The economy of Armenia expanded by 4% year-on-year in the first quarter of 2026, easing sharply from a 9.8% growth in the previous quarter, marking the slowest growth since Q4 of 2024. On a quarterly basis, the GDP plunged by 37.8% in Q1, reversing a 14.1% expansion in Q4 2025. source: National Statistical Service of the Republic of Armenia

The Gross Domestic Product (GDP) in Armenia expanded 4 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Armenia averaged 6.87 percent from 1998 until 2026, reaching an all time high of 19.10 percent in the second quarter of 2006 and a record low of -19.70 percent in the third quarter of 2009. This page provides - Armenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

The Gross Domestic Product (GDP) in Armenia expanded 4 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Armenia is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia GDP Annual Growth Rate is projected to trend around 4.10 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-20 10:30 AM
GDP Growth Rate YoY
Q4 9.8% 6.2%
2026-05-21 09:45 AM
GDP Growth Rate YoY
Q1 4% 9.8% 4.1%
2026-08-20 08:45 AM
GDP Growth Rate YoY
Q2 4% 4.5%


Related Last Previous Unit Reference
GDP Growth Rate YoY 4.00 9.80 percent Mar 2026
GDP Constant Prices 2305822.50 3442589.00 AMD Million Mar 2026
GDP from Agriculture 72471.30 278433.00 AMD Million Mar 2026
GDP from Construction 90370.20 368812.50 AMD Million Mar 2026
GDP from Manufacturing 176904.40 396005.10 AMD Million Mar 2026
GDP from Mining 115013.70 91759.30 AMD Million Mar 2026
GDP from Public Administration 79704.40 124575.70 AMD Million Mar 2026
GDP from Services 53431.80 64724.70 AMD Million Mar 2026
GDP from Transport 90262.70 110441.50 AMD Million Mar 2026
GDP from Utilities 89849.20 84983.30 AMD Million Mar 2026
Gross Fixed Capital Formation 361828.60 987539.60 AMD Million Mar 2026


Armenia GDP Annual Growth Rate
Armenia is a landlocked country without energy resources. Construction, which receives large funding from foreign direct investment and remittances, is the most important sector of the economy. As a modernization attempt, Armenia has focused on development of small scale agriculture and small and medium enterprises to replace the old soviet agro-industrial model. Nonetheless, industry and agriculture remain outperformed by services. Recent tax reforms have failed to tackle Armenia’s shadow economy and corruption problems.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 9.80 19.10 -19.70 1998 - 2026 percent Quarterly