Armenia GDP Annual Growth Rate - Forecast

GDP Annual Growth Rate in Armenia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Armenia to stand at 5.10 in 12 months time. In the long-term, the Armenia GDP Annual Growth Rate is projected to trend around 4.30 percent in 2020, according to our econometric models.


Forecast Data Chart
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Armenia GDP Last Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 7.2 4 3.8 3.3 5.1 4.3
GDP 11.54 13 13.3 13.3 13.3 13.8
GDP Constant Prices 1358429 1865594 1154432 1403257 1427709 2035322
Gross Fixed Capital Formation 189466 453948 133289 195718 199128 495247
GDP per capita 4219 4388 4572 4572 4572 4584
GDP per capita PPP 8788 9100 9400 9400 9400 9700
GDP From Agriculture 125690 293817 55712 129837 132100 320548
GDP From Construction 94492 172503 44929 97610 99311 188197
GDP From Manufacturing 144814 161858 133772 149593 152199 176583
GDP From Mining 37311 48763 41676 38542 39214 53199
GDP From Public Administration 56806 95417 48597 58680 59703 104098
GDP From Services 24492 24897 16115 25301 25742 27162
GDP From Transport 45142 44407 40818 46632 47445 48448
GDP From Utilities 6215 6116 5967 6420 6532 6673