Armenia: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is -0.73 percent as of Q4 2024, a decline compared to the previous value of 2.85 percent. Historically, the average for Armenia from Q2 2013 to Q4 2024 is 1.16 percent. The minimum of -10.26 percent was recorded in Q2 2020, while the maximum of 6.64 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Statistical Service of the Republic of Armenia
| Recent values | Armenia: Economic growth, quarterly |
|---|---|
| 2024 Q4 | -0.73 |
| 2024 Q3 | 2.85 |
| 2024 Q2 | 1.82 |
| 2024 Q1 | 0.6 |
| 2023 Q4 | 1.37 |
| 2023 Q3 | 2.02 |
| 2023 Q2 | 2.4 |
| 2023 Q1 | -0.43 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 8.30 | 2023 | percent |
| GDP, constant dollars | 15.5 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 24.09 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 8,053.01 | 2023 | U.S. dollars |
| GDP per capita, PPP | 19,230 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 5,566.32 | 2023 | U.S. dollars |
| Economic growth, quarterly | 3.70 | Q4/2024 | percent |
| Economic growth Q-on-Q | -0.73 | Q4/2024 | percent |
| Gross Domestic Product (GDP) | 3,110.91 | Q4/2024 | billion |