Labor share of gdp in Armenia

Armenia: Labor share of gdp was 50.3 in 2025. ▼ Falling

Latest (2025)
50.3
Change on year
up 0.4%
World rank
71st
of 187 countries
All-time high
59.6
in 2004
All-time low
49.6
in 2022
Years of data
22
2004–2025

Labor share of gdp in Armenia, 2004–2025

02040602004201420252004: 59.62005: 59.22006: 58.52007: 57.42008: 56.12009: 57.52010: 55.92011: 55.22012: 53.92013: 53.22014: 52.92015: 53.32016: 542017: 53.12018: 522019: 52.22020: 55.22021: 53.52022: 49.62023: 49.92024: 50.12025: 50.3

Source: Our World in Data.

Analysis

Armenia recorded 50.3 for labor share of gdp in 2025.

Compared with earlier readings it is up 0.4% on the previous year and down 5.6% over ten years.

Over the whole period, labor share of gdp in Armenia peaked at 59.6 in 2004 and was at its lowest, 49.6, in 2022.

That places Armenia 71st out of 187 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Labor share of gdp in Armenia, year by year

Annual values for Labor share of gdp in Armenia, 2004 to 2025.
Year Value Change
2004 59.6 —
2005 59.2 -0.7%
2006 58.5 -1.2%
2007 57.4 -1.9%
2008 56.1 -2.3%
2009 57.5 +2.5%
2010 55.9 -2.8%
2011 55.2 -1.3%
2012 53.9 -2.4%
2013 53.2 -1.3%
2014 52.9 -0.6%
2015 53.3 +0.8%
2016 54 +1.3%
2017 53.1 -1.7%
2018 52 -2.1%
2019 52.2 +0.4%
2020 55.2 +5.7%
2021 53.5 -3.1%
2022 49.6 -7.3%
2023 49.9 +0.6%
2024 50.1 +0.4%
2025 50.3 +0.4%

Armenia compared with similar countries

  • Armenia's 50.3 is above the median for upper middle income countries, which is 45.7, 1.1× the median. (53 countries reporting)
  • Armenia's 50.3 is below the median for Europe & Central Asia, which is 54.2, 93% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 58.05 56.1 59.6 6
2010s 53.57 52 55.9 10
2020s 51.43 49.6 55.2 6

Countries ranked near Armenia

  1. 68 China 50.7 compare
  2. 69 Belize 50.4 compare
  3. 69 Suriname 50.4 compare
  4. 71 Singapore 50.3 compare
  5. 73 Guyana 49.9 compare
  6. 74 Colombia 49.5 compare

See the full ranking of 187 places →

More work & labour data for Armenia

All data for Armenia →

Frequently asked questions

What is labor share of gdp in Armenia?
Labor share of gdp in Armenia was 50.3 in 2025, according to Our World in Data.
What is the highest labor share of gdp recorded in Armenia?
The highest recorded value was 59.6 in 2004.
What is the lowest labor share of gdp recorded in Armenia?
The lowest recorded value was 49.6 in 2022.
How does Armenia rank for labor share of gdp?
Armenia ranks 71st out of 187 countries with data for 2025.
Is labor share of gdp rising or falling in Armenia?
Over the last ten years it is down 5.6%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.

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Labor share of gdp in Armenia. Statizoid, drawing on Our World in Data. Retrieved 10 November 2026, from https://labour.statizoid.com/stat/labor-share-of-gdp/armenia/

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About this data

Indicator
Labor share of gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 3,644 data points, 2004–2025
Last refreshed