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Armenian economy expand 7.7% in 2011 January

YEREVAN, February 21, /ARKA/. Armenia’s economy expanded by 7.7% in January this year as opposed to 2009 January, according to preliminary data, released today by the country’s National Statistical Service.

The 2011 January Gross Domestic Product (GDP) was equal to 50.5% of the 2010 December GDP. In 2010 January the economic growth was 2.4%. The

inflation in 2011 January rose to 10.6% from 2010 January. The government projects that Armenia’s GDP will grow this year 4.6%. ($1 – 365.83 Drams) . -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s Total Public Debt grows to over $13 Billion

Armenia's total public debt as of February 28, 2025 amounted to $13,027.848 million, an increase of $140.853 million compared to January 31, 2025, the National Statistical Committee reported.

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar to Armenian dram exchange rate remains unchanged

The average market exchange rate of the US dollar to the Armenian dram on March 26, 2025, remained at 391.8 drams, unchanged compared to March 25.

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