Armenia - Inflation, consumer prices (annual %)

Inflation, consumer prices (annual %) in Armenia was at --1.273 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 armenia inflation consumer prices annual percent wb data




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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.


Armenia | Economy & Growth

GDP (current US$)
10529182498 USD
GDP (current LCU)
5032089000000 LCU
GDP (constant 2005 US$)
11456794382 USD
GDP (constant LCU)
2131278518845 LCU
GNI (current US$)
10964557495 USD
GNI (current LCU)
5240162678308 LCU
GNI (constant 2005 US$)
11884967075 USD
GNI (constant LCU)
2210621277487 LCU
Gross savings (current LCU)
912583750580 LCU