Wealth share of the richest 1% in Armenia

Armenia: Wealth share of the richest 1% was 24.6% in 2024. ▲ Rising

Latest (2024)
24.6%
Change on year
down 1.1%
World rank
154th
of 215 countries
All-time high
25.6%
in 1996
All-time low
21.6%
in 1990
Years of data
45
1980–2024

Wealth share of the richest 1% in Armenia, 1980–2024

01020301980200220241980: 21.6 %1981: 21.6 %1982: 21.6 %1983: 21.6 %1984: 21.6 %1985: 21.6 %1986: 21.6 %1987: 21.6 %1988: 21.6 %1989: 21.6 %1990: 21.6 %1991: 21.7 %1992: 22 %1993: 22.5 %1994: 23.4 %1995: 24.1 %1996: 25.6 %1997: 25.1 %1998: 24.6 %1999: 24.5 %2000: 24.1 %2001: 23.8 %2002: 24 %2003: 23.8 %2004: 24.9 %2005: 24.6 %2006: 23.1 %2007: 23.2 %2008: 22.9 %2009: 22.7 %2010: 23.3 %2011: 23 %2012: 23.1 %2013: 23.1 %2014: 23.3 %2015: 23.6 %2016: 23.5 %2017: 24.2 %2018: 24.3 %2019: 23.4 %2020: 23.4 %2021: 23.4 %2022: 23.4 %2023: 24.9 %2024: 24.6 %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 151 Mali 24.8% compare
  2. 152 El Salvador 24.7% compare
  3. 152 Kuwait 24.7% compare
  4. 155 Japan 24.6% compare
  5. 156 Cote d'Ivoire 24.6% compare
  6. 157 Nepal 24.4% compare

See the full ranking of 215 places →

More reference data data for Armenia

All data for Armenia →

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.

Download this data

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

The 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.