Wealth share of the richest 1% in Armenia
Armenia: Wealth share of the richest 1% was 24.6% in 2024. ▲ Rising
Wealth share of the richest 1% in Armenia, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for wealth share of the richest 1% in Armenia is 24.6%, measured in 2024.
Compared with earlier readings it is down 1.1% on the previous year and up 5.6% over ten years.
Over the whole period, wealth share of the richest 1% in Armenia peaked at 25.6% in 1996 and was at its lowest, 21.6%, in 1990.
That places Armenia 154th out of 215 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Wealth share of the richest 1% in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 21.6% | — |
| 1981 | 21.6% | -0.0% |
| 1982 | 21.6% | +0.0% |
| 1983 | 21.6% | -0.0% |
| 1984 | 21.6% | +0.0% |
| 1985 | 21.6% | -0.0% |
| 1986 | 21.6% | +0.0% |
| 1987 | 21.6% | +0.0% |
| 1988 | 21.6% | -0.0% |
| 1989 | 21.6% | +0.0% |
| 1990 | 21.6% | -0.0% |
| 1991 | 21.7% | +0.6% |
| 1992 | 22.0% | +1.2% |
| 1993 | 22.5% | +2.4% |
| 1994 | 23.4% | +4.0% |
| 1995 | 24.1% | +3.1% |
| 1996 | 25.6% | +6.2% |
| 1997 | 25.1% | -2.1% |
| 1998 | 24.6% | -1.8% |
| 1999 | 24.5% | -0.7% |
| 2000 | 24.1% | -1.5% |
| 2001 | 23.8% | -1.1% |
| 2002 | 24.0% | +0.7% |
| 2003 | 23.8% | -0.7% |
| 2004 | 24.9% | +4.3% |
| 2005 | 24.6% | -0.9% |
| 2006 | 23.1% | -6.3% |
| 2007 | 23.2% | +0.6% |
| 2008 | 22.9% | -1.4% |
| 2009 | 22.7% | -1.0% |
| 2010 | 23.3% | +2.8% |
| 2011 | 23.0% | -1.4% |
| 2012 | 23.1% | +0.3% |
| 2013 | 23.1% | +0.3% |
| 2014 | 23.3% | +0.9% |
| 2015 | 23.6% | +1.0% |
| 2016 | 23.5% | -0.3% |
| 2017 | 24.2% | +3.1% |
| 2018 | 24.3% | +0.4% |
| 2019 | 23.4% | -3.6% |
| 2020 | 23.4% | +0.0% |
| 2021 | 23.4% | +0.0% |
| 2022 | 23.4% | +0.0% |
| 2023 | 24.9% | +6.4% |
| 2024 | 24.6% | -1.1% |
Armenia compared with similar countries
- Armenia's 24.6% is below the median for upper middle income countries, which is 27.2%, 91% of the median. (58 countries reporting)
- Armenia's 24.6% is above the median for Europe & Central Asia, which is 24.1%, 1.0× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 21.6% | 21.6% | 21.6% | 10 |
| 1990s | 23.5% | 21.6% | 25.6% | 10 |
| 2000s | 23.7% | 22.7% | 24.9% | 10 |
| 2010s | 23.5% | 23.0% | 24.3% | 10 |
| 2020s | 24.0% | 23.4% | 24.9% | 5 |
Countries ranked near Armenia
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 wealth share of the richest 1% in Armenia?
- Wealth share of the richest 1% in Armenia was 24.6% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Armenia?
- The highest recorded value was 25.6% in 1996.
- What is the lowest wealth share of the richest 1% recorded in Armenia?
- The lowest recorded value was 21.6% in 1990.
- How does Armenia rank for wealth share of the richest 1%?
- Armenia ranks 154th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Armenia?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
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About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.