Gross Domestic Product of Armenia grew 7.5% in 2017 compared to last year. This rate is 72 -tenths of one percent higher than the figure of 0.3% published in 2016.
The GDP figure in 2017 was €10,622$12,000 million, Armenia is number 131 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Armenia rose €1,071$1,428 million with respect to 2016.
The GDP per capita of Armenia in 2017 was €3,573$4,037, €375$497 higher than in 2016, it was €3,198$3,540. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2007 when the GDP per capita in Armenia was €2,080$3,079.
If we order the countries according to their GDP per capita, Armenia is in 115th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.