{"id":49646,"date":"2013-03-12T12:03:24","date_gmt":"2013-03-12T12:03:24","guid":{"rendered":"https:\/\/armbanks.am\/2013\/03\/12\/237769\/"},"modified":"2024-12-15T13:02:53","modified_gmt":"2024-12-15T13:02:53","slug":"armenian-ministry-of-finance-predicts-6-5-percent-gdp-growth-up-to-2025","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/03\/12\/49646\/","title":{"rendered":"Armenian ministry of finance predicts 6.5 percent GDP growth up to 2025"},"content":{"rendered":"<p><strong>YEREVAN, March 12. \/ ARKA \/.<\/strong> Armenia\u2019s ministry of finance predicts that the Gross Domestic Product (GDP) will be growing annually 6.3-6.5% up to 2025. This figures can be found in the government\u2019s &#8220;Long-Term Strategic Development Program for 2012-25.\u201d It forecasts a 6.3 percent economic expansion for 2013.<\/p>\n<p>According to this program, by 2025 Armenia&#8217;s GDP will reach $30.6 billion, up from $10.8 billion projected for 2013. By 2025 per capita GDP is supposed to rise to $10,064, which is by $6,496 higher than forecasted for the current year.<\/p>\n<p>The program also projects industrial growth of 9-10 percent a year up to 2025 to exceed GDP growth rate and to make 22.4 percent of the overall gross domestic product.<\/p>\n<p>Under the program, the agriculture is to grow by 3-5 5%a year until 2025, and its share in GDP at the end of the period is to reach 14.2%. Also, construction is projected to grow from 4 to 7%, and its share to make 11.3% of the GDP. Services are expected to grow 6-7% to 42.3% of the overall GDP by 2025.<\/p>\n<p>The ministry of finances also expects investments to make 27.5% of GDP by 2025 reaching the peak in 2017 &#8211; about 28.4% of GDP. The projection for this year is 26.9% of the GDP.<br \/>\nArmenia\u2019s external debt is to gradually reduce to 16.2% of GDP. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s ministry of finance predicts that the Gross Domestic Product (GDP) will be growing annually 6.3-6.5% up to 2025. This figures can be found in the government\u2019s &#8220;Long-Term Strategic Development Program for 2012-25.\u201d It forecasts a 6.3 percent economic expansion for 2013<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12199,461],"class_list":{"0":"post-49646","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-finance","10":"tag-461"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/49646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=49646"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/49646\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=49646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=49646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=49646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}