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Economy
Service sector in Armenia grows by 12.6% in the first month of 2025, exceeding 280 billion drams
The volume of the service sector in Armenia in January 2025 amounted to 280,031.8 million drams (at current prices), showing an increase of 12.6% compared to January 2024 and 19.7% compared to December 2024.
10.03.2025, 13:03
Economy
Construction volume in Armenia increased by 11.6% in January to 19.2 billion drams
The volume of construction work in Armenia for January 2025 amounted to 19,253.5 million drams (at current prices), reflecting an 11.6% increase compared to January 2024, according to the National Statistical Committee of the country.
10.03.2025, 10:15
Economy
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.
07.03.2025, 15:08
Economy
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.
07.03.2025, 10:03
Economy
Volume of cargo transportation in Armenia in 2024 decreased by 7.7%, while passenger transportation increased by 17.3%
The total volume of cargo transportation in Armenia for 2024 amounted to 16,831.5 thousand tons, representing a decrease of 7.7% compared to 2023.
07.02.2025, 11:25
Economy
Service sector in Armenia grew by 10.6% last year, to 3.5 trillion drams
The volume of the service sector in Armenia for 2024 amounted to 3,467,516.3 million drams (at current prices), reflecting an increase of 10.6% compared to the same period in 2023, according to the National Statistical Committee of Armenia.
07.02.2025, 11:20
Economy
Gross output in Armenia's agriculture, forestry and fisheries in 2024 exceeded 1 trillion AMD
The gross volume of production in Armenia in 2024 within the sectors of agriculture, forestry, and fish farming amounted to 1,020,542.8 million drams at current prices, marking a 0.9% increase compared to 2023.
07.02.2025, 09:51
Economy
Manufacturing production in Armenia increased by 6.5% in 2024, exceeding 2 trillion drams
The volume of production in Armenia's manufacturing industry in 2024 amounted to 2,153,112.5 million drams, marking an increase of 6.5% compared to 2023. This data was published by the National Statistical Committee of Armenia.
06.02.2025, 15:56
Economy
Industrial output in Armenia in 2024 increased by 4.7%, to 3 trillion drams
The industrial output in Armenia in 2024 totaled 2,998,370.2 million drams (at current prices), marking an increase of 4.7% compared to 2023, according to data published by the National Statistical Committee.
06.02.2025, 12:26
Economy
Armenia's service sector grows 6.3%, exceeds 3 trillion drams
The volume of the service sector in Armenia for January-November 2024 amounted to 3,026,624.6 million drams (in current prices), reflecting a 6.3% increase compared to the same period in 2023, according to the National Statistical Committee of the country.
15.01.2025, 11:25
Economy
Lake Sevan's water level rose by 22 cm in 2024 – National Weather Center
The water level in Lake Sevan as of December 30 was 1900.39 meters, which is 22 cm higher compared to the same period last year, said Levon Azizyan, director of the Hydrometeorology and Monitoring Center.
30.12.2024, 12:12
Economy
Cargo transport in Armenia falls 10.5%, passenger transport rises 19.5%
The total volume of cargo transportation in Armenia for January-October 2024 amounted to 13,684.2 thousand tons, showing a decrease of 10.5% compared to the same period in 2023.
09.12.2024, 13:16
Economy
Armenia's service sector grows 5.8% to 2.7 trillion drams
The volume of the service sector in Armenia in January-October 2023 amounted to 2,734,696.9 million drams (at current prices), increasing by 5.8% compared to the same period in 2022, according to the National Statistical Committee of the Republic.
09.12.2024, 12:57
Economy
Construction volume in Armenia up 15.5% to 484.5 billion drams in 10 months
The volume of construction work in Armenia from January to October 2024 totaled 484,545.9 million drams (at current prices), marking a 15.5% increase compared to the same period in 2023, according to the National Statistical Committee of the Republic.
09.12.2024, 11:52
Economy
Service sector in Armenia grew by 5.9% in January-September, reaching 2.4 trillion drams
The service sector in Armenia in January-September 2024 amounted to over 2.4 trillion drams (in current prices), increasing by 5.9% compared to the same period in 2023, the National Statistical Committee reported.
07.11.2024, 11:02
Business
Ameriabank expanding volumes of factoring transactions in Armenia’s financial market
Ameriabank is aggressively expanding volumes of factoring transactions in Armenia’s financial market, according to a bank’s press release. According to it, in the first half of this year the volume of factoring transactions increased by 2.7 times from a year before, the highest rise among other banks.
22.08.2012, 20:38
Economy
Volume of cargo transportation in Armenia in 2011 November slashes by 16.3% year-on-year
The total volume of cargo transportation in Armenia in 2011 November slashed by 16.3% year-on-year to 927,000 tons, the National Statistical Service told ARKA.
09.01.2012, 19:36
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Popular
The world is currently undergoing a digital revolution, and businesses in Armenia cannot remain detached from these global changes. Digital transformation is not just a passing trend; it is an objective reality driven by changing consumer behavior, rapid technological advancements, and growing competition at all levels.
Armenian Google or Online Business Transformation: Inevitability and New Horizons
