Extreme poverty rate — all countries

Extreme poverty rate — Armenia

Extreme poverty rate in Armenia in 2024 — 0.8%. Ranked 4 in the world out of 25. Since 1996, the indicator has fallen by 20.8 pp.

2024 0.8% −1.1 pp vs 2023
World rank 4of 25
Period maximum 24.1%2001
Period minimum 0.8%2024

Trend over time

1996–2024 · % of population

Extreme poverty rate — Armenia, 1996–2024010203019961999200220052008201120142017202020231996: 21.6%1999: 21.2%2001: 24.1%2002: 19.8%2003: 14.8%2004: 10.3%2005: 6.1%2006: 4.5%2007: 3.7%2008: 2%2009: 3.1%2010: 2.9%2011: 3.1%2012: 2.5%2013: 2.9%2014: 3.4%2015: 2.9%2016: 2.5%2017: 2.4%2018: 2.9%2019: 2.4%2020: 1.5%2021: 2.1%2022: 1.9%2023: 1.9%2024: 0.8%
Change over the period: −20.8 pp Annual average: -0.74 pp

Comparison, 2024

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

Armenia 0.8%
World 10.4%
Extreme poverty rate — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2024 0.8 −1.1 pp
2023 1.9 +0 pp
2022 1.9 −0.2 pp
2021 2.1 +0.6 pp
2020 1.5 −0.9 pp
2019 2.4 −0.5 pp
2018 2.9 +0.5 pp
2017 2.4 −0.1 pp
2016 2.5 −0.4 pp
2015 2.9 −0.5 pp
2014 3.4 +0.5 pp
2013 2.9 +0.4 pp
2012 2.5 −0.6 pp
2011 3.1 +0.2 pp
2010 2.9 −0.2 pp
2009 3.1 +1.1 pp
2008 2 −1.7 pp
2007 3.7 −0.8 pp
2006 4.5 −1.6 pp
2005 6.1 −4.2 pp
2004 10.3 −4.5 pp
2003 14.8 −5 pp
2002 19.8 −4.3 pp
2001 24.1
1999 21.2
1996 21.6

Western Asia, 2024

The same indicator for neighboring countries — with links to their pages

AM Armenia 0.8 GE Georgia 4.2

About the indicator

The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.

Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.

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