Annual inflation, consumer prices in Armenia

Armenia: Annual inflation, consumer prices was 0.3% in 2024. β—† Volatile

Latest (2024)
0.3%
Change on year
down 86.4%
World rank
178th
of 187 countries
All-time high
8.9%
in 2008
All-time low
-1.4%
in 2016
Years of data
25
2000–2024

Annual inflation, consumer prices in Armenia, 2000–2024

-2.502.557.5102000201220242000: -0.791 %2001: 3.1 %2002: 1.1 %2003: 4.7 %2004: 7 %2005: 0.639 %2006: 2.9 %2007: 4.4 %2008: 8.9 %2009: 3.4 %2010: 8.2 %2011: 7.7 %2012: 2.6 %2013: 5.8 %2014: 3 %2015: 3.7 %2016: -1.4 %2017: 0.97 %2018: 2.5 %2019: 1.4 %2020: 1.2 %2021: 7.2 %2022: 8.6 %2023: 2 %2024: 0.27 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual inflation, consumer prices in Armenia is 0.3%, measured in 2024.

The figure is down 86.4% on the previous year and down 91.0% over ten years.

Over the whole period, annual inflation, consumer prices in Armenia peaked at 8.9% in 2008 and was at its lowest, -1.4%, in 2016.

Armenia ranks 178th of 187 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.5% -0.8% 8.9% 10
2010s 3.4% -1.4% 8.2% 10
2020s 3.9% 0.3% 8.6% 5

Countries ranked near Armenia

  1. 175 Trinidad and Tobago 0.5% compare
  2. 176 Bahamas 0.4% compare
  3. 177 Seychelles 0.3% compare
  4. 179 China 0.2% compare
  5. 180 Saint Lucia -0.1% compare
  6. 181 Brunei Darussalam -0.4% compare

See the full ranking of 223 places β†’

More development goals data for Armenia

All data for Armenia β†’

Frequently asked questions

What is annual inflation, consumer prices in Armenia?
Annual inflation, consumer prices in Armenia was 0.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Armenia?
The highest recorded value was 8.9% in 2008.
What is the lowest annual inflation, consumer prices recorded in Armenia?
The lowest recorded value was -1.4% in 2016.
How does Armenia rank for annual inflation, consumer prices?
Armenia ranks 178th out of 187 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Armenia?
Over the last ten years it is down 91.0%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Armenia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/armenia/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed