GDP From Services in Armenia decreased to 8880.40 AMD Million in the second quarter of 2020 from 19198.90 AMD Million in the first quarter of 2020.

GDP From Services in Armenia averaged 16766.51 AMD Million from 2012 until 2020, reaching an all time high of 41359.40 AMD Million in the third quarter of 2019 and a record low of 5295.50 AMD Million in the first quarter of 2012. This page provides - Armenia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia GDP From Services - values, historical data and charts - was last updated on September of 2020.

GDP From Services in Armenia is expected to be 47279.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Armenia to stand at 20044.00 in 12 months time. In the long-term, the Armenia GDP From Services is projected to trend around 42125.00 AMD Million in 2021 and 43937.00 AMD Million in 2022, according to our econometric models.

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Armenia GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
8880.40 19198.90 41359.40 5295.50 2012 - 2020 AMD Million Quarterly
Constant prices, NSA

Armenia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -13.70 3.90 19.10 -19.70 percent [+]
GDP 13.67 12.46 13.67 1.20 USD Billion [+]
GDP Constant Prices 1270978.00 1268440.20 1998711.50 8413.00 AMD Million [+]
Gross Fixed Capital Formation 147601.80 132538.10 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 121571.20 60443.20 468357.70 50667.10 AMD Million [+]
GDP From Construction 54099.00 39280.40 196213.50 37721.40 AMD Million [+]
GDP From Manufacturing 158654.70 146568.70 229230.60 81803.40 AMD Million [+]
GDP From Mining 54832.10 45740.10 56300.50 20043.40 AMD Million [+]
GDP From Public Administration 81009.30 59630.50 94140.80 31259.30 AMD Million [+]
GDP From Services 8880.40 19198.90 41359.40 5295.50 AMD Million [+]
GDP From Transport 32765.10 37830.30 63486.90 24520.60 AMD Million [+]
GDP From Utilities 4901.30 4853.40 8631.00 2947.80 AMD Million [+]