Armenian Dram Inflation Calculator
AMD 10,000 in 1993 has the same buying power as AMD 3,606,141 in 2026.
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AMD 10,000 in 2001 is worth AMD 24,851 in 2026
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Inflation analysis
Inflation in Armenia
Armenia inflation is 3.60% in 2026, following 3.31% in 2025. 34 years of data are available, from 1993.
This page covers 34 years of Armenia consumer price data, from 1993 to 2026. Series that begin this late usually do so because the country, the currency or the statistical agency behind the index did not exist in its current form before then. The steepest single year on record was 1994, when consumer prices in Armenia rose 3,374%. That is hyperinflation — prices were rising faster than most people could spend their money, and figures from either side of an episode like that are barely comparable without the context of what happened to the currency itself.
Prices fell in 2 of those 33 years, including in recent decades — about 6% of the time — most sharply in 2016, when they dropped 1.4%. In a year like that money gained purchasing power rather than losing it. By decade, the 1990s were the most inflationary stretch, averaging 598.6% a year, while the 2010s were the calmest at 3.4%. Over the last ten years inflation has averaged 3.1% a year, markedly calmer than the 111.7% average across the whole record.
Cumulative Armenia inflation over common spans
How much prices have risen in total over the last few years and decades, and what AMD 10,000 at the start of each span is worth in 2026 money.
| Range | Years | Cumulative inflation | Average per year | AMD 10,000 becomes |
|---|---|---|---|---|
| 2025 to 2026 | 1 | 3.60% | 3.60% | AMD 10,360 |
| 2023 to 2026 | 3 | 7.31% | 2.38% | AMD 10,731 |
| 2021 to 2026 | 5 | 18.90% | 3.52% | AMD 11,890 |
| 2016 to 2026 | 10 | 35.44% | 3.08% | AMD 13,544 |
| 2011 to 2026 | 15 | 54.77% | 2.95% | AMD 15,477 |
| 2006 to 2026 | 20 | 112.01% | 3.83% | AMD 21,201 |
| 2001 to 2026 | 25 | 148.51% | 3.71% | AMD 24,851 |
| 1996 to 2026 | 30 | 216.98% | 3.92% | AMD 31,698 |
Armenia CPI and inflation rate by year
The full annual series behind this calculator, from 1993 to 2026. The final column shows what AMD 10,000 in that year is worth in 2026 money.
| Year | CPI index | Inflation | AMD 10,000 then, in 2026 |
|---|---|---|---|
| 2026 | 133.54 | 3.60% | AMD 10,000 |
| 2025 | 128.90 | 3.31% | AMD 10,360 |
| 2024 | 124.77 | 0.27% | AMD 10,703 |
| 2023 | 124.44 | 1.98% | AMD 10,731 |
| 2022 | 122.02 | 8.64% | AMD 10,944 |
| 2021 | 112.32 | 7.18% | AMD 11,890 |
| 2020 | 104.79 | 1.21% | AMD 12,744 |
| 2019 | 103.53 | 1.44% | AMD 12,898 |
| 2018 | 102.06 | 2.52% | AMD 13,084 |
| 2017 | 99.55 | 0.97% | AMD 13,414 |
| 2016 | 98.60 | -1.40% | AMD 13,544 |
| 2015 | 100.00 | 3.73% | AMD 13,354 |
| 2014 | 96.40 | 2.98% | AMD 13,852 |
| 2013 | 93.61 | 5.79% | AMD 14,265 |
| 2012 | 88.49 | 2.56% | AMD 15,091 |
| 2011 | 86.28 | 7.65% | AMD 15,477 |
| 2010 | 80.15 | 8.18% | AMD 16,661 |
| 2009 | 74.09 | 3.41% | AMD 18,024 |
| 2008 | 71.65 | 8.95% | AMD 18,638 |
| 2007 | 65.76 | 4.41% | AMD 20,306 |
| 2006 | 62.99 | 2.89% | AMD 21,201 |
| 2005 | 61.22 | 0.64% | AMD 21,814 |
| 2004 | 60.83 | 6.96% | AMD 21,953 |
| 2003 | 56.87 | 4.72% | AMD 23,482 |
| 2002 | 54.31 | 1.06% | AMD 24,590 |
| 2001 | 53.74 | 3.15% | AMD 24,851 |
| 2000 | 52.10 | -0.79% | AMD 25,633 |
| 1999 | 52.51 | 0.65% | AMD 25,430 |
| 1998 | 52.18 | 8.67% | AMD 25,595 |
| 1997 | 48.01 | 13.96% | AMD 27,815 |
| 1996 | 42.13 | 18.68% | AMD 31,698 |
| 1995 | 35.50 | 175.95% | AMD 37,619 |
| 1994 | 12.86 | 3,373.76% | AMD 103,811 |
| 1993 | 0.37 | — | AMD 3,606,141 |
Armenia inflation FAQ
- What is the current inflation rate in Armenia?
- Armenia inflation was 3.60% in 2026, the most recent year in this dataset, measured as the change in the annual average consumer price index from 2025.
- How much has Armenian Dram lost in value since 1993?
- AMD 10,000 in 1993 has the same purchasing power as AMD 3,606,141 in 2026. That is cumulative inflation of 35,961.41% over 33 years, an average of 19.53% per year.
- What years does this Armenia inflation calculator cover?
- This calculator covers 34 years, from 1993 to 2026. You can convert an amount between any two years in that range.
- Can Armenian Dram inflation be negative?
- Yes. Negative inflation, or deflation, means prices fell and Armenian Dram gained purchasing power over that year. Armenia recorded deflation in 2 of the 33 years measured here, most recently in 2016. The steepest fall was -1.40% in 2016.
- What is the difference between CPI and the inflation rate?
- The consumer price index (CPI) is a level: it measures the cost of a fixed basket of goods and services in a given year. The inflation rate is the percentage change in that level between two periods. This calculator uses the ratio of CPI values for your two chosen years to convert an amount between them.
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