Armenia's GDP Reaches Approximately 1.8 Trillion AMD in First Quarter

Armenia's Gross Domestic Product (GDP) in the first quarter of 2023 was approximately 1 trillion 788 billion 233.7 million AMD, according to information provided by the press service of the Armenian Government's Staff.

“In the same period last year, it was 1 trillion 484 billion 336.9 million AMD. Compared to the first quarter of the previous year, the GDP in Armenia increased by 12.1% in the first quarter of 2023,” the statement said.

In the first quarter of 2023, the GDP per capita in Armenia was 600,240 AMD, while in the same period of the previous year, it was 501,211 AMD.