Vegetable oil vs gdp in Armenia

Armenia: Vegetable oil vs gdp was 10.58 in 2023. ▲ Rising

Latest (2023)
10.58
Change on year
up 0.8%
World rank
111th
of 192 countries
All-time high
10.86
in 2014
All-time low
0.4196
in 1993
Years of data
32
1992–2023

Vegetable oil vs gdp in Armenia, 1992–2023

02.557.5101992200720231992: 0.4251993: 0.421994: 2.41995: 4.51996: 5.41997: 5.71998: 3.31999: 2.82000: 3.82001: 3.82002: 4.42003: 6.42004: 4.62005: 62006: 6.12007: 7.52008: 7.52009: 7.42010: 10.82011: 10.32012: 9.72013: 9.72014: 10.92015: 9.62016: 9.32017: 9.52018: 102019: 10.52020: 9.62021: 9.82022: 10.52023: 10.6

Source: Our World in Data.

Analysis

In 2023, vegetable oil vs gdp in Armenia stood at 10.58.

The figure is up 0.8% on the previous year and up 9.1% over ten years.

Over the whole period, vegetable oil vs gdp in Armenia peaked at 10.86 in 2014 and was at its lowest, 0.4196, in 1993.

Armenia ranks 111th of 192 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 32 years of available data.

Vegetable oil vs gdp in Armenia, year by year

Annual values for Vegetable oil vs gdp in Armenia, 1992 to 2023.
Year Value Change
1992 0.4249 —
1993 0.4196 -1.2%
1994 2.41 +473.2%
1995 4.53 +88.4%
1996 5.36 +18.3%
1997 5.65 +5.5%
1998 3.33 -41.1%
1999 2.8 -15.8%
2000 3.82 +36.2%
2001 3.84 +0.6%
2002 4.36 +13.5%
2003 6.35 +45.8%
2004 4.62 -27.4%
2005 6.04 +30.8%
2006 6.07 +0.5%
2007 7.5 +23.6%
2008 7.53 +0.5%
2009 7.38 -2.1%
2010 10.85 +47.1%
2011 10.27 -5.3%
2012 9.66 -5.9%
2013 9.7 +0.4%
2014 10.86 +12.0%
2015 9.57 -11.9%
2016 9.28 -3.0%
2017 9.47 +2.0%
2018 10 +5.6%
2019 10.5 +5.0%
2020 9.64 -8.2%
2021 9.8 +1.7%
2022 10.5 +7.1%
2023 10.58 +0.8%

Armenia compared with similar countries

  • Armenia's 10.58 is below the median for upper middle income countries, which is 11.38, 93% of the median. (57 countries reporting)
  • Armenia's 10.58 is below the median for Europe & Central Asia, which is 12.59, 84% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Vegetable oil vs gdp in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 +473.2% 0.4196 2.41
1995 +88.4% 2.41 4.53

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.12 0.4196 5.65 8
2000s 5.75 3.82 7.53 10
2010s 10.02 9.28 10.86 10
2020s 10.13 9.64 10.58 4

Countries ranked near Armenia

  1. 108 Belgium 10.66 compare
  2. 109 Hong Kong 10.63 compare
  3. 110 Serbia 10.59 compare
  4. 112 Congo 10.43 compare
  5. 113 Uzbekistan 10.4 compare
  6. 114 Sudan 10.3 compare

See the full ranking of 192 places →

More energy & mining data for Armenia

All data for Armenia →

Frequently asked questions

What is vegetable oil vs gdp in Armenia?
Vegetable oil vs gdp in Armenia was 10.58 in 2023, according to Our World in Data.
What is the highest vegetable oil vs gdp recorded in Armenia?
The highest recorded value was 10.86 in 2014.
What is the lowest vegetable oil vs gdp recorded in Armenia?
The lowest recorded value was 0.4196 in 1993.
How does Armenia rank for vegetable oil vs gdp?
Armenia ranks 111th out of 192 countries with data for 2023.
Is vegetable oil vs gdp rising or falling in Armenia?
Over the last ten years it is up 9.1%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Our World in Data, published as part of Vegetable oil vs gdp. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp in Armenia. Statizoid, drawing on Our World in Data. Retrieved 12 November 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp/armenia/

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About this data

Indicator
Vegetable oil vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
192 places, 10,214 data points, 1961–2023
Last refreshed