Human capital in Armenia
Armenia: Human capital was 61.26 billion real chained 2019 US$ in 2020. ▼ Falling
Human capital in Armenia, 1995–2020
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$.
Analysis
The most recent figure for human capital in Armenia is 61.26 billion real chained 2019 US$, measured in 2020. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 1.5% on the previous year and down 10.7% over ten years.
Over the whole period, human capital in Armenia peaked at 71.89 billion real chained 2019 US$ in 1995 and was at its lowest, 61.26 billion real chained 2019 US$, in 2020.
Armenia ranks 118th of 151 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Human capital in Armenia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 71.89 billion real chained 2019 US$ | — |
| 1996 | 69.89 billion real chained 2019 US$ | -2.8% |
| 1997 | 68.69 billion real chained 2019 US$ | -1.7% |
| 1998 | 69.73 billion real chained 2019 US$ | +1.5% |
| 1999 | 68.42 billion real chained 2019 US$ | -1.9% |
| 2000 | 68.51 billion real chained 2019 US$ | +0.1% |
| 2001 | 68.20 billion real chained 2019 US$ | -0.4% |
| 2002 | 67.93 billion real chained 2019 US$ | -0.4% |
| 2003 | 67.77 billion real chained 2019 US$ | -0.2% |
| 2004 | 67.78 billion real chained 2019 US$ | +0.0% |
| 2005 | 67.77 billion real chained 2019 US$ | -0.0% |
| 2006 | 67.97 billion real chained 2019 US$ | +0.3% |
| 2007 | 68.24 billion real chained 2019 US$ | +0.4% |
| 2008 | 68.04 billion real chained 2019 US$ | -0.3% |
| 2009 | 69.07 billion real chained 2019 US$ | +1.5% |
| 2010 | 68.58 billion real chained 2019 US$ | -0.7% |
| 2011 | 68.05 billion real chained 2019 US$ | -0.8% |
| 2012 | 67.34 billion real chained 2019 US$ | -1.0% |
| 2013 | 66.85 billion real chained 2019 US$ | -0.7% |
| 2014 | 66.23 billion real chained 2019 US$ | -0.9% |
| 2015 | 65.63 billion real chained 2019 US$ | -0.9% |
| 2016 | 65.09 billion real chained 2019 US$ | -0.8% |
| 2017 | 64.14 billion real chained 2019 US$ | -1.5% |
| 2018 | 63.18 billion real chained 2019 US$ | -1.5% |
| 2019 | 62.22 billion real chained 2019 US$ | -1.5% |
| 2020 | 61.26 billion real chained 2019 US$ | -1.5% |
Armenia compared with similar countries
- Armenia's 61.26 billion real chained 2019 US$ is below the median for upper middle income countries, which is 282.57 billion real chained 2019 US$, 22% of the median. (43 countries reporting)
- Armenia's 61.26 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 9% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 69.72 billion real chained 2019 US$ | 68.42 billion real chained 2019 US$ | 71.89 billion real chained 2019 US$ | 5 |
| 2000s | 68.13 billion real chained 2019 US$ | 67.77 billion real chained 2019 US$ | 69.07 billion real chained 2019 US$ | 10 |
| 2010s | 65.73 billion real chained 2019 US$ | 62.22 billion real chained 2019 US$ | 68.58 billion real chained 2019 US$ | 10 |
| 2020s | 61.26 billion real chained 2019 US$ | 61.26 billion real chained 2019 US$ | 61.26 billion real chained 2019 US$ | 1 |
Countries ranked near Armenia
- 115 Papua New Guinea 70.33 billion real chained 2019 US$ compare
- 116 Azerbaijan 70.09 billion real chained 2019 US$ compare
- 117 Haiti 69.32 billion real chained 2019 US$ compare
- 119 Burkina Faso 59.37 billion real chained 2019 US$ compare
- 120 Mauritius 57.87 billion real chained 2019 US$ compare
- 121 Niger 55.99 billion real chained 2019 US$ compare
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
Frequently asked questions
- What is human capital in Armenia?
- Human capital in Armenia was 61.26 billion 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 recorded in Armenia?
- The highest recorded value was 71.89 billion real chained 2019 US$ in 1995.
- What is the lowest human capital recorded in Armenia?
- The lowest recorded value was 61.26 billion real chained 2019 US$ in 2020.
- How does Armenia rank for human capital?
- Armenia ranks 118th out of 151 countries with data for 2020.
- Is human capital rising or falling in Armenia?
- Over the last ten years it is down 10.7%. The long-run trend across the full record is falling.
- 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 (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.