Armenia 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$19.51 billion
↑ 40.60% vs 2021GDP per Capita
$6,571.97
↑ 40.27% vs 2021GDP Growth (Annual %)
12.60%
↑ 6.80pp vs 2021Inflation Rate (CPI %)
8.64%
↑ 1.46pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $13.88 billion | $19.51 billion | +40.60% |
| GDP per Capita | $4,685.18 | $6,571.97 | +40.27% |
| GDP Growth (Annual %) | 5.80% | 12.60% | +6.80pp |
| Inflation (CPI %) | 7.18% | 8.64% | +1.46pp |
| Unemployment Rate (%) | 15.47% | 13.38% | -2.09pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $19.51 billion
- GDP per Capita
- $6,571.97
- GDP Growth (Annual %)
- 12.60%
- Gross National Income
- $18.99 billion
Prices & Employment
- Inflation (CPI %)
- 8.64%
- Inflation (GDP Deflator %)
- 7.99%
- Unemployment Rate (%)
- 13.38%
- Interest Rate (Real %)
- 3.46%
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)
- 0.33%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Armenia's Gross Domestic Product (GDP) is $19.51 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Armenia for 2022 is $6,571.97. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Armenia for 2022 is 8.64%. This measures the annual percentage change in the cost of consumer goods and services.
Armenia's annual GDP growth rate for 2022 is 12.60%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Armenia for 2022 is 13.38%. This represents the percentage of the labor force that is unemployed and actively seeking employment.