PPP conversion factor — all countries

PPP conversion factor — Armenia

PPP conversion factor in Armenia in 2025 — 148.118 per int$. Ranked 46 in the world out of 185. Since 1990, the indicator has risen by 2,886,522.2%.

2025 148.118 per int$ +0.75% vs 2024
World rank 46of 185
Period maximum 172.047 per int$2015
Period minimum 0.005 per int$1990

Trend over time

1990–2025 · local units per international $

PPP conversion factor — Armenia, 1990–202505010015020019901994199820022006201020142018202220251990: 0.005 per int$1991: 0.009 per int$1992: 0.058 per int$1993: 0.848 per int$1994: 34.935 per int$1995: 89.363 per int$1996: 104.95 per int$1997: 121.469 per int$1998: 132.97 per int$1999: 131.185 per int$2000: 126.517 per int$2001: 128.715 per int$2002: 129.733 per int$2003: 133.072 per int$2004: 137.723 per int$2005: 137.821 per int$2006: 139.872 per int$2007: 142.008 per int$2008: 147.669 per int$2009: 150.429 per int$2010: 160.169 per int$2011: 163.65 per int$2012: 157.763 per int$2013: 159.441 per int$2014: 164.558 per int$2015: 172.047 per int$2016: 160.208 per int$2017: 154.787 per int$2018: 157.377 per int$2019: 147.486 per int$2020: 141.941 per int$2021: 148.241 per int$2022: 149.45 per int$2023: 148.585 per int$2024: 147.018 per int$2025: 148.118 per int$
Change over the period: +148.113 (+2,886,522.16%) Average annual rate: 34.1 %
PPP conversion factor — Armenia, by year Armenia All countries CSV XLSX
Year per int$ Change Change, %
2025 148.118 +1.1 +0.75%
2024 147.018 −1.568 −1.06%
2023 148.585 −0.865 −0.58%
2022 149.45 +1.209 +0.82%
2021 148.241 +6.301 +4.44%
2020 141.941 −5.546 −3.76%
2019 147.486 −9.891 −6.28%
2018 157.377 +2.59 +1.67%
2017 154.787 −5.422 −3.38%
2016 160.208 −11.839 −6.88%
2015 172.047 +7.49 +4.55%
2014 164.558 +5.117 +3.21%
2013 159.441 +1.677 +1.06%
2012 157.763 −5.887 −3.6%
2011 163.65 +3.481 +2.17%
2010 160.169 +9.74 +6.47%
2009 150.429 +2.76 +1.87%
2008 147.669 +5.661 +3.99%
2007 142.008 +2.136 +1.53%
2006 139.872 +2.051 +1.49%
2005 137.821 +0.098 +0.07%
2004 137.723 +4.652 +3.5%
2003 133.072 +3.339 +2.57%
2002 129.733 +1.018 +0.79%
2001 128.715 +2.198 +1.74%
2000 126.517 −4.668 −3.56%
1999 131.185 −1.785 −1.34%
1998 132.97 +11.501 +9.47%
1997 121.469 +16.519 +15.74%
1996 104.95 +15.586 +17.44%
1995 89.363 +54.428 +155.8%
1994 34.935 +34.087 +4,019.34%
1993 0.848 +0.79 +1,356.64%
1992 0.058 +0.049 +553.91%
1991 0.009 +0.004 +73.52%
1990 0.005

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

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