Armenia GDP Purchasing Power Parity

Armenia GDP Purchasing Power Parity

Armenia’s GDP (PPP) is projected at $54.1 billion in 2025. Mining, agriculture, and remittances form the economic core, with technology and tourism gaining traction. The PPP adjustment accounts for a low cost of living, boosting GDP relative to nominal figures. Geopolitical tensions with Azerbaijan and reliance on Russian trade pose risks, while infrastructure development and diaspora investments support growth. Unemployment and poverty remain challenges, but Armenia’s focus on IT and renewable energy aims to diversify its economy and enhance long-term stability.