Armenia 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$11.53 billion
↑ 9.31% vs 2016GDP per Capita
$3,869.05
↑ 9.78% vs 2016GDP Growth (Annual %)
7.50%
↑ 7.30pp vs 2016Inflation Rate (CPI %)
0.97%
↑ 2.37pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $10.55 billion | $11.53 billion | +9.31% |
| GDP per Capita | $3,524.42 | $3,869.05 | +9.78% |
| GDP Growth (Annual %) | 0.20% | 7.50% | +7.30pp |
| Inflation (CPI %) | -1.40% | 0.97% | +2.37pp |
| Unemployment Rate (%) | 17.62% | 17.70% | +0.09pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $11.53 billion
- GDP per Capita
- $3,869.05
- GDP Growth (Annual %)
- 7.50%
- Gross National Income
- $11.93 billion
Prices & Employment
- Inflation (CPI %)
- 0.97%
- Inflation (GDP Deflator %)
- 2.15%
- Unemployment Rate (%)
- 17.70%
- Interest Rate (Real %)
- 12.00%
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)
- -1.26%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Armenia's Gross Domestic Product (GDP) is $11.53 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Armenia for 2017 is $3,869.05. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Armenia for 2017 is 0.97%. This measures the annual percentage change in the cost of consumer goods and services.
Armenia's annual GDP growth rate for 2017 is 7.50%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Armenia for 2017 is 17.70%. This represents the percentage of the labor force that is unemployed and actively seeking employment.