Median income: 2021 vs. 2017 international-$ in Armenia

Armenia: Median income: 2021 vs. 2017 international-$ was 8.55 international-$ in 2021 prices in 2024. ▲ Rising

Latest (2024)
8.55 international-$ in 2021 prices
Change on year
up 10.6%
World rank
80th
of 120 countries
All-time high
8.86 international-$ in 2021 prices
in 2016
All-time low
4.34 international-$ in 2021 prices
in 2001
Years of data
25
1999–2024

Median income: 2021 vs. 2017 international-$ in Armenia, 1999–2024

024681999201120241999: 4.5 international-$ in 2021 prices2001: 4.3 international-$ in 2021 prices2002: 4.5 international-$ in 2021 prices2003: 4.8 international-$ in 2021 prices2004: 5.6 international-$ in 2021 prices2005: 6.3 international-$ in 2021 prices2006: 6.7 international-$ in 2021 prices2007: 7.4 international-$ in 2021 prices2008: 7.7 international-$ in 2021 prices2009: 6.8 international-$ in 2021 prices2010: 6.8 international-$ in 2021 prices2011: 7.1 international-$ in 2021 prices2012: 7.3 international-$ in 2021 prices2013: 7.6 international-$ in 2021 prices2014: 7.7 international-$ in 2021 prices2015: 8.2 international-$ in 2021 prices2016: 8.9 international-$ in 2021 prices2017: 8 international-$ in 2021 prices2018: 8 international-$ in 2021 prices2019: 7.7 international-$ in 2021 prices2020: 7.6 international-$ in 2021 prices2021: 7.7 international-$ in 2021 prices2022: 7.7 international-$ in 2021 prices2023: 7.7 international-$ in 2021 prices2024: 8.5 international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

Armenia recorded 8.55 international-$ in 2021 prices for median income: 2021 vs. 2017 international-$ in 2024.

The figure is up 10.6% on the previous year and up 10.4% over ten years.

Over the whole period, median income: 2021 vs. 2017 international-$ in Armenia peaked at 8.86 international-$ in 2021 prices in 2016 and was at its lowest, 4.34 international-$ in 2021 prices, in 2001.

Armenia ranks 80th of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Median income: 2021 vs. 2017 international-$ in Armenia, year by year

Annual values for Median income: 2021 vs. 2017 international-$ in Armenia, 1999 to 2024.
Year international-$ in 2021 prices Change
1999 4.51 international-$ in 2021 prices
2001 4.34 international-$ in 2021 prices -3.9%
2002 4.55 international-$ in 2021 prices +4.9%
2003 4.79 international-$ in 2021 prices +5.4%
2004 5.55 international-$ in 2021 prices +15.9%
2005 6.25 international-$ in 2021 prices +12.6%
2006 6.71 international-$ in 2021 prices +7.4%
2007 7.35 international-$ in 2021 prices +9.6%
2008 7.65 international-$ in 2021 prices +4.1%
2009 6.85 international-$ in 2021 prices -10.5%
2010 6.81 international-$ in 2021 prices -0.6%
2011 7.11 international-$ in 2021 prices +4.4%
2012 7.33 international-$ in 2021 prices +3.1%
2013 7.58 international-$ in 2021 prices +3.5%
2014 7.74 international-$ in 2021 prices +2.1%
2015 8.17 international-$ in 2021 prices +5.6%
2016 8.86 international-$ in 2021 prices +8.5%
2017 8.01 international-$ in 2021 prices -9.6%
2018 7.97 international-$ in 2021 prices -0.5%
2019 7.72 international-$ in 2021 prices -3.2%
2020 7.61 international-$ in 2021 prices -1.4%
2021 7.75 international-$ in 2021 prices +1.9%
2022 7.72 international-$ in 2021 prices -0.4%
2023 7.73 international-$ in 2021 prices +0.1%
2024 8.55 international-$ in 2021 prices +10.6%

Armenia compared with similar countries

  • Armenia's 8.55 international-$ in 2021 prices is below the median for upper middle income countries, which is 12.84 international-$ in 2021 prices, 67% of the median. (35 countries reporting)
  • Armenia's 8.55 international-$ in 2021 prices is below the median for Europe & Central Asia, which is 33.68 international-$ in 2021 prices, 25% of the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.51 international-$ in 2021 prices 4.51 international-$ in 2021 prices 4.51 international-$ in 2021 prices 1
2000s 6 international-$ in 2021 prices 4.34 international-$ in 2021 prices 7.65 international-$ in 2021 prices 9
2010s 7.73 international-$ in 2021 prices 6.81 international-$ in 2021 prices 8.86 international-$ in 2021 prices 10
2020s 7.87 international-$ in 2021 prices 7.61 international-$ in 2021 prices 8.55 international-$ in 2021 prices 5

Countries ranked near Armenia

  1. 77 Nicaragua 8.9 international-$ in 2021 prices compare
  2. 78 Georgia 8.77 international-$ in 2021 prices compare
  3. 79 Guatemala 8.73 international-$ in 2021 prices compare
  4. 81 Morocco 8.43 international-$ in 2021 prices compare
  5. 82 Honduras 8.35 international-$ in 2021 prices compare
  6. 83 Nepal 8.03 international-$ in 2021 prices compare

See the full ranking of 120 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is median income: 2021 vs. 2017 international-$ in Armenia?
Median income: 2021 vs. 2017 international-$ in Armenia was 8.55 international-$ in 2021 prices in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest median income: 2021 vs. 2017 international-$ recorded in Armenia?
The highest recorded value was 8.86 international-$ in 2021 prices in 2016.
What is the lowest median income: 2021 vs. 2017 international-$ recorded in Armenia?
The lowest recorded value was 4.34 international-$ in 2021 prices in 2001.
How does Armenia rank for median income: 2021 vs. 2017 international-$?
Armenia ranks 80th out of 120 countries with data for 2024.
Is median income: 2021 vs. 2017 international-$ rising or falling in Armenia?
Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Median income: 2021 vs. 2017 international-$. Statizoid updates them automatically from the source API.

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Median income: 2021 vs. 2017 international-$ in Armenia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/median2021-vs-median2017/armenia/

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About this data

Indicator
Median income: 2021 vs. 2017 international-$
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Value of income or consumption per day below which 50% of the population live.