An error occured. Details Hide
You have unsaved pages. Restore Cancel

Armenia - Gross domestic product in current prices

12.53 (billion US dollars) in 2018

In 2018, GDP for Armenia was 12.53 billion US dollars. GDP of Armenia increased from 1.85 billion US dollars in 1999 to 12.53 billion US dollars in 2018 growing at an average annual rate of 11.78 %.

The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›

What is GDP?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.

What is Armenia GDP?

Date Value Change, %
2018 12.53 8.63 %
2017 11.54 9.40 %
2016 10.55 -0.07 %
2015 10.55 -9.10 %
2014 11.61 4.40 %
2013 11.12 4.73 %
2012 10.62 4.70 %
2011 10.14 9.52 %
2010 9.26 7.08 %
2009 8.65 -25.84 %
2008 11.66 26.68 %
2007 9.21