The Gross Domestic Product (GDP) in Armenia was worth 12.65 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Armenia represents 0.01 percent of the world economy. source: World Bank
GDP in Armenia averaged 6.27 USD Billion from 1990 until 2020, reaching an all time high of 13.67 USD Billion in 2019 and a record low of 1.20 USD Billion in 1993. This page provides - Armenia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia GDP - values, historical data and charts - was last updated on July of 2022.
GDP in Armenia is expected to reach 14.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia GDP is projected to trend around 14.80 USD Billion in 2023 and 15.90 USD Billion in 2024, according to our econometric models.