GDP in Armenia

Armenia GDP | Economic News & Forecasts

Armenia - GDP

The economy emerged from recession in the first quarter according to a preliminary estimate released by the Statistics Institute on 31 May. Annual GDP growth came in at 6.5% in Q1—a multi-year high—and was supported by strong expansions in manufacturing and retail activity. Economic activity has been largely buoyed by the improving health of the Russian economy, which has helped boost remittances. The rapid growth momentum seems to have stalled somewhat at the beginning of the second quarter, however. The Statistical Institute’s economic activity index expanded 3.4% in April, down from the 6.7% observed in March, a result of weaker manufacturing growth.

Armenia - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)4.7  7.1  3.3  3.6  3.0  

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Armenia GDP Chart


Armenia GDP
Note: Annual variation of gross domestic product (GDP) in %.

Armenia Facts

ValueChangeDate
Stock Market1.40.0 %Jun 12

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