Extreme monetary poverty and multidimensional poverty over time in Armenia
Armenia: Extreme monetary poverty and multidimensional poverty over time was 0.8% in 2024. ◆ Volatile
Extreme monetary poverty and multidimensional poverty over time in Armenia, 1999–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, extreme monetary poverty and multidimensional poverty over time in Armenia stood at 0.8%. That is the lowest value across all 25 years on record.
That represents a change of down 59.3% on the previous year and down 77.2% over ten years.
Over the whole period, extreme monetary poverty and multidimensional poverty over time 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.
Extreme monetary poverty and multidimensional poverty over time in Armenia, year by year
| 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
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Armenia
- Number of income/consumption surveys in the past decade available via the World Bank 9 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.71 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 1,961 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate -17.23 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 23 (2023)
- Tax revenue as share of GDP vs. income inequality 23.0% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is extreme monetary poverty and multidimensional poverty over time in Armenia?
- Extreme monetary poverty and multidimensional poverty over time 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 extreme monetary poverty and multidimensional poverty over time recorded in Armenia?
- The highest recorded value was 24.1% in 2001.
- What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Armenia?
- The lowest recorded value was 0.8% in 2024.
- How does Armenia rank for extreme monetary poverty and multidimensional poverty over time?
- Armenia ranks 71st out of 120 countries with data for 2024.
- Is extreme monetary poverty and multidimensional poverty over time 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 Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Percentage of population living in households with an income or consumption below $3 per day.