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-

spot_img

POPULAR

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Armenian dram strengthened against the dollar and the ruble, but weakened against the euro: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 28, 2026, fell by 0.15 points to 364.32 drams compared to August 27.

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img