The economy of Armenia advanced 6.2% year-on-year in the third quarter of 2025, easing from an upwardly revised 6.4% expansion in the previous quarter. GDP Annual Growth Rate in Armenia averaged 6.86 percent from 1998 until 2025, 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. source: National Statistical Service of the Republic of Armenia

The Gross Domestic Product (GDP) in Armenia expanded 6.20 percent in the third quarter of 2025 over the same quarter of the previous year.

The Gross Domestic Product (GDP) in Armenia expanded 6.20 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Armenia is expected to be 4.10 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
2025-08-20 08:45 AM
GDP Growth Rate YoY
Q2 5.9% 5.2% 4.0%
2025-11-20 09:45 AM
GDP Growth Rate YoY
Q3 6.2% 6.4% 4.6%
2026-02-20 10:30 AM
GDP Growth Rate YoY
Q4 6.2%


Related Last Previous Unit Reference
GDP Growth Rate YoY 6.20 6.40 percent Sep 2025
GDP Constant Prices 3017467.80 2409412.30 AMD Million Sep 2025
GDP from Agriculture 337675.40 152231.50 AMD Million Sep 2025
GDP from Construction 263729.90 159843.20 AMD Million Sep 2025
GDP from Manufacturing 276438.00 230507.30 AMD Million Sep 2025
GDP from Mining 84770.10 80389.10 AMD Million Sep 2025
GDP from Public Administration 112003.90 104802.00 AMD Million Sep 2025
GDP from Services 71307.80 65442.70 AMD Million Sep 2025
GDP from Transport 98551.80 75381.80 AMD Million Sep 2025
GDP from Utilities 69309.60 58997.90 AMD Million Sep 2025
Gross Fixed Capital Formation 594423.50 512258.60 AMD Million Sep 2025


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
6.20 6.40 19.10 -19.70 1998 - 2025 percent Quarterly