Economy

In january-december 2009 unemployment level was 6.9% in Armenia

YEREVAN, February 2. /ARKA/. In January-December 2009 unemployment level was 6.9% versus 6.3% in January-December 2008.

In December 2009 number of job seekers officially registered in “State Employment Service of Armenia” was 99.3 thousand, from which 86.3 thousand were unemployed. Status of unemployed received 84.5 thousand people.

At the end of December 2009, 70.8% from total number of officially registered job seekers were women (59.8 thousand people).

By the results of January-December 2009 total number of economically active population was 1185.1 thousand, from which 1103.7 thousand are employed.

As of the end of December 2009, 25.7 thousand from total number of unemployed received benefits versus 16.6 thousand in December 2008. Average number of monthly benefit was 17039 drams (14280 drams in December 2008).

As of the end of December 2009, working force was 738 people (117 unemployed for 1 vacancy). ($1 –375.83 drams).  --0

02/02/2010 21:03



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 12/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 392.62 1.21
Euro EUR 1 540.01 5.34
Russian Rоublе RUR 1 13.40 0.11

Favorable еxchange rates of banks 12/03/2010
Currency Buy Sell
USD 391.5
Armenian Development Bank
394
ACBA-CREDIT AGRICOLE BANK
Araratbank
Byblos Bank Armenia
Conversebank
ProCreditBank
“ArmSwissBank”
Euro 534
"VTB Bank (Armenia)"
ACBA-CREDIT AGRICOLE BANK
Ameriabank
Prometey Bank
“ArmSwissBank”
541
ACBA-CREDIT AGRICOLE BANK
Cascade Bank
“ArmSwissBank”
RUR 13.2
"VTB Bank (Armenia)"
Ardshininvestbank
BTA Bank
Prometey Bank
13.35
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2009-12 85.6
GBP, billion AMD 2009-12 3165.5
inflation, % 2010-01 101.7
Budget deficit (proficit), bln AMD 2009-12 148.3
trade deficit, mln USD 2009-12 -2606.4
foreign trade turnover, mln USD 2009-12 4001.9
foreign trade turnover, % 2009-12 73
Gross External Reserves, mln. USD 2009-12 2003.41
Monetary base, billion AMD 2009-12 511.7
Money supply, billion AMD 2009-12 815

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-01 14.8
Legal entities in USD 2010-01 13.5
Individuals in AMD 2010-01 22
Individuals in USD 2010-01 17.6
Anual interests on deposits
Legal entities in AMD 2010-01 6.5
Legal entities in USD 2010-01 5.4
Individuals in AMD 2010-01 9.1
Individuals in USD 2010-01 5.3
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-01 8.8

The percents of the CBA
Indicator Term Figures
Banking rate 2010-03 13
Repo 2010-03 6.5
Credit 2010-03 9.5
Depo 2010-03 3.5



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