Human capital in Armenia

Armenia: Human capital was 58.23 billion current US$ in 2020. ◆ Volatile

Latest (2020)
58.23 billion current US$
Change on year
down 6.4%
World rank
119th
of 151 countries
All-time high
62.22 billion current US$
in 2019
All-time low
8.45 billion current US$
in 1995
Years of data
26
1995–2020

Human capital in Armenia, 1995–2020

020.0B40.0B60.0B1995200720201995: 8.4B current US$1996: 9.0B current US$1997: 8.9B current US$1998: 10.5B current US$1999: 9.9B current US$2000: 9.7B current US$2001: 10.9B current US$2002: 11.4B current US$2003: 13.8B current US$2004: 20.4B current US$2005: 26.3B current US$2006: 33.8B current US$2007: 47.7B current US$2008: 57.2B current US$2009: 40.1B current US$2010: 44.0B current US$2011: 50.9B current US$2012: 52.2B current US$2013: 54.4B current US$2014: 55.8B current US$2015: 53.4B current US$2016: 51.0B current US$2017: 53.8B current US$2018: 57.7B current US$2019: 62.2B current US$2020: 58.2B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, human capital in Armenia stood at 58.23 billion current US$.

That represents a change of down 6.4% on the previous year and up 32.2% over ten years.

Over the whole period, human capital in Armenia peaked at 62.22 billion current US$ in 2019 and was at its lowest, 8.45 billion current US$, in 1995.

That places Armenia 119th out of 151 countries with data for 2020, putting it in the bottom quarter.

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

Human capital in Armenia, year by year

Annual values for Human capital (current US$) in Armenia, 1995 to 2020.
Year current US$ Change
1995 8.45 billion current US$
1996 9.01 billion current US$ +6.6%
1997 8.94 billion current US$ -0.7%
1998 10.47 billion current US$ +17.1%
1999 9.92 billion current US$ -5.3%
2000 9.69 billion current US$ -2.3%
2001 10.91 billion current US$ +12.6%
2002 11.42 billion current US$ +4.6%
2003 13.79 billion current US$ +20.7%
2004 20.44 billion current US$ +48.3%
2005 26.35 billion current US$ +28.9%
2006 33.84 billion current US$ +28.4%
2007 47.69 billion current US$ +40.9%
2008 57.23 billion current US$ +20.0%
2009 40.14 billion current US$ -29.9%
2010 44.05 billion current US$ +9.7%
2011 50.93 billion current US$ +15.6%
2012 52.19 billion current US$ +2.5%
2013 54.43 billion current US$ +4.3%
2014 55.81 billion current US$ +2.5%
2015 53.36 billion current US$ -4.4%
2016 50.99 billion current US$ -4.4%
2017 53.79 billion current US$ +5.5%
2018 57.69 billion current US$ +7.3%
2019 62.22 billion current US$ +7.9%
2020 58.23 billion current US$ -6.4%

Armenia compared with similar countries

  • Armenia's 58.23 billion current US$ is below the median for upper middle income countries, which is 268.70 billion current US$, 22% of the median. (43 countries reporting)
  • Armenia's 58.23 billion current US$ is below the median for Europe & Central Asia, which is 660.22 billion current US$, 9% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.36 billion current US$ 8.45 billion current US$ 10.47 billion current US$ 5
2000s 27.15 billion current US$ 9.69 billion current US$ 57.23 billion current US$ 10
2010s 53.55 billion current US$ 44.05 billion current US$ 62.22 billion current US$ 10
2020s 58.23 billion current US$ 58.23 billion current US$ 58.23 billion current US$ 1

Countries ranked near Armenia

  1. 116 Burkina Faso 64.16 billion current US$ compare
  2. 117 Botswana 60.24 billion current US$ compare
  3. 118 Azerbaijan 59.95 billion current US$ compare
  4. 120 Niger 57.90 billion current US$ compare
  5. 121 Chad 52.66 billion current US$ compare
  6. 122 Georgia 50.63 billion current US$ compare

See the full ranking of 151 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is human capital in Armenia?
Human capital in Armenia was 58.23 billion current US$ in 2020, according to the World Bank.
What is the highest human capital recorded in Armenia?
The highest recorded value was 62.22 billion current US$ in 2019.
What is the lowest human capital recorded in Armenia?
The lowest recorded value was 8.45 billion current US$ in 1995.
How does Armenia rank for human capital?
Armenia ranks 119th out of 151 countries with data for 2020.
Is human capital rising or falling in Armenia?
Over the last ten years it is up 32.2%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from the World Bank, published as part of Human capital (current US$). Statizoid updates them automatically from the source API.

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Human capital in Armenia. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/human-capital-current-us/armenia/

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About this data

Indicator
Human capital (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed