LATEST NEWS
2017-07-28

Armenian-Indian Relations

On July 28, the Executive Director of CCI of RA Andranik Aleqsanyan, and the Head of Staff Araik Vardanyan hosted India’s Deputy Ambassador to Armenia Prashant Kumar Das

2017-07-27

Center for International Private Enterprise representatives’ visit

On July 24-26, representatives from Center for International Private Enterprise (CIPE) had their regular visit to Armenia to discuss the launch of the project “Strengthening Pro-Reform Dialogue” phase 2


NEWSLETTER

Armenian Economy Data


2011 2012 2013 2014 2015
Population (million) 3.3 3.3 3.3 3.3 3.3
GDP per capita (USD) 2,962 3,166 3,270 3,606 3,241
GDP (USD bn) 9.7 10.4 10.7 11.9 10.7
Economic Growth (GDP, annual variation in %) 4.7 7.2 3.3 3.5 3.0
Consumption (annual variation in %) 2.5 9.0 0.9 0.5 7.9
Investment (annual variation in %) -11.7 -1.9 -7.0 -2.4 -0.4
Industrial Production (annual variation in %) 13.7 9.8 7.3 2.6 5.1
Unemployment Rate 16.5 15.7 16.2 17.8 19.6
Fiscal Balance (% of GDP) -0.5 -2.8 -2.9 -2.1 -2.5
Public Debt (% of GDP) 40.7 40.4 39.9 43.5 48.7
Money (annual variation of M2 in %) 26.4 11.9 14.9 -3.5 5.2
Inflation Rate (CPI, annual variation in %) 7.7 2.6 5.8 3.0 3.7
Policy Interest Rate (%) 8.00 8.00 7.75 8.50 8.75
Exchange Rate (vs USD) 383.2 405.5 405.3 465.5 482.9
Exchange Rate (vs USD, aop) 372.5 401.8 409.6 415.9 477.9
Current Account (% of GDP) -10.9 -10.2 -7.9 -7.2 -2.6
Current Account Balance (USD bn) -1.1 -1.1 -0.8 -0.8 -0.3
Trade Balance (USD billion) -2.1 -2.1 -2.1 -2.1 -1.2
Exports (USD billion) 1.4 1.5 1.6 1.7 1.6
Imports (USD billion) 3.5 3.6 3.7 3.8 2.8
Exports (annual variation in %) 19.2 6.3 7.9 3.7 -4.1
Imports (annual variation in %) 8.5 2.5 2.8 0.7 -25.9
International Reserves (EUR) 1.5 1.4 1.6 1.2 1.6
External Debt (% of GDP) 76.5 73.9 81.2 71.9 83.5