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USD: 392.34 RUB: 4.68 EUR: 427.93 GEL: 141.48 GBP: 508.94
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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).

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Dollar and Euro exchange rates against Armenian dram fell

The average market exchange rate of the US dollar to the Armenian dram, as of March 14, 2025, stood at 391.74 drams, reflecting a decrease of 1 point compared to March 13.

Preferential registration for the FINTECH360conference is available until March 15

Taking place in April 2025 in Yerevan, FINTECH360 will bring together over 200 participants, including leading experts from the banking and payments industry, top IT executives, and fintech startups.

USD and RUB depreciate against Armenian dram, EUR – rises

The average market exchange rate of the US dollar to the Armenian dram on March 12, 2025, made AMD 393.42, down 0.62 points compared to March 11.

Euro down 2.15 points to AMD 426.91

The average market exchange rate of the US dollar to the Armenian dram on March 13, 2025, totaled 392.74 drams, down 0.68 points compared to March 12.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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