We evaluated the direct effects of three different atmospheric CO2 concentrations (380 ppm, 550 ppm and 750 ppm) on the population parameters of the cotton bollworm, Helicoverpa armigera fed an artificial diet. The life history and fitness of H. armigera were analyzed using an age-stage, two-sex life table. Our results showed significantly longer larval durations and lower female pupal weight under elevated CO2 than under ambient CO2. Additionally, the fecundity of H. armigera was lower under elevated CO2 than under ambient CO2. H. armigera reared under elevated CO2 conditions showed lower intrinsic and finite rates of increase but higher net consumption and finite consumption rates than H. armigera reared under ambient CO2 conditions. According to population projections, a much smaller total population size and reduced consumption capacities would be expected in an elevated CO2 atmosphere due to higher mortality and lower growth rate compared with ambient CO2 levels. These results indicate that the fitness of and potential damage caused by H. armigera would be affected by increased CO2 relative to ambient CO2 concentrations. Additional studies on the long-term direct and indirect effects of elevated CO2 levels on H. armigera are still needed.