Economy
Armenia's service sector experienced a growth of 10.9% in 11 months of 2025
The turnover of the service sector in Armenia for the period of January to November 2025 was recorded at 3,690,004.5 million drams (at current prices), reflecting a 10.9% increase compared to the same period in 2024, as reported by the Statistical Committee.Domestic trade turnover in Armenia nearly reached 6 trillion drams in the first 11 months, up 3%
Domestic trade turnover in Armenia for January-November 2025 amounted to 5,965,235.5 million drams (at current prices), an increase of 3% compared to January-November 2024, according to the Statistical Committee.Construction volume in Armenia increased by 20.1% in the first 11 months, exceeding 644.5 billion drams
The volume of construction work in Armenia from January to November 2025 amounted to 644,590.2 million drams (at current prices), an increase of 20.1% compared to January to November 2024, according to the Statistical Committee.Representatives of Armenia and Azerbaijan jointly assessed the condition of the Yeraskh-Sadarak railway section
On January 15, representatives of the Armenian and Azerbaijani sides jointly inspected the current infrastructure condition of the Yeraskh-Sadarak railway section, the Armenian Ministry of Territorial Administration and Infrastructure reported.Electricity production in Armenia upped 6.5% during 11 months to over 9 billion kWh
In the period from January to November 2025, Armenia produced 9,001.8 million kWh of electricity, marking a 6.5% increase compared to the same period in 2024, as reported by the Statistical Committee of Armenia.Manufacturing sector in Armenia experienced decline of 1.9% over first 11 months, totaling 1.98 trillion drams
The manufacturing sector's output in Armenia for the period of January to November 2025 reached 1,981,540.4 million drams, reflecting a 1.9% drop compared to the same period in 2024, as reported by the Statistical Committee.Armenia's foreign trade turnover for the first 11 months has dropped by 33.2%, totalling $18.9 billion. Russia is at the forefront, with China and the UAE following closely behind
The volume of Armenia's foreign and mutual trade from January to November 2025, in comparison to the same timeframe in 2024, has decreased by 33.2%, reaching $18,908,366.3 thousand, as reported by the Statistical Committee.Armenia's economy stands to save approximately 16.4 billion drams thanks to fuel imports from Azerbaijan, according to Papoyan
The process of importing goods from Azerbaijan to Armenia is now regarded as sustainable, stated Economy Minister Gevorg Papoyan during an interview on Public TV.Top 10 Most Significant Economic Events in Armenia in 2025
The year 2025 was a turning point for the Armenian economy, and in many ways atypical: large-scale social reforms, sensitive infrastructure and energy decisions, new geo-economic routes, and a significant adjustment in foreign trade shaped a complex and multi-layered agenda.Grain and gasoline supplies to Armenia via Azerbaijan are growing. Papoyan predicted a decline in fuel prices
In 2025, 6,580 tons of grain, including 1,000 tons from Kazakhstan and 5,580 tons from Russia, as well as 1,210 tons of Azerbaijani gasoline, entered Armenia by rail through Azerbaijan, reported Armenian Economy Minister Gevorg Papoyan.News 1 - 20 of 15987
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