Armenia 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$10.55 billion
↓ 0.07% vs 2015GDP per Capita
$3,524.42
↑ 0.34% vs 2015GDP Growth (Annual %)
0.20%
↓ 3.00pp vs 2015Inflation Rate (CPI %)
-1.40%
↓ 5.14pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $10.55 billion | $10.55 billion | -0.07% |
| GDP per Capita | $3,512.39 | $3,524.42 | +0.34% |
| GDP Growth (Annual %) | 3.20% | 0.20% | -3.00pp |
| Inflation (CPI %) | 3.73% | -1.40% | -5.14pp |
| Unemployment Rate (%) | 18.26% | 17.62% | -0.64pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $10.55 billion
- GDP per Capita
- $3,524.42
- GDP Growth (Annual %)
- 0.20%
- Gross National Income
- $10.79 billion
Prices & Employment
- Inflation (CPI %)
- -1.40%
- Inflation (GDP Deflator %)
- 0.27%
- Unemployment Rate (%)
- 17.62%
- Interest Rate (Real %)
- 17.04%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.96%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Armenia's Gross Domestic Product (GDP) is $10.55 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Armenia for 2016 is $3,524.42. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Armenia for 2016 is -1.40%. This measures the annual percentage change in the cost of consumer goods and services.
Armenia's annual GDP growth rate for 2016 is 0.20%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Armenia for 2016 is 17.62%. This represents the percentage of the labor force that is unemployed and actively seeking employment.