Armenia’s GDP grew by 5.2% in the third quarter of 2024 compared to the same period in 2023, reports Armenpress.
The country’s GDP in Q3 2024 totaled 2.739 trillion drams ($6.85 billion) at current prices. This marks an increase from 2.575 trillion drams ($6.44 billion) recorded in Q3 2023.
GDP per capita for Q3 2024 also increased to 894,328 drams ($2,235), compared to 872,832 drams ($2,182) in Q3 2023. These figures represent the average economic output per person for the three-month period.
These numbers showcase Armenia’s economic performance during the third quarter of the year, highlighting steady growth and increased productivity compared to the same time last year.
