GDP From Services in Armenia increased to 22156.30 AMD Million in the fourth quarter of 2020 from 21647.60 AMD Million in the third quarter of 2020. source: National Statistical Service of the Republic of Armenia

GDP From Services in Armenia averaged 17051.81 AMD Million from 2012 until 2020, 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 March of 2021.

GDP From Services in Armenia is expected to be 17663.00 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 20673.00 in 12 months time. In the long-term, the Armenia GDP From Services is projected to trend around 22017.00 AMD Million in 2022 and 23448.00 AMD Million in 2023, according to our econometric models.

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Armenia GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
22156.30 21647.60 41359.40 5295.50 2012 - 2020 AMD Million Quarterly
Constant prices, NSA

Armenia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -8.80 -9.00 19.10 -19.70 percent [+]
GDP 13.67 12.46 13.67 1.20 USD Billion [+]
GDP Constant Prices 1899145.90 1746592.70 1998711.50 8413.00 AMD Million [+]
Gross Fixed Capital Formation 463827.60 280446.50 463827.60 95230.00 AMD Million [+]
GDP per capita 4732.10 4406.70 4732.10 885.20 USD [+]
GDP per capita PPP 13653.70 12715.00 13653.70 2554.20 USD [+]
GDP From Agriculture 246904.50 326886.40 468357.70 50667.10 AMD Million [+]
GDP From Construction 174445.40 110065.60 196213.50 37721.40 AMD Million [+]
GDP From Manufacturing 240990.60 198471.30 240990.60 81803.40 AMD Million [+]
GDP From Mining 49983.20 55732.50 56300.50 20043.40 AMD Million [+]
GDP From Public Administration 118428.80 73425.70 118428.80 31259.30 AMD Million [+]
GDP From Services 22156.30 21647.60 41359.40 5295.50 AMD Million [+]
GDP From Transport 33866.50 38220.00 63486.90 24520.60 AMD Million [+]
GDP From Utilities 5165.10 5733.60 8631.00 2947.80 AMD Million [+]