Armenia: Economic growth, quarterly

* indicates monthly or quarterly data series
 Armenia

Economic growth, percent change in quarterly real GDP

 Latest value 14.8
 Reference Q3 2022
 Measure percent
 Source National Statistical Service of the Republic of Armenia

The latest data from Q3 2022 show economic growth of 14.8 percent, which is an increase from the rate of growth of 13 percent in the previous quarter and an increase compared to the growth rate of 2.3 percent in the same quarter last year. The economic growth time series for Armenia cover the period from Q1 2001 to Q3 2022. During that time span, the average growth rate for Armenia was 6.26 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.
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* indicates monthly or quarterly data series


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Economic outlook around the world

Longer historical series
Measure: percent
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.
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