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The economy of Armenia grew by 12.6% in 2022, according to the country's Statistical Committee and the International Monetary Fund. [3] Total output amounted to 8.5 trillion Armenian drams, [21] or $19.5 billion. [3] [22] At the same time, Armenia's foreign trade turnover significantly accelerated in growth from 17.7% in 2021 to 68.6% in 2022. [23]
22 paź 2024 · Following Russia's invasion of Ukraine in 2022, the Armenian economy benefited from significant inflows of funds, migrants, and re-routed exports. This led to an impressive 10.5% average annual growth rate in 2022–2023.
For a fuller explanation of the DSBB and the statistical standards to which the Republic of Armenia has committed, please click on DSBB Home Page. Unless otherwise indicated, the data are not seasonally adjusted.
Armenia experienced GDP growth of 11 percent during the first half of 2022 compared to the same period in 2021. This strong growth performance was mostly driven by growth in services, particularly tourism, finance, and IT.
21 godz. temu · Draft of Statistical Program for 2025 (Armenian) 14.06.2024 Preliminary data of Gross Domestic Product (GDP) for the first, second and third quarters of 2024
Want to get insight on the economic outlook for Armenia in the coming years? FocusEconomics collects projections out to 2034 on 45 economic indicators for Armenia from a panel of 12 analysts at the leading national, regional and global forecast institutions.
Armenia’s growth was remarkable in 2022, driven by robust demand, and an influx of income, capital, business, and labor. Inflation has been falling.
