Share in extreme poverty vs. poverty gap index in Armenia

Armenia: Share in extreme poverty vs. poverty gap index was 0.8% in 2024. ◆ Volatile

Latest (2024)
0.8%
Change on year
down 59.3%
World rank
71st
of 120 countries
All-time high
24.1%
in 2001
All-time low
0.8%
in 2024
Years of data
25
1999–2024

Share in extreme poverty vs. poverty gap index in Armenia, 1999–2024

05101520251999201120241999: 21.2 %2001: 24.1 %2002: 19.8 %2003: 14.8 %2004: 10.3 %2005: 6.1 %2006: 4.5 %2007: 3.7 %2008: 2 %2009: 3.1 %2010: 2.9 %2011: 3.1 %2012: 2.5 %2013: 2.9 %2014: 3.4 %2015: 2.9 %2016: 2.5 %2017: 2.4 %2018: 2.9 %2019: 2.4 %2020: 1.5 %2021: 2.1 %2022: 1.9 %2023: 1.9 %2024: 0.784 %

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

Analysis

In 2024, share in extreme poverty vs. poverty gap index in Armenia stood at 0.8%. That is the lowest value across all 25 years on record.

The figure is down 59.3% on the previous year and down 77.2% over ten years.

Over the whole period, share in extreme poverty vs. poverty gap index in Armenia peaked at 24.1% in 2001 and was at its lowest, 0.8%, in 2024.

Armenia ranks 71st of 120 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share in extreme poverty vs. poverty gap index in Armenia, year by year

Annual values for Share in extreme poverty vs. poverty gap index in Armenia, 1999 to 2024.
Year % Change
1999 21.2%
2001 24.1% +14.0%
2002 19.8% -18.1%
2003 14.8% -24.9%
2004 10.3% -30.3%
2005 6.1% -40.9%
2006 4.5% -26.2%
2007 3.7% -18.2%
2008 2.0% -45.7%
2009 3.1% +55.3%
2010 2.9% -5.4%
2011 3.1% +6.3%
2012 2.5% -20.2%
2013 2.9% +17.9%
2014 3.4% +16.7%
2015 2.9% -17.0%
2016 2.5% -11.8%
2017 2.4% -6.1%
2018 2.9% +22.6%
2019 2.4% -16.2%
2020 1.5% -37.5%
2021 2.1% +39.7%
2022 1.9% -10.4%
2023 1.9% +1.6%
2024 0.8% -59.3%

Armenia compared with similar countries

  • Armenia's 0.8% is below the median for upper middle income countries, which is 1.6%, 49% of the median. (35 countries reporting)
  • Armenia's 0.8% is above the median for Europe & Central Asia, which is 0.3%, 2.3× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 21.2% 21.2% 21.2% 1
2000s 9.8% 2.0% 24.1% 9
2010s 2.8% 2.4% 3.4% 10
2020s 1.6% 0.8% 2.1% 5

Countries ranked near Armenia

  1. 68 Australia 0.9% compare
  2. 69 Sweden 0.8% compare
  3. 70 Spain 0.8% compare
  4. 72 Dominican Republic 0.8% compare
  5. 73 Costa Rica 0.8% compare
  6. 74 Romania 0.7% compare

See the full ranking of 120 places →

More poverty & inequality data for Armenia

All data for Armenia →

Frequently asked questions

What is share in extreme poverty vs. poverty gap index in Armenia?
Share in extreme poverty vs. poverty gap index in Armenia was 0.8% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share in extreme poverty vs. poverty gap index recorded in Armenia?
The highest recorded value was 24.1% in 2001.
What is the lowest share in extreme poverty vs. poverty gap index recorded in Armenia?
The lowest recorded value was 0.8% in 2024.
How does Armenia rank for share in extreme poverty vs. poverty gap index?
Armenia ranks 71st out of 120 countries with data for 2024.
Is share in extreme poverty vs. poverty gap index rising or falling in Armenia?
Over the last ten years it is down 77.2%. The long-run trend across the full record is volatile.
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 Share in extreme poverty vs. poverty gap index. Statizoid updates them automatically from the source API.

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Share in extreme poverty vs. poverty gap index in Armenia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://poverty.statizoid.com/stat/poverty-headcount-rate-vs-poverty-gap/armenia/

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About this data

Indicator
Share in extreme poverty vs. poverty gap index
Unit
%
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

Percentage of population living in households with an income or consumption below $3 per day.