Growth Of Economic Activity In September Was 9% In Armenia – Statistics

YEREVAN, October 31. /ARKA/. In the Armenian economy in September 2011 growth of economic activity by 9% was registered compared to the same period of 2010, Armenian National Statistic Service informed ARKA News Agency. Growth of the given indicator was 17% in September 2011 compared to August 2011.
Growth of the given indicator in January-September 2011 was 6.4% compared to the same period of 2010.

According to statistical data, in the construction sphere decline of 25.2% was registered. Volume of construction works in September 2011 was over 49.1 billion drams increased by 19.4% compared to August 2011.
Growth of industry by 16.6% in September 2011 compared to the same period of 2010 provided the volume of industrial production by more than 92.7 billion drams increased by 9.4% in September compared to August.
In September 2011 the volume of agriculture increased by 18.6% compared to September 2010 making over 169 billion drams. This indicator increased in September 2011 by 39.8% compared to August 2011.
In the reporting period growth of foreign trade turnover by 26.7% was registered compared to the same period in 2010 making over 195.4 billion drams ($525.3 million). This indicator increased by 1.9% in September 2011 compared to August 2011.
In September 2011 the volume of the provided services increased by 3.5% compared to the same period of 2010 making over 79 billion drams. This indicator increased by 0.3% in September 2011 compared to August 2011.
According to the state budget, GDP growth in 2011 in Armenia was planned on the level of 4.6%. ($1-378.58 drams). –0—

MACROECONOMIC INDICATORS OF ARMENIA (September 2011)

Economic indicators September 2011 September 2011 compared to September 2010 (%) September 2011 compared to August 2011 (%)
Indicator of economic activity x 109.0 117.0
Volume of industrial production, million drams 92740.8 116.6 109.4
Energy production, million kW/h 486.5 84.2 76.4
Gross product of agriculture, million drams 169042.7 118.6 139.8
Volume of construction, million drams 49144.7 74.8 119.4
Foreign trade turnover, million dollars, including 525.3 126.7 101.9
Export of goods 142.9 148.4 121.8
Import of goods 382.4 120.1 96.0
Monthly salary per employee, in drams 114463 107.1 100.8
Volume of trade turnover, million drams 188603.6 101.7 104.6
Volume of paid services rendered to population, million drams 79012.0 103.5 100.3
Index of consumer prices x 106.2 100.8

Data of Armenian National Statistic Service.

spot_img

POPULAR

Head of Central Bank allowed for a reduction in loan rates in Armenia, but with a caveat

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

Euro fell 1.94 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 23, 2026, increased by 0.01 points compared to 368.08 drams on June 22.

Stepan Gishyan Foundation’s grant competition results have been announced

The Stepan Gishyan Charitable Foundation has announced the results of its 2026 grant competition.

Institute of Theater and Cinematography has implemented the latest video editing software

A new stage of development has begun at the Yerevan State Institute of Theater and Cinematography.

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.

LATEST NEWS

spot_imgspot_imgspot_img