Armenia Inflation Rate 1994-2020

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Armenia inflation rate for 2019 was 1.44%, a 1.08% decline from 2018.
  • Armenia inflation rate for 2018 was 2.52%, a 1.55% increase from 2017.
  • Armenia inflation rate for 2017 was 0.97%, a 2.37% increase from 2016.
  • Armenia inflation rate for 2016 was -1.40%, a 5.14% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Iran 39.91%
Turkey 15.18%
Belarus 5.60%
Kazakhstan 5.25%
Russia 4.47%
South Africa 4.12%
Jamaica 3.91%
Romania 3.83%
Brazil 3.73%
Namibia 3.73%
Guatemala 3.70%
Mexico 3.64%
Colombia 3.53%
Bulgaria 3.10%
Lebanon 3.01%
China 2.90%
Botswana 2.77%
Paraguay 2.76%
Azerbaijan 2.61%
Gabon 2.46%
Peru 2.14%
Costa Rica 2.10%
Guyana 2.09%
Algeria 1.95%
Serbia 1.85%
Dominican Republic 1.81%
Fiji 1.77%
Armenia 1.44%
Albania 1.41%
Equatorial Guinea 1.24%
Samoa 0.98%
North Macedonia 0.77%
Jordan 0.76%
Thailand 0.71%
Malaysia 0.66%
Bosnia 0.56%
Mauritius 0.41%
Ecuador 0.27%
Maldives 0.22%
Armenia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 1.44% -1.08%
2018 2.52% 1.55%
2017 0.97% 2.37%
2016 -1.40% -5.14%
2015 3.73% 0.75%
2014 2.98% -2.81%
2013 5.79% 3.23%
2012 2.56% -5.09%
2011 7.65% -0.53%
2010 8.18% 4.77%
2009 3.41% -5.54%
2008 8.95% 4.54%
2007 4.41% 1.52%
2006 2.89% 2.25%
2005 0.64% -6.32%
2004 6.96% 2.24%
2003 4.72% 3.66%
2002 1.06% -2.09%
2001 3.15% 3.94%
2000 -0.79% -1.44%
1999 0.65% -8.02%
1998 8.67% -5.29%
1997 13.96% -4.72%
1996 18.68% -157.27%
1995 175.95% -3197.81%
1994 3,373.76% -3197.81%