Economic growth, percent change in quarterly real GDP in Armenia, Q1 2001 - Q3 2021:
The latest data from Q3 2021 show economic growth of 2.7 percent,
which is a decrease from the rate of growth of 13.3 percent in the previous quarter and
an increase compared to the growth rate of -8.7 percent in the same quarter last year.
The economic growth time series for Armenia cover the period from Q1 2001 to Q3 2021.
During that time span, the average growth rate for Armenia was
6 percent. The lowest rate of growth of -19.8 percent was recorded in Q3 2009 while the highest growth rate was 19.1 percent in Q2 2006.
See more information about that indicator and compare to other countries on our Economic growth page
Longer historical series
* indicates monthly or quarterly data series
Source: National Statistical Service of the Republic of Armenia
Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.