GDP in Armenia
Armenia - GDPThe Armenian economy continues to display signs of vigor following its healthy H1 performance. According to the Statistical Institute’s monthly economic activity indicator, GDP expanded 7.0% in July. The strong reading was fueled by double-digit growth in industrial production, retail sales and exports. In response to the positive momentum, the government has started preparing an issue of USD 500 million of Eurobonds in either 2019 or 2020. Using funds generated from the bond sale, the government is expected to refinance a seven-year bond coming to maturity in 2020. The measure was presented in late September in the government’s budget, which also had a renewed emphasis on capital expenditure.
Armenia - GDP Data
|Economic Growth (GDP, annual variation in %)||7.1||3.3||3.6||3.2||0.2|
5 years of economic forecasts for more than 30 economic indicators.
Armenia GDP Chart
|Stock Market||0.1||0.0 %||Oct 19|
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.