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Armenia: GNI (current US$)

In , Armenia's GNI (current US$) was $25.04 billion.

That's up 6.3% from 2023, the highest value on record.

The global average for this indicator in 2024 was $577.49 billion . Armenia ranks #115 globally out of 190 reporting countries. Within Europe & Central Asia, it ranks #43 of 51.

Source: World Bank Open Data (NY.GNP.MKTP.CD) • Data as of 2024

Trend (2005–2024)

Armenia GNI (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$25.04B
Trough
$5.11B
1-year change
+6.3%
5-year change
+81.4%
+12.6% / yr
10-year change
+106.4%
+7.5% / yr

Historical Data — Last 10 Years

Year GNI (current US$)
25.044B
23.560B
19.025B
13.480B
12.439B
13.807B
12.658B
11.933B
10.791B
10.982B

About GNI (current US$)

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: NY.GNP.MKTP.CDCategory: Economy

Frequently asked questions

What was Armenia's GNI (current US$) in 2024?
In 2024, Armenia's GNI (current US$) was $25.04 billion, according to World Bank Open Data.
Is Armenia's GNI (current US$) rising or falling?
Armenia's GNI (current US$) rose 6.3% from 2023 to 2024.
How does Armenia rank globally on GNI (current US$)?
In 2024, Armenia ranked #115 out of 190 countries reporting GNI (current US$).
How does Armenia's GNI (current US$) compare to the world average?
The global average for GNI (current US$) in 2024 was $577.49 billion, so Armenia is below the world average. Within Europe & Central Asia, it ranks #43 of 51.
What is GNI (current US$) and how is it measured?
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (NY.GNP.MKTP.CD), CC BY 4.0.