GDP From Services in Armenia decreased to 18334.70 AMD Million in the first quarter of 2021 from 22156.30 AMD Million in the fourth quarter of 2020. source: National Statistical Service of the Republic of Armenia

GDP From Services in Armenia averaged 17086.49 AMD Million from 2012 until 2021, reaching an all time high of 41359.40 AMD Million in the third quarter of 2019 and a record low of 5295.50 AMD Million in the first quarter of 2012. This page provides - Armenia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia GDP From Services - values, historical data and charts - was last updated on August of 2021.

GDP From Services in Armenia is expected to be 9635.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Armenia to stand at 19160.00 in 12 months time. In the long-term, the Armenia GDP From Services is projected to trend around 24078.00 AMD Million in 2022 and 25282.00 AMD Million in 2023, according to our econometric models.

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Armenia GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
18334.70 22156.30 41359.40 5295.50 2012 - 2021 AMD Million Quarterly
Constant prices, NSA

Armenia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -3.30 -8.70 19.10 -19.70 percent [+]
GDP 12.65 13.67 13.67 1.20 USD Billion [+]
GDP Constant Prices 1284086.40 1899145.90 1998711.50 8413.00 AMD Million [+]
Gross Fixed Capital Formation 147701.90 463827.60 463827.60 95230.00 AMD Million [+]
GDP per capita 4364.31 4732.07 4732.07 885.22 USD [+]
GDP per capita PPP 12592.64 13653.76 13653.76 2554.17 USD [+]
GDP From Agriculture 56351.20 246904.50 468357.70 50667.10 AMD Million [+]
GDP From Construction 46599.10 174445.40 196213.50 37721.40 AMD Million [+]
GDP From Manufacturing 128060.90 240990.60 240990.60 81803.40 AMD Million [+]
GDP From Mining 58130.70 49983.20 58130.70 20043.40 AMD Million [+]
GDP From Public Administration 69754.70 118428.80 118428.80 31259.30 AMD Million [+]
GDP From Services 18334.70 22156.30 41359.40 5295.50 AMD Million [+]
GDP From Transport 26504.20 33866.50 63486.90 24520.60 AMD Million [+]
GDP From Utilities 6081.50 5165.10 8631.00 2947.80 AMD Million [+]