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2024 According to the results, the GDP of Armenia increased by 5.9% compared to the previous year. Pashinyan


RA Prime Minister Nikol Pashinyan writes:

"According to the results of 2024, the gross domestic product of the Republic of Armenia (GDP) increased by 5.9% in a real term compared to the previous year.

In 2021-2026, the average annual economic growth target was preserved in 2021-2026 as a result of the 2021-2026 of the Government of 2021.

As a result of 2023, 8.3% were registered in Armenia, in 2022 - 12.6%, in 2021 - 5.8% economic growth. According to the average annual results of 2024, the number of employees in Armenia amounted to 760,555 people.

This figure is more than 203,878 or 36.6% compared to the same period in 2018, and compared to the same period of 2023 or by 37,882 or 5.2%.

In 2024, the average annual nominal salary was 287,172 AMD, increasing by 114,445 AMD or 66.3% compared to 2023 or 6.4%. As a result of 2024, inflation was 1.5%, and the accumulative inflation of 2018-2024 was 25.3%.

Thus, the real growth of the salaries of 2018-2024 was about 40%.

Thus, Armenia continues to be on the orbit of stable economic development.

The accumulative growth of GDP in 2018-2024 was 43.5%, that is, in 2024, the Armenian economy is 43.5% higher than in early 2018. "

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