GDP in Armenia

Armenia GDP (USD bn) | Economic News & Forecasts

Armenia - GDP (billions of U.S. Dollars)

Following a surge in economic growth in the fourth quarter, the Armenian economy likely lost some momentum in the first quarter of 2018 although remains in a strong position. The annual pace of expansion in economic activity fell for the second consecutive month in February to 7.3% from a revised 10.0% in January, slightly lower than the previous estimate. While activity in the services sector continued to flourish, the industrial sector lost considerable ground, with annual growth in output tumbling more than 75%. Despite a pick-up in inflation eating into consumers’ real purchasing power, private consumption likely continued growing at a healthy pace, propped up by a rapid expansion in credit.

Armenia - GDP (USD bn) Data

2012  2013  2014  2015  2016  
GDP (USD bn)10.4  11.1  -     -     -     

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Armenia Facts

ValueChangeDate
Stock Market0.90.0 %Apr 19
Stock Market0.90.0 %Apr 19

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