Armenia plans to ensure over $8,500 GDP per capita in 2025 – Papoyan

YEREVAN, March 17. /ARKA/. Armenia plans to ensure the size of GDP per capita more than $8,500 by the end of 2025, Minister of Economy Gevorg Papoyan said.

“This is already a rather big indicator, which in the context of the last 7-8 years will record more than twofold growth,” Papoyan noted at the session of the parliamentary committee on regional and Eurasian integration on Monday.

According to the National Statistical Committee, by the end of 2024, GDP per capita in market prices amounted to AMD 3,338,443, which corresponds to 8,501 U.S. dollars or 7,857 euros.

Overall, the nominal volume of the  GDP in current prices in 2024 amounted to 10,127,165.9 million drams (5.9% growth by 2023). ($1 – 392.34 drams).

spot_img

POPULAR

Special Mortgage Offers: IDBank at Toon Expo: Invest 2026

At Toon Expo.Invest 2026 Vol. 2, taking place from November 13-15, IDBank will offer special mortgage terms, featuring lower interest rates than current rates and up to 5% cashback, in accordance with the Bank's applicable terms and conditions.

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

Euro, dollar, and ruble exchange rates fell against the Armenian dram, according to the Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, decreased by 0.06 points to 360.34 drams on November 6, 2026, compared to November 5.

Armenia to Contribute an Additional €8.2 Million to the Capital of the Black Sea Trade and Development Bank

Armenia will contribute an additional €8.2 million to the authorized capital of the Black Sea Trade and Development Bank (BSTDB).

Ranking of the most profitable credit institutions in Armenia for the first 9 months of 2026

The ARKA news agency has published a ranking of Armenia’s most profitable credit organizations for the period from January to September 2026.

LATEST NEWS

spot_imgspot_imgspot_img