The Gross Domestic Product (GDP) in Armenia was worth 12.65 billion US dollars in 2020, 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 6.27 USD Billion from 1990 until 2020, 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 July of 2021.

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

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Armenia GDP

Actual Previous Highest Lowest Dates Unit Frequency
12.65 13.67 13.67 1.20 1990 - 2020 USD Billion Yearly
Current USD

Armenia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -3.30 -8.70 19.10 -19.70 percent [+]
GDP 12.65 13.67 13.67 1.20 USD Billion [+]
GDP Constant Prices 1284086.40 1899145.90 1998711.50 8413.00 AMD Million [+]
Gross Fixed Capital Formation 147701.90 463827.60 463827.60 95230.00 AMD Million [+]
GDP per capita 4364.31 4732.07 4732.07 885.22 USD [+]
GDP per capita PPP 12592.64 13653.76 13653.76 2554.17 USD [+]
GDP From Agriculture 56351.20 246904.50 468357.70 50667.10 AMD Million [+]
GDP From Construction 46599.10 174445.40 196213.50 37721.40 AMD Million [+]
GDP From Manufacturing 128060.90 240990.60 240990.60 81803.40 AMD Million [+]
GDP From Mining 58130.70 49983.20 58130.70 20043.40 AMD Million [+]
GDP From Public Administration 69754.70 118428.80 118428.80 31259.30 AMD Million [+]
GDP From Services 18334.70 22156.30 41359.40 5295.50 AMD Million [+]
GDP From Transport 26504.20 33866.50 63486.90 24520.60 AMD Million [+]
GDP From Utilities 6081.50 5165.10 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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