The share and number of people living in extreme poverty in Armenia

Armenia: The share and number of people living in extreme poverty 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

The share and number of people living in extreme poverty 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

Armenia recorded 0.8% for the share and number of people living in extreme poverty in 2024. 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, the share and number of people living in extreme poverty in Armenia peaked at 24.1% in 2001 and was at its lowest, 0.8%, in 2024.

That places Armenia 71st out of 120 countries with data for 2024, putting it in the middle of the range.

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

The share and number of people living in extreme poverty in Armenia, year by year

Annual values for The share and number of people living in extreme poverty 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%

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 the share and number of people living in extreme poverty in Armenia?
The share and number of people living in extreme poverty 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 the share and number of people living in extreme poverty recorded in Armenia?
The highest recorded value was 24.1% in 2001.
What is the lowest the share and number of people living in extreme poverty recorded in Armenia?
The lowest recorded value was 0.8% in 2024.
How does Armenia rank for the share and number of people living in extreme poverty?
Armenia ranks 71st out of 120 countries with data for 2024.
Is the share and number of people living in extreme poverty 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 The share and number of people living in extreme poverty. Statizoid updates them automatically from the source API.

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The share and number of people living in extreme poverty in Armenia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 10 September 2026, from https://poverty.statizoid.com/stat/the-share-and-number-of-people-living-in-extreme-poverty/armenia/

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About this data

Indicator
The share and number of people living in extreme poverty
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.