GDP in constant prices — all countries

GDP in constant prices — Armenia

GDP in constant prices in Armenia in 2025 — 17,489,816,843 US$ 2015. Ranked 121 in the world out of 186. Since 1990, the indicator has risen by 199.5%.

2025 17.49B US$ 2015 +7.2% vs 2024
World rank 121of 186
Period maximum 17.49B US$ 20152025
Period minimum 2.74B US$ 20151993

Trend over time

1990–2025 · constant 2015 US$

GDP in constant prices — Armenia, 1990–202505B10B15B20B19901994199820022006201020142018202220251990: 5,839,777,094 US$ 20151991: 5,156,523,263 US$ 20151992: 3,001,096,397 US$ 20151993: 2,736,999,951 US$ 20151994: 2,884,798,024 US$ 20151995: 3,083,849,042 US$ 20151996: 3,264,729,147 US$ 20151997: 3,373,153,404 US$ 20151998: 3,619,393,602 US$ 20151999: 3,738,833,591 US$ 20152000: 3,959,424,773 US$ 20152001: 4,339,529,551 US$ 20152002: 4,912,347,451 US$ 20152003: 5,600,076,095 US$ 20152004: 6,188,084,085 US$ 20152005: 7,048,227,772 US$ 20152006: 7,978,593,838 US$ 20152007: 9,071,661,194 US$ 20152008: 9,697,605,817 US$ 20152009: 8,330,243,396 US$ 20152010: 8,513,508,751 US$ 20152011: 8,913,643,662 US$ 20152012: 9,555,426,006 US$ 20152013: 9,870,755,064 US$ 20152014: 10,226,102,247 US$ 20152015: 10,553,337,518 US$ 20152016: 10,574,444,193 US$ 20152017: 11,367,527,508 US$ 20152018: 11,958,638,938 US$ 20152019: 12,867,495,498 US$ 20152020: 11,941,035,822 US$ 20152021: 12,633,615,900 US$ 20152022: 14,225,451,503 US$ 20152023: 15,406,163,978 US$ 20152024: 16,315,127,652 US$ 20152025: 17,489,816,843 US$ 2015
Change over the period: +11.65B (+199.49%) Average annual rate: 3.18 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 17.49B US$ 2015
World 99.66T US$ 2015
Europe & Central Asia 24.6T US$ 2015
Western Asia computed 3.56T US$ 2015
Upper-middle-income countries computed 29.74T US$ 2015
GDP in constant prices — Armenia, by year Armenia All countries CSV XLSX
Year US$ 2015 Change Change, %
2025 17.49B +1.17B +7.2%
2024 16.32B +909M +5.9%
2023 15.41B +1.18B +8.3%
2022 14.23B +1.59B +12.6%
2021 12.63B +693M +5.8%
2020 11.94B −926M −7.2%
2019 12.87B +909M +7.6%
2018 11.96B +591M +5.2%
2017 11.37B +793M +7.5%
2016 10.57B +21.11M +0.2%
2015 10.55B +327M +3.2%
2014 10.23B +355M +3.6%
2013 9.87B +315M +3.3%
2012 9.56B +642M +7.2%
2011 8.91B +400M +4.7%
2010 8.51B +183M +2.2%
2009 8.33B −1.37B −14.1%
2008 9.7B +626M +6.9%
2007 9.07B +1.09B +13.7%
2006 7.98B +930M +13.2%
2005 7.05B +860M +13.9%
2004 6.19B +588M +10.5%
2003 5.6B +688M +14%
2002 4.91B +573M +13.2%
2001 4.34B +380M +9.6%
2000 3.96B +221M +5.9%
1999 3.74B +119M +3.3%
1998 3.62B +246M +7.3%
1997 3.37B +108M +3.32%
1996 3.26B +181M +5.87%
1995 3.08B +199M +6.9%
1994 2.88B +148M +5.4%
1993 2.74B −264M −8.8%
1992 3B −2.16B −41.8%
1991 5.16B −683M −11.7%
1990 5.84B

About the indicator

Gross domestic product in constant 2015 prices and at the exchange rate of that same year. Unlike nominal GDP, this series does not grow with inflation or with movements of the exchange rate, so it is the only one on which the size of a country's economy can be compared with its own past. The difference accumulates fast: over thirty years the nominal GDP of most countries grew several times more than the real one, and almost all of that difference is price growth.

Important: Suited to comparing a country with itself over time, but not countries with one another: conversion at the 2015 exchange rate does not account for differences in price levels. For cross-country comparison there is GDP at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.