Tue, 12 August
28.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s per-capital GDP amounts to $ 1,212 in 3rd Q 2020

YEREVAN, November 25. /ARKA/. Armenia’s per capital GDP, according to preliminary data, amounted to $ 1,212 in the third quarter of 2020, having increased by $ 326 over the quarter from $ 886 in the second quarter, the National Statistical Committee of Armenia reports.

In AMD equivalent, per-capita GDP for the third quarter amounted to 588 434 drams, against 429 337 drams in the second quarter of 2020.

In 1995, per-capita GDP in Armenia was $ 420, at the end of 2015 the figure was $ 3512, in 2018 it reached $ 4280, and at the end of 2019 it was at $ 4604.

In the draft state budget of Armenia for 2021, the revenue is projected to amount to 1 trillion. 569.06 billion drams, where tax receipts are 1 trillion 501 billion drams. Expenditure is projected at 1 trillion. 843.1 billion drams with a deficit of 274 billion drams (4.1% of GDP). Economic growth is foreseen at 3.2%, and inflation in the budget for 2021 is set at 4% (± 1.5%). ($ 1 – AMD 512.31). –0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img