The Gross Domestic Product (GDP) in Armenia was worth 12.43 billion US dollars in 2018. The GDP value of Armenia represents 0.02 percent of the world economy. GDP in Armenia averaged 5.79 USD Billion from 1990 until 2018, reaching an all time high of 12.43 USD Billion in 2018 and a record low of 1.20 USD Billion in 1993. source: World Bank

GDP in Armenia is expected to be 13.80 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia GDP is projected to trend around 15.10 USD Billion in 2020, according to our econometric models.

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Armenia GDP

Actual Previous Highest Lowest Dates Unit Frequency
12.43 11.53 12.43 1.20 1990 - 2018 USD Billion Yearly
Current USD

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.

Armenia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 7.90 6.90 19.10 -19.70 percent [+]
GDP 12.43 11.53 12.43 1.20 USD Billion [+]
GDP Constant Prices 1823763.30 1487174.80 1845202.80 8413.00 AMD Million [+]
Gross Fixed Capital Formation 275607.40 193844.60 451713.50 95230.00 AMD Million [+]
GDP per capita 4406.70 4198.80 4406.70 886.00 USD [+]
GDP per capita PPP 9177.70 8744.70 9177.70 1845.30 USD [+]
GDP From Agriculture 339988.80 121929.30 468357.70 50589.60 AMD Million [+]
GDP From Construction 120807.80 91519.10 196213.50 37520.60 AMD Million [+]
GDP From Manufacturing 203543.00 171789.00 203543.00 81803.40 AMD Million [+]
GDP From Mining 57704.60 51029.00 57704.60 20043.40 AMD Million [+]
GDP From Public Administration 70264.50 62188.90 88251.50 31259.30 AMD Million [+]
GDP From Services 46695.50 33909.90 46695.50 5295.50 AMD Million [+]
GDP From Transport 57396.60 47465.60 57396.60 24520.60 AMD Million [+]
GDP From Utilities 6619.10 7224.40 8163.50 2947.80 AMD Million [+]