YEREVAN, February 28. / ARKA /. Armenia's economy expanded last year 3.5%, according to the official numbers released by the National Statistical Service (NSS). It said the GDP amounted to 4.266.8 trillion drams or about $10.4 billion
The government’s projection of GDP growth for 2013 was 6.2 %. According to the National Statistical Service, the GDP in the fourth quarter of 2013 amounted to 1.357.7 trillion drams, having increased by 5.2 % compared with the same period in 2012.
GDP growth in the first quarter was 7.5 % (722.4 billion drams), in the second quarter it upped by 0.6 % (900.7 billion drams) and in the third quarter it saw a 1.6% rise (1.285.8 trillion drams).
This year’s projection of GDP growth is 5.2%. ($ 1 - 412.93 drams). -0-