Armenia

Country in Asia

In brief

GDP growth per year: +7.2% (2025). World rank 18 of 209 (1 = best); in Asia, 8 of 47. Unemployment: 12.9% (2025). World rank 165 of 186 (1 = best); in Asia, 43 of 49. Gini index (0 = full equality): 27.4 (2024). World rank 14 of 116 (1 = best); in Asia, 3 of 28. From 2015 to 2025: GDP $10.6B → $29.2B, GDP per person $3,512 → $9,474, and GDP per person at purchasing power parity $9,757 → $24,754. Worse than all its neighbours (Azerbaijan, Georgia, Iran, and Türkiye): unemployment.

Size and growth

GDP: $29.2B 2025
GDP per person: $9,474 2025
GDP per person at purchasing power parity: $24,754 2025
GDP growth per year: +7.2% 2025

Income and prices

Income level (World Bank): Upper-middle income
Gross national income per person: $9,020 2025
Inflation: +3.3% 2025
Price level, USA = 100: 38 2025

Structure and jobs

Agriculture, share of GDP: 7.9% 2025
Industry, share of GDP: 23.1% 2025
Services, share of GDP: 61.3% 2025
Unemployment: 12.9% 2025
Youth unemployment, ages 15–24: 26.2% 2025
Women in work or seeking work: 51.1% 2025

Trade and finance

Exports, share of GDP: 48.1% 2025
Imports, share of GDP: 53.6% 2025
Current account balance, share of GDP: -8.7% 2025
Foreign direct investment, share of GDP: +2.4% 2025
Remittances received, share of GDP: 5.4% 2025
Tax revenue, share of GDP: 22.4% 2024
Currency: Armenian Dram (AMD)

Poverty and inequality

Gini index (0 = full equality): 27.4 2024
Living on under $3 a day: 0.8% 2024