Armenia GDP: $16 Billion

GROSS DOMESTIC PRODUCT (CONSTANT PRICES: 2015)

Armenia GDP Forecast: $16 Billion in 2024, $17.1 Billion projected for 2025 (Constant 2015 Prices).

GDP in Armenia is estimated to be $16 Billion US dollars at the end of 2024 in Real GDP terms.

Looking ahead to 2025, projections suggest Armenia's 2025 GDP estimate could be $17.1 Billion. This Armenia GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 4.9%.

The economy of Armenia has grown at an average annual growth rate of 15.5% in the last four years and is ranked the 32th largest economy in Europe, ahead of Estonia.

See the full Armenia data sheet covering Economics, Demographics and ESG

Real GDP (US$): Armenia


Source: World Bank, World Economics
Notes: 2015 Constant Prices
0 0 0 Armenia|#FE1800|5839777093.95123, 5156523262.60518, 3001096397.25066, 2736999950.50702, 2884798023.90046, 3083849041.96219, 3264729146.7809, 3373153403.74995, 3619393601.80914, 3738833590.68989, 3959424772.65728, 4339529550.80372, 4912347451.42022, 5600076094.6952, 6188084084.57212, 7048227772.27278, 7978593838.17516, 9071661194.12856, 9697605816.5624, 8330243396.35924, 8513508751.09706, 8913643662.28574, 9555426006.05632, 9870755064.25618, 10226102246.6276, 10553337518.414, 10574444193.4325, 11367527508.1135, 11958638938.496, 12867495497.647, 11941035821.9185, 12633615899.6682, 14225451502.9981, 15406163977.6894, 16336696281.9419 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Armenia 2021 2022 2023 2024
Real GDP (US$ Billions, 2010) 13 14 15 16
Real GDP per Capita (US$, 2010) 4,265 4,791 5,151 5,367
Current GDP (Billions, US$) 14 20 24 26
Current GDP per Capita (US$) 4,685 6,572 8,053 8,390
Real GDP PPP (Billions, 2017) 47 54 59 62
Real GDP per Capita PPP (int$ 2017) 13,346 14,259 14,747 17,287
GDP Annual Growth Rate (%) 5.8 12.6 8.3 6.0
GDP per Capita Annual Growth Rate (%) 5.8 12.3 7.5 4.2
Data Quality Rating for Armenia See how much you can trust Armenia's GDP Data





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