GDP in USD PPP terms reached 30.7 USD bil in 2018 in Armenia, according to the National Statistical Office. This is 8.470000000000001 % more than in the previous year.
Historically, GDP in USD PPP terms in Armenia reached an all time high of 30.7 USD bil in 2018 and an all time low of 4.34 USD bil in 1993. When compared to Armenia's main peers, GDP in USD PPP terms in Azerbaijan amounted to 178 USD bil, 43.0 USD bil in Georgia, 1,653 USD bil in Iran and 2,314 USD bil in Turkey in 2018.
Armenia has been ranked 130th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 2 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.