Economy of Armenia
id:
economy-of-armenia-187-4369715
title:
Economy of Armenia
text:
The economy of Armenia grew by 12.6% in 2022, according to the country's Statistical Committee and the International Monetary Fund. Total output amounted to 8.5 trillion Armenian drams, or $19.5 billion. At the same time, Armenia's foreign trade turnover significantly accelerated in growth from 17.7% in 2021 to 68.6% in 2022.
GDP contracted sharply in 2020 by 7.2%, mainly due to the COVID-19 recession and the war against Azerbaijan. In contrast it grew by 7.6 per cent in 2019, the largest record
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Economy_of_Armenia
date created:
2002-02-25T15:43:11Z
date modified:
2024-09-08T13:44:15Z
main entity:
{"identifier":"Q8077","url":"https://www.wikidata.org/entity/Q8077"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/2/29/Elite_Plaza_Business_Center_at_Night.jpg","width":4530,"height":3104}
fields total:
13
integrity:
15