Armenia - GDP per capita growth (annual %)

The value for GDP per capita growth (annual %) in Armenia was -7.57 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 14.70 in 2007 and a minimum value of -40.74 in 1992.

Definition: Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 -10.87
1992 -40.74
1993 -6.64
1994 7.95
1995 9.10
1996 7.51
1997 4.48
1998 8.14
1999 3.96
2000 6.57
2001 10.28
2002 13.82
2003 14.61
2004 11.13
2005 14.64
2006 14.08
2007 14.70
2008 7.82
2009 -13.52
2010 2.58
2011 4.73
2012 6.91
2013 2.82
2014 3.07
2015 2.74
2016 -0.16
2017 7.18
2018 4.95
2019 7.38
2020 -7.57

Statistical Concept and Methodology: For more information, see the metadata for constant U.S. dollar GDP (NY.GDP.MKTP.KD) and total population (SP.POP.TOTL).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts