Armenia GDP Annual Growth Rate: 6.0% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Armenia is estimated to be $16 Billion US dollars at the end of 2024.

The economy of Armenia has grown at an average annual growth rate of 8.2% in the last four years and is ranked the 32th largest economy in Europe, ahead of Estonia.

World Economics Rates Armenia's Offical GDP Data as Grade B

GDP Annual Growth Rate: Armenia


Source: World Bank, World Economics
0 0 0 Armenia|#FE1800|-11.699998482027, -41.8000027457562, -8.7999987932935, 5.40000277917656, 6.89999841973659, 5.86540074943565, 3.32107970046952, 7.29999998770998, 3.30000000058166, 5.90000000312092, 9.59999999927596, 13.1999999979356, 14.0000000015501, 10.4999999988202, 13.8999999991133, 13.1999999994661, 13.7000000015467, 6.90000000042958, -14.1000000006998, 2.2000000002151, 4.69999999867412, 7.20000000096486, 3.3, 3.60000000058993, 3.19999999896625, 0.199999999825991, 7.50000000164144, 5.19999999965324, 7.59999999853918, -7.19999999920631, 5.80000000065645, 12.5999999997766, 8.29999999959539, 6.04 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Armenia 2021 2022 2023 2024
GDP Annual Growth Rate (%) 5.8 12.6 8.3 6.0
GDP per Capita Annual Growth Rate (%) 5.8 12.3 7.5 4.2
Real GDP (US$ Billions, 2010) 13 14 15 16
Real GDP per Capita (US$, 2010) 4,265 4,791 5,151 5,367
Current GDP (Billions, US$) 14 20 24 26
Current GDP per Capita (US$) 4,685 6,572 8,053 8,390
Real GDP PPP (Billions, 2017) 47 54 59 62
Real GDP per Capita PPP (int$ 2017) 13,346 14,259 14,747 17,287
Data Quality Rating for Armenia See how much you can trust Armenia's GDP Data




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ARMENIA'S ECONOMICS
ARMENIA'S DEMOGRAPHY
ARMENIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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