Economic activity in Armenia increased by 5.7% in 5 months

YEREVAN, June 26. /ARKA/. Armenia's economic activity in January-May 2025 registered a growth of 5.7% compared to the first five months of 2024, the National Statistical Committee reported.

At the same time, in May of this year, compared to May of last year, the economic activity grew by 10.4%, and compared to April of 2025 by 5.4%.

The industrial output amounted to 1,030,846.9 million drams, decreasing by 14.1% compared to January-May 2024. At the same time, in May, the decline over the year was 5.9%, and over the month, an increase of 2.9% was recorded.

The construction sector increased by 17.1% compared to the same period last year and amounted to 165,463.3 million drams. In May, an annual growth of 22.2% was recorded, and a monthly growth of 24.8%.

The domestic trade amounted to 2,404,114.9 million drams, which is 4.2% higher than the figure for 5 months of last year. In May, the annual growth was 3.2%, and the monthly growth was 1.4%.

According to the official statistics, the service sector (excluding trade) reached 1,487,699.7 million drams, which is 10.1% higher than the figure for the same period in 2024. In May, the annual growth was 10.8%, and the monthly growth was 1.8%.

Armenia's economic growth in the 2025 state budget is projected at 5.1%. -0-