Labor productivity — all countries

Labor productivity — Armenia

Labor productivity in Armenia in 2025 — 50,463 $/person. Ranked 75 in the world out of 168. Since 1991, the indicator has risen by 326.3%.

2025 50,463 $/person +6.53% vs 2024
World rank 75of 168
Period maximum 50,463 $/person2025
Period minimum 7,035 $/person1993

Trend over time

1991–2025 · PPP $ per person employed

Labor productivity — Armenia, 1991–2025020,00040,00060,00019911995199920032007201120152019202320251991: 11,837 $/person1992: 7,060 $/person1993: 7,035 $/person1994: 7,815 $/person1995: 8,563 $/person1996: 9,421 $/person1997: 9,993 $/person1998: 10,564 $/person1999: 11,050 $/person2000: 11,266 $/person2001: 12,189 $/person2002: 13,713 $/person2003: 15,597 $/person2004: 17,202 $/person2005: 19,540 $/person2006: 22,044 $/person2007: 24,969 $/person2008: 29,043 $/person2009: 25,162 $/person2010: 25,943 $/person2011: 27,179 $/person2012: 28,848 $/person2013: 29,561 $/person2014: 31,149 $/person2015: 32,633 $/person2016: 32,605 $/person2017: 35,409 $/person2018: 38,037 $/person2019: 42,385 $/person2020: 37,618 $/person2021: 38,030 $/person2022: 43,845 $/person2023: 45,896 $/person2024: 47,369 $/person2025: 50,463 $/person
Change over the period: +38,625 (+326.31%) Average annual rate: 4.36 %

Comparison, 2025

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

Armenia 50,463 $/person
World 50,672 $/person
Europe & Central Asia 103,033 $/person
Labor productivity — Armenia, by year Armenia All countries CSV XLSX
Year $/person Change Change, %
2025 50,463 +3,094 +6.53%
2024 47,369 +1,473 +3.21%
2023 45,896 +2,051 +4.68%
2022 43,845 +5,815 +15.29%
2021 38,030 +412 +1.1%
2020 37,618 −4,767 −11.25%
2019 42,385 +4,348 +11.43%
2018 38,037 +2,627 +7.42%
2017 35,409 +2,805 +8.6%
2016 32,605 −28 −0.09%
2015 32,633 +1,484 +4.76%
2014 31,149 +1,588 +5.37%
2013 29,561 +713 +2.47%
2012 28,848 +1,669 +6.14%
2011 27,179 +1,236 +4.76%
2010 25,943 +781 +3.1%
2009 25,162 −3,881 −13.36%
2008 29,043 +4,074 +16.32%
2007 24,969 +2,925 +13.27%
2006 22,044 +2,504 +12.81%
2005 19,540 +2,339 +13.6%
2004 17,202 +1,604 +10.29%
2003 15,597 +1,884 +13.74%
2002 13,713 +1,524 +12.51%
2001 12,189 +922 +8.19%
2000 11,266 +216 +1.96%
1999 11,050 +486 +4.6%
1998 10,564 +572 +5.72%
1997 9,993 +572 +6.07%
1996 9,421 +858 +10.02%
1995 8,563 +748 +9.57%
1994 7,815 +780 +11.09%
1993 7,035 −25 −0.35%
1992 7,060 −4,778 −40.36%
1991 11,837

About the indicator

Gross domestic product per person employed in constant dollars at purchasing power parity. It differs from GDP per capita in the denominator: there the whole population, here only those who work — and the difference between the two indicators speaks of demography and employment. A country can have a low GDP per capita alongside decent productivity simply because only a small part of the population works: many children, many women out of employment, early retirement.

Important: There are no aggregates for country groups: the correct denominator is the number of people employed, and we have no separate series for the employed. The labor force will not do — it includes the unemployed, and the discrepancy is largest precisely in countries with high unemployment.

Source: ILOSTAT (ILO), license CC BY 4.0.