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COUNTRY OUTLOOK / AM

Armenia

Unverified rate framework · ISO:AM

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalYerevan
RegionEurope & Central Asia
Income groupUpper middle income
CurrencyArmenian dram
GDP$29.24B2025 · current US$
Real GDP growth7.20%2025 · annual %
Population3.09M2025 · people
GDP per capita$9,474.022025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Armenia's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:AM
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

7.20% · 2025 · annual %

Real GDP growth · annual %-7.20%2.70%12.60%2014: 3.60000000058993 annual %2015: 3.19999999896625 annual %2016: 0.199999999825991 annual %2017: 7.50000000164144 annual %2018: 5.19999999965324 annual %2019: 7.59999999853918 annual %2020: -7.19999999920631 annual %2021: 5.80000000065645 annual %2022: 12.5999999997766 annual %2023: 8.29999999959539 annual %2024: 5.90000000046228 annual %2025: 7.2 annual %20142025
View annual observations
YearValue (annual %)
20257.200
20245.900
20238.300
202212.600
20215.800
2020-7.200
20197.600
20185.200
20177.500
20160.200
20153.200
20143.600
World Bank source & definition ↗

Economy

GDP$29.24B2025 · current US$Source & definition ↗
Real GDP growth7.20%2025 · annual %Source & definition ↗
GDP per capita$9,474.022025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 76.41B2025 · current international $Source & definition ↗

People

Population3.09M2025 · peopleSource & definition ↗
Population growth1.74%2025 · annual %Source & definition ↗
Urban population65.93%2025 · % of populationSource & definition ↗
Life expectancy78.322024 · yearsSource & definition ↗
Unemployment · ILO estimate12.87%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+59.39%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing7.93%2025 · % of GDPSource & definition ↗
Industry including construction23.07%2025 · % of GDPSource & definition ↗
Services61.34%2025 · % of GDPSource & definition ↗
Manufacturing10.99%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services48.10%2025 · % of GDPSource & definition ↗
Imports of goods & services53.61%2025 · % of GDPSource & definition ↗
Current account balance-7.22%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows2.07%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation3.31%2025 · annual %Source & definition ↗
Central government debt47.88%2024 · % of GDPSource & definition ↗
Tax revenue22.37%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector70.54%2025 · % of GDPSource & definition ↗
Total reserves including gold$5.09B2025 · current US$Source & definition ↗

Infrastructure

Internet use81.34%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area29,7402023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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