GDP in Armenia

Armenia GDP (USD bn) | Economic News & Forecasts

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

The growth momentum in H1 appears to have carried over into H2, with the economic activity indicator posting another solid expansion in August. Trade also picked up in August as the agricultural sector benefits from a Russian food embargo on EU imports that is increasing demand for Armenian products. On the domestic front, high remittance growth in Q3 is translating into solid private consumption. The government recently approved the 2018 budget, which includes provisions for increased spending on investment and it also upgraded its economic growth forecasts for 2017 and 2018 due to robust growth in H1.

Armenia - GDP (USD bn) Data

2012  2013  2014  2015  2016  
GDP (USD bn)10.4  11.1  11.8  10.7  10.7  

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Stock Market1.30.0 %Nov 03

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