Рейтинг@Mail.ru
ARKATELECOM
|
ARMBANKS
USD
391.57
EUR
426.77
RUB
4.6962
GEL
141.11
Wednesday, March 19, 2025
weather in
Yerevan
+8
NEWS » Economy » Volume of cargo transportation in Armenia in 2024 decreased by 7.7%, while passenger transportation increased by 17.3%
Economy

Volume of cargo transportation in Armenia in 2024 decreased by 7.7%, while passenger transportation increased by 17.3%

07.02.2025, 11:25
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.
Volume of cargo transportation in Armenia in 2024 decreased by 7.7%, while passenger transportation increased by 17.3%

YEREVAN, February 7. /ARKA/. 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. Meanwhile, the total volume of passenger transportation reached 225,094.0 thousand people, reflecting an increase of 17.3%. This was reported by the National Statistical Committee of Armenia.

Cargo Transportation
In 2024, 79.6% (or 13,389.6 thousand tons) of total cargo transportation was carried out by road transport, showing a decline of 5.3% compared to the previous year. Trunk pipeline transport accounted for 11.6% (or 1,957.2 thousand tons), with a slight increase of 0.2%, while rail transport contributed 8.6% (or 1,442.5 thousand tons), declining by 31.4%. Air transport carried 0.2% (or 42.2 thousand tons), which saw an increase of 24.8%.

The total cargo turnover for the reporting period amounted to 4,748.2 million ton-km, a decrease of 1.3% compared to the same period in the previous year. The breakdown by transport mode was as follows:

  • Main pipeline transport: 3,093.0 million ton-km (65.1% share, decline of 0.6%)
  • Road transport: 1,261.8 million ton-km (26.6% share, growth of 9.8%)
  • Rail transport: 381.2 million ton-km (8% share, decline of 27.9%)
  • Air transport: 12.2 million ton-km (0.3% share, decline of 31.1%)

Passenger Transportation
In 2024, 81.6% (or 183,710.9 thousand people) of total passenger transportation was carried out by road transport, with a growth of 19.5%. Electric transport accounted for 15.7% (or 35,426.4 thousand people), showing a growth of 10.1%. Air transport saw a slight decline of 0.4%, carrying 2.4% (or 5,393.1 thousand people), while rail transport represented 0.3% (or 563.6 thousand people), with an increase of 4.7%.

Passenger turnover from January to December 2024 amounted to 4,068.7 million passenger-km, decreasing by 23.4% compared to the same period in 2023. The breakdown of passenger turnover by transport mode was:

  • Road transport: 2,097.3 million pass-km (51.5% share, growth of 3.4%)
  • Air transport: 1,766.7 million pass-km (43.4% share, decline of 42.8%)
  • Electric transport: 141.3 million pass-km (3.5% share, growth of 10.9%)
  • Rail transport: 63.4 million pass-km (1.6% share, decline of 4.8%)

Road Accidents
In 2024, 4,314 road accidents were reported in Armenia, which is a decrease of 6.5% compared to the previous year.

  • 333 people died in road accidents (a decline of 11.9%)
  • 6,116 people were injured (a decrease of 6.4%)

Postal and Courier Services
In 2024, revenue from postal and courier services in Armenia amounted to 21,075.2 million drams, reflecting a growth of 2.5% compared to 2023.
($1 = 396.83 drams)

#VOLUME
#TRANSPORTATION
#CARGO
#INCREASE
Armenian parliamentary committee approves double taxation agreement with Hong Kong
The Parliamentary Committee on Economic Affairs gave a positive conclusion regarding the ratification of the agreement on the elimination of double taxation of income between Armenia and Hong Kong during a meeting on Wednesday.
19.03.2025 13:00
Armenia is ready to deepen trade and economic relations with EU in all areas – Minister
Armenia is ready to continue and deepen its trade and economic relations with the EU in all possible areas, said Economy Minister Gevorg Papoyan on March 18 during a meeting with Meglena Kuneva, a lecturer at the Diplomatic Academy of the European External Action Service, former chief negotiator and EU commissioner, and former Deputy Prime Minister of Bulgaria.
19.03.2025 09:49
Cadastre Committee to create passports for about 10,000 geographical names of Armenia
The Armenian Cadastre Committee will create 'passports' for about 10,000 geographical names and update the data in 2025, the head of the Committee Suren Tovmasyan said.
18.03.2025 18:14
"A busy year awaits us": Martin Galstyan on the impact of China's economy and trade wars on Armenia
The head of the Armenian Central Bank Martin Galstyan responded to a question whether the Stimulus Package, adopted by China and, in particular, the rise in copper prices, will affect Armenia's economy.
18.03.2025 17:56
Central Bank of Armenia left refinancing rate unchanged at 6.75%
At its meeting on March 18, the Board of the Central Bank of Armenia kept the refinancing rate unchanged at 6.75%.
18.03.2025 12:18
Armenia aims to connect itself with both EEU, EU, Arab, Asian and other markets by "numerous threads" - Papoyan
Armenia seeks to connect its economy with the Eurasian Economic Union (EEU) market as well as the EU, Arab, Asian and other markets with as many threads as possible, Minister of Economy Gevorg Papoyan said.
17.03.2025 17:16
S&P expects Armenia's economic growth to halve in three years
Over the next three years, growth in Georgia and Armenia will almost halve, from 9.4% and 8.8%, respectively, in 2022-24, but will remain sustainable, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.
14.03.2025 10:26
Dynamics of the decline in exports and imports in Armenia will last throughout the first half of the year – EDB
The decline in the value of exports and imports in Armenia in January by 49.2% year-on-year (y/y) and 33.5% y/y, respectively, was due to the fact that the positive impact of foreign trade in precious metals had been exhausted.
13.03.2025 15:00