Contact Contacts
Real GDP growth (IMF) — all countries

Real GDP growth (IMF) — Armenia

Real GDP growth (IMF) in Armenia in 2031 — 5%. Ranked 27 in the world out of 189. Since 1993, the indicator has risen by 19.1 pp.

2031 5% +0 pp vs 2030
World rank 27of 189
Period maximum 14.8%2002
Period minimum -14.1%1993

Trend over time

1993–2031 · % per year

Real GDP growth (IMF) — Armenia, 1993–2031-20-1001020199319972001200520092013201720212025202920311993: -14.1%1994: 5.4%1995: 8.2%1996: 5.9%1997: 3.2%1998: 7.3%1999: 3.4%2000: 5.6%2001: 9.6%2002: 14.8%2003: 14%2004: 10.4%2005: 13.8%2006: 13.2%2007: 13.7%2008: 6.9%2009: -14.1%2010: 2.2%2011: 4.7%2012: 7.1%2013: 3.4%2014: 3.6%2015: 3.3%2016: 0.2%2017: 7.5%2018: 5.2%2019: 7.6%2020: -7.1%2021: 5.8%2022: 12.6%2023: 8.3%2024: 5.9%2025: 7.2%2026: 5.3%2027: 5.5%2028: 5%2029: 5%2030: 5%2031: 5%
Change over the period: +19.1 pp Annual average: 0.5 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 5%
World computed 2.48%
Europe & Central Asia computed 1.53%
Western Asia computed 3.73%
Upper-middle-income countries computed 3.25%
Real GDP growth (IMF) — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2031 5 +0 pp
2030 5 +0 pp
2029 5 +0 pp
2028 5 −0.5 pp
2027 5.5 +0.2 pp
2026 5.3 −1.9 pp
2025 7.2 +1.3 pp
2024 5.9 −2.4 pp
2023 8.3 −4.3 pp
2022 12.6 +6.8 pp
2021 5.8 +12.9 pp
2020 -7.1 −14.7 pp
2019 7.6 +2.4 pp
2018 5.2 −2.3 pp
2017 7.5 +7.3 pp
2016 0.2 −3.1 pp
2015 3.3 −0.3 pp
2014 3.6 +0.2 pp
2013 3.4 −3.7 pp
2012 7.1 +2.4 pp
2011 4.7 +2.5 pp
2010 2.2 +16.3 pp
2009 -14.1 −21 pp
2008 6.9 −6.8 pp
2007 13.7 +0.5 pp
2006 13.2 −0.6 pp
2005 13.8 +3.4 pp
2004 10.4 −3.6 pp
2003 14 −0.8 pp
2002 14.8 +5.2 pp
2001 9.6 +4 pp
2000 5.6 +2.2 pp
1999 3.4 −3.9 pp
1998 7.3 +4.1 pp
1997 3.2 −2.7 pp
1996 5.9 −2.3 pp
1995 8.2 +2.8 pp
1994 5.4 +19.5 pp
1993 -14.1 —

Western Asia, 2031

The same indicator for neighboring countries — with links to their pages

AM Armenia 5 GE Georgia 5 QA Qatar 5 TR Türkiye 4 AE United Arab Emirates 4 SA Saudi Arabia 3.6 IQ Iraq 3.5 IL Israel 3.4 BH Bahrain 3.3 CY Cyprus 3 JO Jordan 3 OM Oman 2.7 AZ Azerbaijan 2.5 YE Yemen 2.5 KW Kuwait 2.4
Full table for all countries

About the indicator

The annual growth rate of GDP in constant prices from the IMF World Economic Outlook database. It is the main reference point for judging the prospects of economies: these are the figures quoted as the IMF growth forecast. Values for past years are actuals from the national accounts; those for the current and future years are estimates and projections.

Important: The projection years are revised twice a year, and the divergence from the eventual actuals can be substantial for commodity economies.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Armenia

Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Armenia by year Economy GDP (IMF)

GDP in current dollars as estimated by the IMF — with a forecast several years ahead.

Armenia by year Economy Inflation, average consumer prices (IMF)

The average annual rise in consumer prices as estimated and projected by the IMF.

Armenia by year Labor Unemployment rate (IMF)

Unemployment as estimated by the IMF — with a forecast, for countries with reliable labor market statistics.

Armenia by year
All indicators for Armenia