GDP in Armenia
Armenia - GDPThe 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
|Economic Growth (GDP, annual variation in %)||4.7||7.1||3.3||3.6||3.0|
5 years of economic forecasts for more than 30 economic indicators.
Armenia GDP Chart
|Stock Market||1.4||0.0 %||Jun 12|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.