Income share of the richest 20% — all countries

Income share of the richest 20% — Armenia

Income share of the richest 20% in Armenia in 2024 — 37.2%. Ranked 1 in the world out of 25. Since 1996, the indicator has fallen by 13.4 pp.

2024 37.2% +0.3 pp vs 2023
World rank 1of 25
Period maximum 50.6%1996
Period minimum 35.5%2020

Trend over time

1996–2024 · % of income

Income share of the richest 20% — Armenia, 1996–2024354045505519961999200220052008201120142017202020231996: 50.6%1999: 44.2%2001: 43.9%2002: 43.5%2003: 42.2%2004: 45.8%2005: 44.7%2006: 38.8%2007: 40%2008: 38.4%2009: 37.5%2010: 39.4%2011: 38.6%2012: 38.7%2013: 39.4%2014: 40.1%2015: 40.7%2016: 40.2%2017: 42.4%2018: 43%2019: 39.2%2020: 35.5%2021: 37.7%2022: 37.3%2023: 36.9%2024: 37.2%
Change over the period: −13.4 pp Annual average: -0.48 pp
Income share of the richest 20% — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2024 37.2 +0.3 pp
2023 36.9 −0.4 pp
2022 37.3 −0.4 pp
2021 37.7 +2.2 pp
2020 35.5 −3.7 pp
2019 39.2 −3.8 pp
2018 43 +0.6 pp
2017 42.4 +2.2 pp
2016 40.2 −0.5 pp
2015 40.7 +0.6 pp
2014 40.1 +0.7 pp
2013 39.4 +0.7 pp
2012 38.7 +0.1 pp
2011 38.6 −0.8 pp
2010 39.4 +1.9 pp
2009 37.5 −0.9 pp
2008 38.4 −1.6 pp
2007 40 +1.2 pp
2006 38.8 −5.9 pp
2005 44.7 −1.1 pp
2004 45.8 +3.6 pp
2003 42.2 −1.3 pp
2002 43.5 −0.4 pp
2001 43.9
1999 44.2
1996 50.6

Western Asia, 2024

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

AM Armenia 37.2 GE Georgia 41.5

About the indicator

The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.

Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.

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