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Armenia’s GDP in third quarter rises to 1.2 trillion drams

YEREVAN, December 4. / ARKA / According to preliminary data of Armenia’s National Statistical Service (ArmStat), the country’s GDP in the third quarter rose to 1.2 trillion drams from 878.8 billion drams in the previous quarter.

It said the agriculture, fishing and forestry sectors accounted for 29.6% of the third quarter GDP or 359.2 billion drams, the mining industry accounted for 2.7% or 32.2 billion drams, the manufacturing industry accounted for 7.8% or 94.3 billion drams, construction sector for 11% of GDP, or 133.5 billion drams, financial and insurance sectors accounted for 4% or 48.7 billion drams, wholesale and retail trade for 11.7% GDP or 141.3 billion drams.

According to the statistics, per capita GDP at the end of September 2012 amounted to more than 369 thousand drams (or$ 900, 719 euros). ($ 1 – 407.16 drams). -0-

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