Armenia 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$13.62 billion
↑ 9.32% vs 2018GDP per Capita
$4,597.23
↑ 9.56% vs 2018GDP Growth (Annual %)
7.60%
↑ 2.40pp vs 2018Inflation Rate (CPI %)
1.44%
↓ 1.08pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $12.46 billion | $13.62 billion | +9.32% |
| GDP per Capita | $4,196.01 | $4,597.23 | +9.56% |
| GDP Growth (Annual %) | 5.20% | 7.60% | +2.40pp |
| Inflation (CPI %) | 2.52% | 1.44% | -1.08pp |
| Unemployment Rate (%) | 18.97% | 18.30% | -0.66pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $13.62 billion
- GDP per Capita
- $4,597.23
- GDP Growth (Annual %)
- 7.60%
- Gross National Income
- $13.81 billion
Prices & Employment
- Inflation (CPI %)
- 1.44%
- Inflation (GDP Deflator %)
- 1.07%
- Unemployment Rate (%)
- 18.30%
- Interest Rate (Real %)
- 10.96%
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)
- -7.06%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Armenia's Gross Domestic Product (GDP) is $13.62 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Armenia for 2019 is $4,597.23. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Armenia for 2019 is 1.44%. This measures the annual percentage change in the cost of consumer goods and services.
Armenia's annual GDP growth rate for 2019 is 7.60%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Armenia for 2019 is 18.30%. This represents the percentage of the labor force that is unemployed and actively seeking employment.