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’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

Market capitalization in September totaled AMD 352.4 billion – Armenia Securities Exchange

Equity market capitalization in September 2026 stood at approximately AMD 352.4 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

LATEST NEWS

spot_imgspot_imgspot_img