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Armenia GDP Growth
5.9%as of 2024
Armenia's gdp growth stands at 5.9% as of 2024. The indicator has increased from null% in 2014 to 5.9% in 2024. Source: World Bank WDI.
Historical trend (2014–2024)
GDP Growth — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 3.2% | — |
| 2016 | 0.2% | -3.0pp |
| 2017 | 7.5% | +7.3pp |
| 2018 | 5.2% | -2.3pp |
| 2019 | 7.6% | +2.4pp |
| 2020 | -7.2% | -14.8pp |
| 2021 | 5.8% | +13.0pp |
| 2022 | 12.6% | +6.8pp |
| 2023 | 8.3% | -4.3pp |
| 2024 | 5.9% | -2.4pp |
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.