GDP in Armenia

Armenia GDP | Economic News & Forecasts

Armenia - GDP

The 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

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)7.1  3.3  3.6  3.2  0.2  

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Armenia GDP Chart


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

Armenia Facts

ValueChangeDate
Stock Market0.10.0 %Oct 19

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