Armenia 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$12.46 billion
↑ 8.07% vs 2017GDP per Capita
$4,196.01
↑ 8.45% vs 2017GDP Growth (Annual %)
5.20%
↓ 2.30pp vs 2017Inflation Rate (CPI %)
2.52%
↑ 1.55pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $11.53 billion | $12.46 billion | +8.07% |
| GDP per Capita | $3,869.05 | $4,196.01 | +8.45% |
| GDP Growth (Annual %) | 7.50% | 5.20% | -2.30pp |
| Inflation (CPI %) | 0.97% | 2.52% | +1.55pp |
| Unemployment Rate (%) | 17.70% | 18.97% | +1.26pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $12.46 billion
- GDP per Capita
- $4,196.01
- GDP Growth (Annual %)
- 5.20%
- Gross National Income
- $12.66 billion
Prices & Employment
- Inflation (CPI %)
- 2.52%
- Inflation (GDP Deflator %)
- 2.79%
- Unemployment Rate (%)
- 18.97%
- Interest Rate (Real %)
- 9.73%
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)
- -7.23%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Armenia's Gross Domestic Product (GDP) is $12.46 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Armenia for 2018 is $4,196.01. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Armenia for 2018 is 2.52%. This measures the annual percentage change in the cost of consumer goods and services.
Armenia's annual GDP growth rate for 2018 is 5.20%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Armenia for 2018 is 18.97%. This represents the percentage of the labor force that is unemployed and actively seeking employment.