Income share held by highest 10% in Armenia

Armenia: Income share held by highest 10% was 23.3% in 2024. ▼ Falling

Latest (2024)
23.3%
Change on year
up 1.7%
World rank
101st
of 123 countries
All-time high
35.2%
in 1996
All-time low
21.5%
in 2020
Years of data
26
1996–2024

Income share held by highest 10% in Armenia, 1996–2024

0102030401996201020241996: 35.21999: 29.62001: 29.12002: 292003: 28.22004: 31.72005: 30.82006: 24.42007: 25.12008: 23.72009: 22.92010: 252011: 242012: 24.52013: 24.72014: 25.72015: 26.72016: 25.32017: 28.42018: 29.22019: 25.22020: 21.52021: 23.62022: 232023: 22.92024: 23.3

Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.

Analysis

In 2024, income share held by highest 10% in Armenia stood at 23.3%.

The figure is up 1.7% on the previous year and down 9.3% over ten years.

Over the whole period, income share held by highest 10% in Armenia peaked at 35.2% in 1996 and was at its lowest, 21.5%, in 2020.

Armenia ranks 101st of 123 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 26 years of available data.

Income share held by highest 10% in Armenia, year by year

Annual values for Income share held by highest 10% in Armenia, 1996 to 2024.
Year Value Change
1996 35.2% —
1999 29.6% -15.9%
2001 29.1% -1.7%
2002 29.0% -0.3%
2003 28.2% -2.8%
2004 31.7% +12.4%
2005 30.8% -2.8%
2006 24.4% -20.8%
2007 25.1% +2.9%
2008 23.7% -5.6%
2009 22.9% -3.4%
2010 25.0% +9.2%
2011 24.0% -4.0%
2012 24.5% +2.1%
2013 24.7% +0.8%
2014 25.7% +4.0%
2015 26.7% +3.9%
2016 25.3% -5.2%
2017 28.4% +12.3%
2018 29.2% +2.8%
2019 25.2% -13.7%
2020 21.5% -14.7%
2021 23.6% +9.8%
2022 23.0% -2.5%
2023 22.9% -0.4%
2024 23.3% +1.7%

Armenia compared with similar countries

  • Armenia's 23.3% is below the median for upper middle income countries, which is 28.5%, 82% of the median. (38 countries reporting)
  • Armenia's 23.3% is below the median for Europe & Central Asia, which is 24.2%, 96% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 32.4% 29.6% 35.2% 2
2000s 27.2% 22.9% 31.7% 9
2010s 25.9% 24.0% 29.2% 10
2020s 22.9% 21.5% 23.6% 5

Countries ranked near Armenia

  1. 98 Hungary 23.9% compare
  2. 99 Estonia 23.7% compare
  3. 100 Bosnia and Herzegovina 23.6% compare
  4. 101 Croatia 23.3% compare
  5. 103 Guinea 23.1% compare
  6. 104 Kyrgyzstan 22.9% compare
  7. 104 North Macedonia 22.9% compare
  8. 104 Poland 22.9% compare

See the full ranking of 123 places →

More poverty & inequality data for Armenia

All data for Armenia →

Frequently asked questions

What is income share held by highest 10% in Armenia?
Income share held by highest 10% in Armenia was 23.3% in 2024, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
What is the highest income share held by highest 10% recorded in Armenia?
The highest recorded value was 35.2% in 1996.
What is the lowest income share held by highest 10% recorded in Armenia?
The lowest recorded value was 21.5% in 2020.
How does Armenia rank for income share held by highest 10%?
Armenia ranks 101st out of 123 countries with data for 2024.
Is income share held by highest 10% rising or falling in Armenia?
Over the last ten years it is down 9.3%. 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. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 10%. Statizoid updates them automatically from the source API.

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Income share held by highest 10% in Armenia. Statizoid, drawing on World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/income-share-held-by-highest-10-percent/armenia/

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About this data

Indicator
Income share held by highest 10%
Source
World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
123 places, 2,326 data points, 1963–2025
Last refreshed

Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.