Armenia's economic growth slowed to 5.9% in 2024, down from 8.7% in 2023. Full Year GDP Growth in Armenia averaged 3.74 percent from 1991 until 2024, reaching an all time high of 14.00 percent in 2003 and a record low of -41.80 percent in 1992.
Full Year GDP Growth in Armenia is expected to reach 4.90 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Full Year GDP Growth is projected to trend around 4.50 percent in 2026 and 4.00 percent in 2027, according to our econometric models.