# Market capitalization — Armenia
> Latest: 4.85 billion USD (2024). Change: +1631.5% vs 2023.
- Unit: Current USD
- Frequency: Annual · Coverage: 2018–2024
- Data updated: 2026-10-08
- Source: World Bank — CM.MKT.LCAP.CD — https://data.worldbank.org/indicator/CM.MKT.LCAP.CD
- License: CC BY 4.0
- Interactive chart: https://econdash.org/chart/market-capitalization/ARM
## Recent values
| Year | Value |
| :--- | :--- |
| 2020 | 26.95M |
| 2021 | 29.52M |
| 2022 | 252.67M |
| 2023 | 279.93M |
| 2024 | 4.85B |
## How to cite
APA: World Bank. (2024). Market capitalization — Armenia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/market-capitalization/ARM. Original source: https://data.worldbank.org/indicator/CM.MKT.LCAP.CD
## Full data
Full time series: https://econdash.org/docs/agent-payments (free API trial for core indicators of 10 major economies; otherwise an API key or pay per call)