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March 07, 2025
The number of employees in Armenia grew by 5.2% in 2024 to over 783,000
The number of officially employed people in Armenia grew to 783,900 at the end of December 2024, increasing by 5.2% compared to December 2023, according to a report of the Ministry of Economy titled “Socio-Economic Situation of the Republic of Armenia/ January-December 2024” (Armenia: Economic Outlook/ January-December 2024).Manufacturing production in Armenia in the first month of 2025 decreased by 16.2%, to 115.8 billion drams
The volume of production in the manufacturing industry in January 2025 amounted to 115,793.5 million drams, showing a decrease of 16.2% compared to January 2024 and a decline of 54.2% compared to December 2024.Industrial output in Armenia decreased by 10.4% in January to AMD 190.5 bln
Industrial output in Armenia in January 2025 amounted to AMD 190,547.0 million (in current prices), down by 10.4% compared to January 2024 and by 41.3% compared to December 2024, the National Statistical Committee said.Reduction in tourist flows to Armenia in 2024 is due to a 17.5% decline in the number of tourists from Russia - Ministry of Economy
The decrease in the total number of tourists arriving in Armenia in 2024 is primarily due to a reduction in the number of visitors from Russia, who make up the largest share, according to the report by the Armenian Ministry of Economy, "Socio-Economic Situation of the Republic of Armenia / January - December 2024" (Armenia: Economic Outlook / January-December 2024).Armenia's foreign trade turnover decreased by 40% in January to $1.4 Billion, China overtakes UAE in top three
The volume of Armenia’s foreign and mutual trade turnover in January 2025 decreased by 40% compared to January 2024, amounting to $1,377,384.1 thousand, according to the report from the National Statistical Committee of the country.Representatives of French companies to arrive in Armenia to discuss investment initiatives
Representatives of the French Mouvement des Entreprises de France (the Movement of the Enterprises of France), at a meeting with Armenian Deputy Prime Minister Tigran Khachatryan in Paris on Thursday, expressed their readiness to use their experience and knowledge to implement investment initiatives in Armenia in various formats.| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
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