Armenia GDP Annual Growth Rate - Forecast

GDP Annual Growth Rate in Armenia is expected to be 3.60 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 3.40 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.


Armenia GDP Annual Growth Rate
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Armenia GDP Last Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 3.5 3.6 3.4 3.35 3.4 4.3
GDP 10.55 10.17 10.25 10.32 13 13.8
GDP Constant Prices 1583509 1011761 1186328 1572423 1485904 1467214
Gross Fixed Capital Formation 269966 109486 178827 271996 362122 351364
GDP per capita 3925 3915 3902 3890 3878 3501
GDP per capita PPP 8174 8153 8128 8102 8077 7291
GDP From Agriculture 334186 210698 210698 210698 210698 210698
GDP From Construction 123606 42870 89437 123593 156155 159015
GDP From Manufacturing 136414 110940 121468 132566 129508 123472
GDP From Mining 42298 32143 29429 31831 32624 31638
GDP From Public Administration 60753 60224 61957 60322 62460 59162
GDP From Services 27177 12550 18647 25571 20014 19507
GDP From Transport 41094 29008 31530 35835 34505 33459
GDP From Utilities 5884 5032 5477 5411 5071 4995