The Gross Domestic Product (GDP) in Armenia was worth 11.54 billion US dollars in 2017. The GDP value of Armenia represents 0.02 percent of the world economy. GDP in Armenia averaged 5.56 USD Billion from 1990 until 2017, reaching an all time high of 11.66 USD Billion in 2008 and a record low of 1.20 USD Billion in 1993.
GDP in Armenia is expected to be 13.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia GDP is projected to trend around 13.80 USD Billion in 2020, according to our econometric models.