Wed, 5 November
16.1 C
Yerevan
USD: 382.57 RUB: 4.70 EUR: 439.34 GEL: 141.24 GBP: 498.34

Armenia’s economic activity rises 6.3 % in February from year earlier

YEREVAN, March 20. /ARKA/. Economic activity in Armenia climbed 6.3 % in February 2012 from a year earlier and 4.9 % from January, according to Armenia’s National Statistical Service.
At the same time, economic activity reported 5.6 % increase throughout January-February compared to the same period last year.
In contrast to GDP, the rate of economic activity is calculated in terms of
realized economic activities ; it is not based on the volume of added
value and does not include net taxes on production and financial services,
which are calculated indirectly.–0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img