Armenia: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 3110.91 billion Armenian Dram as of Q4 2024, an increase compared to the previous value of 2762.12 billion Armenian Dram. Historically, the average for Armenia from Q1 2000 to Q4 2024 is 1120.5 billion Armenian Dram. The minimum of 168.63 billion Armenian Dram was recorded in Q1 2000, while the maximum of 3110.91 billion Armenian Dram was reached in Q4 2024.
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* indicates monthly or quarterly data series
- Measure: billion Armenian Dram
- Source: National Statistical Service of the Republic of Armenia
| Recent values | Armenia: GDP, billion currency units |
|---|---|
| 2024 Q4 | 3110.91 |
| 2024 Q3 | 2762.12 |
| 2024 Q2 | 2307.71 |
| 2024 Q1 | 1946.42 |
| 2023 Q4 | 2949.23 |
| 2023 Q3 | 2575.33 |
| 2023 Q2 | 2138.73 |
| 2023 Q1 | 1789.89 |
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Definition: The Gross Domestic Product (GDP) is the sum of the 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. The data are in billion local currency units using current prices.
| 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 |