The Gross Domestic Product (GDP) in Armenia was worth 13.67 billion US dollars in 2019, according to official data from the World Bank. The GDP value of Armenia represents 0.01 percent of the world economy. source: World Bank

GDP in Armenia averaged 6.06 USD Billion from 1990 until 2019, reaching an all time high of 13.67 USD Billion in 2019 and a record low of 1.20 USD Billion in 1993. This page provides - Armenia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia GDP - values, historical data and charts - was last updated on November of 2020.

GDP in Armenia is expected to reach 9.80 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia GDP is projected to trend around 11.00 USD Billion in 2021 and 14.00 USD Billion in 2022, according to our econometric models.

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Armenia GDP

Actual Previous Highest Lowest Dates Unit Frequency
13.67 12.46 13.67 1.20 1990 - 2019 USD Billion Yearly
Current USD

Armenia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -9.10 -13.70 19.10 -19.70 percent [+]
GDP 13.67 12.46 13.67 1.20 USD Billion [+]
GDP Constant Prices 1744942.40 1270978.00 1998711.50 8413.00 AMD Million [+]
Gross Fixed Capital Formation 280446.50 147601.80 451713.50 95230.00 AMD Million [+]
GDP per capita 4732.10 4406.70 4732.10 885.20 USD [+]
GDP per capita PPP 13653.70 12715.00 13653.70 2554.20 USD [+]
GDP From Agriculture 326886.40 121571.20 468357.70 50667.10 AMD Million [+]
GDP From Construction 110065.60 54099.00 196213.50 37721.40 AMD Million [+]
GDP From Manufacturing 198471.30 158654.70 229230.60 81803.40 AMD Million [+]
GDP From Mining 55732.50 54832.10 56300.50 20043.40 AMD Million [+]
GDP From Public Administration 73425.70 81009.30 94140.80 31259.30 AMD Million [+]
GDP From Services 21647.60 8880.40 41359.40 5295.50 AMD Million [+]
GDP From Transport 38220.00 32765.10 63486.90 24520.60 AMD Million [+]
GDP From Utilities 5733.60 4901.30 8631.00 2947.80 AMD Million [+]


Armenia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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