Armenia GDP Current Prices - Forecast

GDP Constant Prices in Armenia is expected to be 1238170.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Armenia to stand at 1005921.00 in 12 months time. In the long-term, the Armenia GDP Current Prices is projected to trend around 2021697.00 AMD Million in 2020, according to our econometric models.


Armenia GDP Current Prices
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Armenia GDP Last Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 9.6 3.4 3.7 3.8 3.5 4.3
GDP 10.55 10.25 10.32 13 13.3 13.8
GDP Constant Prices 1112169 1238170 1621264 1862006 1151095 2021697
Gross Fixed Capital Formation 436488 178790 274960 453075 451765 491932
GDP per capita 3925 3974 4024 3947 4054 4073
GDP per capita PPP 8174 8128 8102 8077 7519 7291
GDP From Agriculture 53672 110365 342333 293252 55551 318402
GDP From Construction 43284 91873 125893 172171 44799 186937
GDP From Manufacturing 128874 124375 138938 161546 133385 175401
GDP From Mining 40150 32920 43081 48669 41556 52843
GDP From Public Administration 46818 63116 61877 95233 48456 103401
GDP From Services 15525 19432 27677 24849 16068 26980
GDP From Transport 39324 36899 41760 44322 40700 48123
GDP From Utilities 5749 6209 5993 6104 5950 6628