Armenian service sector generated revenue of $1.2 billion in first two months Monday, April 8 2024 16:56:00
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 ArmInfo.Service sector of Armenia provided revenue in the amount of 473.1 billion drams in Jan-Feb 2024 ($1.2 billion), slowing down in y-o-y growth from 23.5% to 5.2%. This is evidenced by data from the RA Statistical Committee, according to which in February alone, the service sector showed a decline of 0.3% - to 236.2 billion drams ($584.2 million). |
Thursday, May 12 2022 14:47
ArmInfo. As a result of the prevalence of mortality over birth rate in Q1 2022, a natural population decline of 609 people was recorded in Armenia, while in the same period of 2021 and 2020, a natural population increase of 351 people and 106 people was recorded, respectively. >>> |
Thursday, May 12 2022 13:20
ArmInfo. By April 1, 2022, the population of Armenia amounted to 2.961.6 million people, having decreased by 0.1% or 2.3 thousand people on a y-o-y terms. According to the data of the RA Statistical Committee, as of the reporting date, the urban population was 1.891.4 million people or 63.8% of the total number of citizens of Armenia, which is 0.2% lower than the indicator of a year ago. 1.070.2 million people lived in villages (36.2%) with a y-o-y growth of 0.2%. >>> |
Tuesday, May 10 2022 12:54
ArmInfo.Armenia's specific debt burden per capita continues to grow, reaching $3.2 thousand by April 1, 2022 from $2.9 thousand a year earlier. Moreover, the per capita debt burden from external debt has not changed much, having only slightly decreased from $2.3 thousand to $2.2 thousand, and from domestic debt it has increased from $653 to $916. >>> |
Tuesday, May 10 2022 12:29
ArmInfo.This January-March, Russia remained leader in Armenia's foreign trade turnover, its share being $634.2mln - a 40.6% growth against an 8.1% decline last January- March. Russia also remained leader in Armenia's exports and imports, with respective shares of $186.2 and $448.02. Exports showed a 23.3% growth against 2% growth, with imports showing a 49.4% growth against the 12.4% decline last January-March. >>> |
Thursday, May 5 2022 19:03
ArmInfo. Electricity generation amounted to 2,465.3 million kWh in Armenia in Q1 2022, with an acceleration of y-o-y growth from 1.4% to 16.7%. At the same time, in March alone a decline of 1% was recorded - to 786.4 million kWh. This is evidenced by the data of the RA Statistical Committee. >>> |
Thursday, May 5 2022 19:03
ArmInfo.In Armenia, economic activity in Q1 2022 increased by 9.6% compared to the same period in 2021 (against a 2% decline in Q1 2020), exceeding even the pre-Covid 6.5% growth in Q1 2019. According to the final data of the RA Statistical Committee, the agricultural sector lingered in the decline, while other sectors showed growth, and the service sector and the energy complex were the main drivers of economic growth. >>> |
Thursday, May 5 2022 19:02
ArmInfo. The metallurgy industry of Armenia reduced production by 17% in Q1 2022 instead of growing by 4.1% a year earlier. This is evidenced by the data of the RA Statistical Committee. >>> |
Thursday, May 5 2022 18:51
ArmInfo.In Q1 2022 8.299.1 thousand tons of aluminum foil were produced in Armenia, which is 4.1% lower than the indicator of a year ago (against a 2.6% decrease a year earlier). >>> |
Thursday, May 5 2022 16:57
ArmInfo.The industrial sector of Armenia increased its production volumes by 3.1% per annum in Q1 2022 (against 3.9% decline a year earlier), amounting to 550.7 billion drams ($1.1 billion). At the same time, in March alone, the volume of production decreased by 1.3% - to 187.5 billion drams ($377.4 million). This is evidenced by the data of the RA Statistical Committee. >>> |
Friday, April 8 2022 17:37
ArmInfo. Armenian trade sector in January-February 2022 increased revenue by 8.2% per annum (against an 11.3% decline in the same period in 2021), providing a volume of 489.5 billion drams (over $1 billion). According to the RA Statistical Committee, in February 2022 alone, the trade turnover in Armenia increased by 11.9% - up to 258.6 billion drams ($538.6 million). >>> |
Thursday, April 7 2022 18:51
ArmInfo.The share of Russia in the foreign trade turnover of Armenia in January-February 2022 compared to January-February 2021, increased from 31.6% to 33.5%, while the EU's share decreased from 20.3% to 18.3%. Moreover, Russia continues to hold the lead not only in terms of the total volume of foreign trade, but also in terms of exports and imports, having increased its share in exports from 28.7% to 29.4% and in imports from 33.4% to 35.7%. >>> |
Wednesday, April 6 2022 19:43
ArmInfo.The volume of total foreign investment (all types and forms of investment - ed. note) in the real sector of the Armenian economy in 2021 increased by 54% (against a 39% decline in 2020), reaching $ 2.8 billion. The share of FDI in total foreign investment in 2021 accounted for 29% (against 26% in 2020) or $798 million, which is 71% higher than in 2020 (against a 21% decline in 2020). This is evidenced by the data of the RA Statistical Committee. >>> |
Wednesday, April 6 2022 15:57
ArmInfo.In the consumer market of Armenia in Q1 2022, 3.5% inflation was recorded against last year's 3.8%. Inflation in Q1 2022 was mainly driven by a 5.8% increase in food prices and a 2.3% increase in service tariffs, while non-food prices rose by 1.3%. >>> |
Wednesday, April 6 2022 15:55
ArmInfo.Electricity generation in Armenia in January-February 2022 amounted to 1,678.9 million kWh, which is 21.9% higher than a year ago (against a decline of 5.8% a year earlier). However, in February alone, a decline of 10.3% was recorded - to 793.7 million kWh. This is evidenced by the data of the RA Statistical Committee. >>> |
Wednesday, April 6 2022 15:54
ArmInfo. In Armenia, the production of aluminum foil in January- February 2022 compared to the same period in 2021 decreased by 7.9% (against a 0.5% decline a year earlier), amounting to 5.389 thousand tons. This is evidenced by the data of the RA Statistical Committee. >>> |
Wednesday, April 6 2022 15:53
ArmInfo.Metallurgical industry of Armenia increased production volumes by 6.2% per annum in January-February 2022 (against a 1.4% decline over the same period in 2021). >>> |
Tuesday, April 5 2022 22:28
ArmInfo.The industrial sector of Armenia in January-February 2022 increased production by 9.7% per annum (against a 7.9% decline in the same period in 2021), reaching 356.3 billion drams ($759.2 million). >>> |
Wednesday, March 9 2022 18:41
ArmInfo. In January 2022, Armenia`s services sector recorded a 21.2% year-on-year growth against a 10.3% decline in the previous period - up to AMD 156.7bln (over $325mln). >>> |
Wednesday, March 9 2022 15:46
ArmInfo.In January 2022, the turnover of Armenia's trade sector totaled AMD 230.8bln ($479mln) - an 11.5% increase against a 15.1% decrease last January. >>> |
Wednesday, March 9 2022 13:24
ArmInfo. This January, the proceeds of Armenia`s communication sector totaled AMD 11.9bln - a year-on-year increase of 8.6% (against a 5.6% decline last January). >>> |
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