Agriculture

Agriculture

Current estimates indicate that agriculture accounts for 55 percent of employment and 40 percent of GDP


Before the collapse of the Soviet Union, agriculture in Armenia accounted for less than 20 percent of the overall economy in the country, both in product and employment. But directly following Armenia’s independence in 1991, focus on agriculture increased significantly.

During this “transitional” phase of Armenia’s history, agriculture accounted for more than 30 percent of the overall GDP and over 40 percent of total employment in the country for much of the 90s. This was a direct reaction of non-agricultural sectors in the industry collapsing and a greater need for food security in the region.

However, as Armenia’s economy has begun to stabilize as of late and grow at a gradual pace, the country’s agricultural market has lessened in its overall production, now accounting for around 20 percent of the country’s GDP. Still, agriculture remains a big part of employment in the country.

Though just 17 percent of Armenia’s land area is arable, residents often turn to agriculture for money. Among the products maintained are fruits (especially grapes), vegetables, flowers, and minor livestock; vineyards near Yerevan, which are famous for brandy and other liqueurs, are also used.

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