Statistical report: Armenia’s economic growth 2.6% in Jan-Nov 2010
30.12.2010,
21:53
Armenian economy grew 2.6% over the period between January and November 2010, compared with the same period a year earlier, National Statistical Service reports.
YEREVAN, December 30. /ARKA/. Armenian economy grew 2.6% over the period between January and November 2010, compared with the same period a year earlier, National Statistical Service reports.
The country’s GDP in current prices amounted to AMD 3.104.5 trillion in Jan-Nov 2010, and GDP deflator index was 110.4%, compared with the same period of the previous year.
Per-capita GDP amounted to AMD 953,414 or $2,543/€1,915.
According to the statistical report, 1.6% gross added value growth in Jan-Nov 2010 against 15.2% contraction in Jan-Nov 2009 contributed 1.4 percentage pointes to real GDP, and 10.6% growth in tax receipts less subsidies against the previous year’s 22.3% reduction added 1.2 points to GDP growth in Jan-Nov 2010 against 2.5-point adverse impact in the same period of 2009.
Construction sector, with its 3.5% growth, drove GDP growth 0.6% up in Jan-Nov 2010, while at the same period a year before it had a 12.3-point adverse impact on GDP growth.
Industry’s 9.6% growth had 1.3-point favorable impact on GDP against 1.3-percent adverse impact in Jan-Nov 2009.
Agriculture, forestry and fishery’s 14.4% downturn took 2.5 percentage points from GDP in Jan-Nov 2010.
Financial and real estate sectors grew 14.2% in Jan-Nov 2010 adding 1.2% to GDP growth.
Gross added value made up 88.6% of GDP in Jan-Nov 2010 against 89.1% the same period of the previous year.
Industry, including energy, accounted for 15.0% of GDP in Jan-Nov 2010 against 13.8% a year earlier.
Agriculture, forestry and fishery’s aggregate share in GDP was 17.3%, and construction’s 16.4% in Jan-Nov 2010.
Trade, transport and communications accounted for 20.9% and services, as a whole, for 41.8% of GDP.
Taxes less subsidies made up 11.4% of GDP.
In the 2010 government budget, GDP growth was projected at 1.2%. ($1=3AMD 62.84). --0--
The country’s GDP in current prices amounted to AMD 3.104.5 trillion in Jan-Nov 2010, and GDP deflator index was 110.4%, compared with the same period of the previous year.
Per-capita GDP amounted to AMD 953,414 or $2,543/€1,915.
According to the statistical report, 1.6% gross added value growth in Jan-Nov 2010 against 15.2% contraction in Jan-Nov 2009 contributed 1.4 percentage pointes to real GDP, and 10.6% growth in tax receipts less subsidies against the previous year’s 22.3% reduction added 1.2 points to GDP growth in Jan-Nov 2010 against 2.5-point adverse impact in the same period of 2009.
Construction sector, with its 3.5% growth, drove GDP growth 0.6% up in Jan-Nov 2010, while at the same period a year before it had a 12.3-point adverse impact on GDP growth.
Industry’s 9.6% growth had 1.3-point favorable impact on GDP against 1.3-percent adverse impact in Jan-Nov 2009.
Agriculture, forestry and fishery’s 14.4% downturn took 2.5 percentage points from GDP in Jan-Nov 2010.
Financial and real estate sectors grew 14.2% in Jan-Nov 2010 adding 1.2% to GDP growth.
Gross added value made up 88.6% of GDP in Jan-Nov 2010 against 89.1% the same period of the previous year.
Industry, including energy, accounted for 15.0% of GDP in Jan-Nov 2010 against 13.8% a year earlier.
Agriculture, forestry and fishery’s aggregate share in GDP was 17.3%, and construction’s 16.4% in Jan-Nov 2010.
Trade, transport and communications accounted for 20.9% and services, as a whole, for 41.8% of GDP.
Taxes less subsidies made up 11.4% of GDP.
In the 2010 government budget, GDP growth was projected at 1.2%. ($1=3AMD 62.84). --0--
