The economy of Armenia expanded by 6.7% year-on-year in the second quarter of 2026, following an upwardly revised 5.2% growth in the previous quarter. On a quarterly basis, GDP advanced by 19.2% in Q2, reversing a 37.0% contraction in Q1 2026. source: National Statistical Service of the Republic of Armenia

The Gross Domestic Product (GDP) in Armenia expanded 6.70 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Armenia averaged 6.87 percent from 1998 until 2026, reaching an all time high of 19.10 percent in the second quarter of 2006 and a record low of -19.70 percent in the third quarter of 2009. This page provides - Armenia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Armenia expanded 6.70 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Armenia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia GDP Annual Growth Rate is projected to trend around 4.10 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-21 09:45 AM
GDP Growth Rate YoY
Q1 4% 9.8% 4.1%
2026-08-20 08:45 AM
GDP Growth Rate YoY
Q2 6.7% 5.2% 4.5%
2026-11-20 09:45 AM
GDP Growth Rate YoY
Q3 6.7% 5%


Related Last Previous Unit Reference
GDP Growth Rate YoY 6.70 5.20 percent Jun 2026
GDP Constant Prices 2834894.20 2331820.50 AMD Million Jun 2026
GDP from Agriculture 187270.00 72471.30 AMD Million Jun 2026
GDP from Construction 153509.10 90370.20 AMD Million Jun 2026
GDP from Manufacturing 230550.00 176904.40 AMD Million Jun 2026
GDP from Mining 139601.70 115013.70 AMD Million Jun 2026
GDP from Public Administration 94851.80 79704.40 AMD Million Jun 2026
GDP from Services 69663.50 53431.80 AMD Million Jun 2026
GDP from Transport 112303.90 90262.70 AMD Million Jun 2026
GDP from Utilities 62179.80 89849.20 AMD Million Jun 2026
Gross Fixed Capital Formation 578483.90 348780.60 AMD Million Jun 2026


Armenia GDP Annual Growth Rate
Armenia is a landlocked country without energy resources. Construction, which receives large funding from foreign direct investment and remittances, is the most important sector of the economy. As a modernization attempt, Armenia has focused on development of small scale agriculture and small and medium enterprises to replace the old soviet agro-industrial model. Nonetheless, industry and agriculture remain outperformed by services. Recent tax reforms have failed to tackle Armenia’s shadow economy and corruption problems.
Actual Previous Highest Lowest Dates Unit Frequency
6.70 5.20 19.10 -19.70 1998 - 2026 percent Quarterly