GDP in Armenia

Armenia GDP | Economic News & Forecasts

Armenia - GDP

A massive political shake-up has taken place after weeks of mass demonstrations against corruption and cronyism forced former leader Serzh Sargsyan to resign. On 21 May, a new government was sworn in led by opposition and protest leader Nikol Pashinyan as prime minister and with former deputy finance minister Atom Janjughazyan as minister of finance. The new government has stated that its primary task will be to fast track elections, and it is unlikely that large policy changes could be implemented before a new vote given that the ousted Republican party holds the majority of seats. Economic activity has been buoyant, with the economy increasing a strong 9.6% annually in the first quarter of the year, supported by booming growth in the mining sector.

Armenia - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)3.3  3.6  3.2  0.2  7.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Armenia GDP Chart

Armenia GDP
Note: Annual variation of gross domestic product (GDP) in %.

Armenia Facts

Stock Market0.90.0 %May 28
Stock Market0.90.0 %May 28

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form