Statistical report: economic activity index rises 5.9% in Armenia in 2011

YEREVAN, January 31. /ARKA/. Economic activity index rose 5.9% in Armenia in 2011, compared with 2010, National Statistical Service of Armenia reports.

The economic activity index rose 6.1% in December 2011, compared with the same month a year earlier, and 15%, compared with November 2011.

According to the statistical report, construction faced 11.5% decline in 2011, compared with 2010.

Construction amounted to AMD 480.8 billion.

Industrial output totaled AMD 992.1 billion in 2011 after growing 14.1%, compared with the previous year.

Agriculture sector accounted for the output worth AMD 992.1 billion and 14.1% year-on-year growth in 2011.

Armenia’s foreign trade turnover grew 14.4% to AMD 5481 billion or $2044.2 million.
Services worth AMD 872.4 billion were provided in Armenia in 2011 – 6.1% year-on-year growth.

In the 2011 government budget, GDP growth was projected at 4.6%. ($1- AMD 386.77). .-0—

spot_img

POPULAR

Unibank’s Renamed “Tumanyan” Branch Opens at a New Location

Unibank’s branch, previously located in the Moscow Cinema building, has moved to a new location and has been renamed "Tumanyan."

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on September 4, 2026, compared to September 3, to 363.85 drams.

Market capitalization exceeded 356 billion drams in August – Armenia Securities Exchange

Equity market capitalization in August 2026 exceeded 356.2 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar continued to decline: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.06 points on September 9, 2026, compared to September 8, to 363.58 drams.

LATEST NEWS

spot_imgspot_imgspot_img