Economic Activity in Armenia Increased by 7.4%
News
According to the Statistical Committee of the Republic of Armenia, the country’s economic activity increased by 7.4% during the period from January to November 2024 compared to the previous year.
In November 2024, Armenia’s economic activity indicator remained stable compared to the previous month, while recording a 1.2% increase compared to the same month of the previous year. During the first 11 months of the year, industrial production grew by 7.6% compared to the corresponding period of 2023, reaching an estimated volume of AMD 2,673 billion 149.3 million.
However, compared to October 2024, industrial production decreased by 0.5% in November. Regarding the trade of goods, a total volume of AMD 274 billion 166.6 million was recorded in November, representing a 19
