Palma ratio in Armenia

Armenia: Palma ratio was 0.9963 in 2024. ▼ Falling

Latest (2024)
0.9963
Change on year
up 2.4%
World rank
105th
of 120 countries
All-time high
1.66
in 2004
All-time low
0.8743
in 2020
Years of data
25
1999–2024

Palma ratio in Armenia, 1999–2024

00.511.51999201120241999: 1.52001: 1.52002: 1.42003: 1.32004: 1.72005: 1.52006: 1.12007: 1.22008: 1.12009: 12010: 1.12011: 1.12012: 1.12013: 1.12014: 1.22015: 1.32016: 1.32017: 1.42018: 1.42019: 1.12020: 0.8742021: 12022: 12023: 0.9732024: 0.996

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Armenia recorded 0.9963 for palma ratio in 2024.

That represents a change of up 2.4% on the previous year and down 18.3% over ten years.

Over the whole period, palma ratio in Armenia peaked at 1.66 in 2004 and was at its lowest, 0.8743, in 2020.

Armenia ranks 105th of 120 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.55 1.55 1.55 1
2000s 1.31 1 1.66 9
2010s 1.22 1.08 1.43 10
2020s 0.9734 0.8743 1.02 5

Countries ranked near Armenia

  1. 102 Sweden 1.03 compare
  2. 103 Poland 1.02 compare
  3. 104 Bhutan 1.02 compare
  4. 106 Kyrgyzstan 0.9852 compare
  5. 107 Azerbaijan 0.9795 compare
  6. 108 Finland 0.968 compare

See the full ranking of 120 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is palma ratio in Armenia?
Palma ratio in Armenia was 0.9963 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Armenia?
The highest recorded value was 1.66 in 2004.
What is the lowest palma ratio recorded in Armenia?
The lowest recorded value was 0.8743 in 2020.
How does Armenia rank for palma ratio?
Armenia ranks 105th out of 120 countries with data for 2024.
Is palma ratio rising or falling in Armenia?
Over the last ten years it is down 18.3%. The long-run trend across the full record is falling.
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 Palma ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio
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

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.