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In 2026, Armenia's GDP per capita (PPP) is $27,024, an upper-middle income level. The economy is worth about $32 billion in total. Over the past five years it has grown at about 7.5% a year. Inflation is 3.6% and unemployment 12.8%. Government debt is 51% of GDP and falling. Its current account is in deficit, at 6.0% of GDP.
GDP per capita (PPP)
$27,024
GDP growth
+5.3%
Inflation rate
3.6%
Unemployment
12.8%
Armenia is an upper-middle income economy with GDP per capita (PPP) of $27,024. The economy has been growing rapidly, averaging 7.5% annually. Unemployment is elevated at 12.8%.