Human capital per capita in Armenia

Armenia: Human capital per capita was 21,836 real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
21,836 real chained 2019 US$
Change on year
down 1.0%
World rank
82nd
of 151 countries
All-time high
23,300 real chained 2019 US$
in 2009
All-time low
20,997 real chained 2019 US$
in 1997
Years of data
26
1995–2020

Human capital per capita in Armenia, 1995–2020

05.0k10.0k15.0k20.0k25.0k1995200720201995: 21.6k real chained 2019 US$1996: 21.2k real chained 2019 US$1997: 21.0k real chained 2019 US$1998: 21.5k real chained 2019 US$1999: 21.3k real chained 2019 US$2000: 21.6k real chained 2019 US$2001: 21.8k real chained 2019 US$2002: 21.9k real chained 2019 US$2003: 22.0k real chained 2019 US$2004: 22.1k real chained 2019 US$2005: 22.2k real chained 2019 US$2006: 22.5k real chained 2019 US$2007: 22.7k real chained 2019 US$2008: 22.8k real chained 2019 US$2009: 23.3k real chained 2019 US$2010: 23.3k real chained 2019 US$2011: 23.2k real chained 2019 US$2012: 23.1k real chained 2019 US$2013: 23.0k real chained 2019 US$2014: 22.9k real chained 2019 US$2015: 22.8k real chained 2019 US$2016: 22.7k real chained 2019 US$2017: 22.5k real chained 2019 US$2018: 22.3k real chained 2019 US$2019: 22.1k real chained 2019 US$2020: 21.8k real chained 2019 US$

Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.

Analysis

Armenia recorded 21,836 real chained 2019 US$ for human capital per capita in 2020.

Compared with earlier readings it is down 1.0% on the previous year and down 6.2% over ten years.

Over the whole period, human capital per capita in Armenia peaked at 23,300 real chained 2019 US$ in 2009 and was at its lowest, 20,997 real chained 2019 US$, in 1997.

Armenia ranks 82nd of 151 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Human capital per capita in Armenia, year by year

Annual values for Human capital per capita (real chained 2019 US$) in Armenia, 1995 to 2020.
Year real chained 2019 US$ Change
1995 21,636 real chained 2019 US$ —
1996 21,185 real chained 2019 US$ -2.1%
1997 20,997 real chained 2019 US$ -0.9%
1998 21,517 real chained 2019 US$ +2.5%
1999 21,342 real chained 2019 US$ -0.8%
2000 21,621 real chained 2019 US$ +1.3%
2001 21,769 real chained 2019 US$ +0.7%
2002 21,876 real chained 2019 US$ +0.5%
2003 21,976 real chained 2019 US$ +0.5%
2004 22,108 real chained 2019 US$ +0.6%
2005 22,240 real chained 2019 US$ +0.6%
2006 22,460 real chained 2019 US$ +1.0%
2007 22,714 real chained 2019 US$ +1.1%
2008 22,806 real chained 2019 US$ +0.4%
2009 23,300 real chained 2019 US$ +2.2%
2010 23,276 real chained 2019 US$ -0.1%
2011 23,232 real chained 2019 US$ -0.2%
2012 23,107 real chained 2019 US$ -0.5%
2013 23,041 real chained 2019 US$ -0.3%
2014 22,919 real chained 2019 US$ -0.5%
2015 22,798 real chained 2019 US$ -0.5%
2016 22,711 real chained 2019 US$ -0.4%
2017 22,489 real chained 2019 US$ -1.0%
2018 22,274 real chained 2019 US$ -1.0%
2019 22,061 real chained 2019 US$ -1.0%
2020 21,836 real chained 2019 US$ -1.0%

Armenia compared with similar countries

  • Armenia's 21,836 real chained 2019 US$ is below the median for upper middle income countries, which is 25,986 real chained 2019 US$, 84% of the median. (43 countries reporting)
  • Armenia's 21,836 real chained 2019 US$ is below the median for Europe & Central Asia, which is 95,696 real chained 2019 US$, 23% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 21,336 real chained 2019 US$ 20,997 real chained 2019 US$ 21,636 real chained 2019 US$ 5
2000s 22,287 real chained 2019 US$ 21,621 real chained 2019 US$ 23,300 real chained 2019 US$ 10
2010s 22,791 real chained 2019 US$ 22,061 real chained 2019 US$ 23,276 real chained 2019 US$ 10
2020s 21,836 real chained 2019 US$ 21,836 real chained 2019 US$ 21,836 real chained 2019 US$ 1

Countries ranked near Armenia

  1. 79 El Salvador 22,466 real chained 2019 US$ compare
  2. 80 Belize 22,414 real chained 2019 US$ compare
  3. 81 Serbia 22,363 real chained 2019 US$ compare
  4. 83 Vietnam 19,223 real chained 2019 US$ compare
  5. 84 Kazakhstan 18,880 real chained 2019 US$ compare
  6. 85 Suriname 18,784 real chained 2019 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 per capita in Armenia?
Human capital per capita in Armenia was 21,836 real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
What is the highest human capital per capita recorded in Armenia?
The highest recorded value was 23,300 real chained 2019 US$ in 2009.
What is the lowest human capital per capita recorded in Armenia?
The lowest recorded value was 20,997 real chained 2019 US$ in 1997.
How does Armenia rank for human capital per capita?
Armenia ranks 82nd out of 151 countries with data for 2020.
Is human capital per capita rising or falling in Armenia?
Over the last ten years it is down 6.2%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.

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Human capital per capita in Armenia. Statizoid, drawing on World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/human-capital-per-capita-real-chained-2019-us/armenia/

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About this data

Indicator
Human capital per capita (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.