the highest
Projected, 2031
3% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Inflation in ArmeniaInflation in Armenia: 3,732% a year in 1993 and 3.3% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 3% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 3% a year in 2031.
  • The highest was 5,273% a year in 1994, the lowest -1.4% a year in 2016.

Every year

% a year · IMF

YearArmenia
20253.3
20240.3
20232
20228.6
20217.2
20201.2
20191.4
20182.5
20171
2016-1.4
20153.7
20143
20135.7
20122.5
20117.5
20108.2
20093.5
20089.1
20074.4
20062.9
20050.6
20046.9
20034.7
20021
20013.2
2000-0.8
19990.7
19988.7
199714
199618.7
1995176.7
19945,273
19933,732
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArmenia
20264.6
20273.6
20283.2
20293
20303
20313

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

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