Labour Share of GDP in Armenia, 2015–2024

Labour income as a share of GDP; %, 2015–2024.

What the Data Shows

Labour’s share of Armenia’s GDP is tracked from 2015 to 2024. The chart contains ten annual observations reported as a percentage of gross domestic product. The share peaked at 35.2% in 2020 and stood at 33.4% in 2024. The 2024 value was 1.0 percentage point below the 2015 level.

Data table

2015 34.4%
2016 34.8%
2018 33.8%
2020 35.2%
2021 34.2%
2022 31.7%
2023 33.3%
2024 33.4%

Sources

Source 1: Labour share of GDP

Publisher: Armstat

Dataset/table: Labour’s Share of Armenia’s Economy, 2015–2024

Units: % of GDP

Date checked: 2026-07-19

Evidence: Supports the values used for Labour’s Share of Armenia’s GDP, 2015–2024.

Data notes & caveats

Each annual value is a share of that year’s GDP. The values across years are rates and do not form a composition.

Methodology

The chart preserves all ten annual Armstat observations and reports each year’s labour share on the source-defined GDP denominator.

Source consistency notes

All observations come from Armstat, use the labour-share-of-GDP definition and retain the annual percentage basis.

Licensing

Branded MarketStats graphics are free to use*

Keep the visible MarketStats attribution, source line and canonical page link intact. For clean unbranded assets, commercial use or higher-volume reuse, choose one of the licensing tiers below.

View tiers and terms
Request unbranded access

This specific graphic needs a source-rights review before an unbranded download. Branded use remains available.

* Free branded use is subject to the Terms and requires attribution/canonical-link preservation. MarketStats licenses the graphic presentation and MarketStats-created editorial layer, not the underlying third-party source data. Source attribution and source-provider obligations still apply.