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 to attract $150 million loan from ADB for budget support

At a meeting on Thursday, the Armenian government approved a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Market Development – ​​Subprogram 3" program.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

Loan and leasing portfolio of Armenian credit institutions in the first half of 2026 amounted to 681.8 billion drams

YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.

Armenian police warn of new phishing scheme purporting to be a bank

The Armenian Ministry of Internal Affairs' cyber police have warned of a fraudulent advertisement actively spreading on social media, purporting to be a joint offer from AMIO Bank and Yandex Eats.

LATEST NEWS

spot_imgspot_imgspot_img