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

“Anomaly in the Armenian market: Some bank bonds are trading at a yield lower than sovereign Eurobonds — KK Partners

The authors of the study "Free Lunch in Yerevan: An Arbitrage Anomaly in the Armenian Bond Market" draw attention to the unusual ratio of bank and sovereign bond yields for the debt market.

“Orran” Students Start the New Academic Year with Support from “The Power of One Dram”

On September 1, students of the “Orran” charitable NGO welcomed the new academic year with all the necessary school supplies, with the support of “The Power of One Dram” initiative.

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

Become a Unibank shareholder and acquire perpetual bonds with a 13.25% yield

Unibank is successfully placing newly issued shares worth AMD 3.9 billion as part of Armenia’s first hybrid investment offering.

IDBank Warns of a New Extortion Scheme on Telegram

A new scam technique is becoming widespread in the Russian-language segment of Telegram, including among users in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img