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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–

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