Armenia 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$13.88 billion
↑ 9.79% vs 2020GDP per Capita
$4,685.18
↑ 9.76% vs 2020GDP Growth (Annual %)
5.80%
↑ 13.00pp vs 2020Inflation Rate (CPI %)
7.18%
↑ 5.97pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $12.64 billion | $13.88 billion | +9.79% |
| GDP per Capita | $4,268.68 | $4,685.18 | +9.76% |
| GDP Growth (Annual %) | -7.20% | 5.80% | +13.00pp |
| Inflation (CPI %) | 1.21% | 7.18% | +5.97pp |
| Unemployment Rate (%) | 18.18% | 15.47% | -2.71pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $13.88 billion
- GDP per Capita
- $4,685.18
- GDP Growth (Annual %)
- 5.80%
- Gross National Income
- $13.48 billion
Prices & Employment
- Inflation (CPI %)
- 7.18%
- Inflation (GDP Deflator %)
- 6.90%
- Unemployment Rate (%)
- 15.47%
- Interest Rate (Real %)
- 4.55%
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)
- -3.48%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Armenia's Gross Domestic Product (GDP) is $13.88 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Armenia for 2021 is $4,685.18. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Armenia for 2021 is 7.18%. This measures the annual percentage change in the cost of consumer goods and services.
Armenia's annual GDP growth rate for 2021 is 5.80%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Armenia for 2021 is 15.47%. This represents the percentage of the labor force that is unemployed and actively seeking employment.