Wed, 11 June
29.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

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

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img