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#INFORMAL ECONOMY

Economy

Pashinyan says Armenia’s informal sector stands at about 40 percent

According to the estimates of the International Monetary Fund (IMF), Armenia’s informal economy stands at about 40%, Prime Minister Nikol Pashinyan said in the parliament today after presenting his government’s plan of actions for the next five years.

12.02.2019, 16:57

Economy

Armenia’s informal economy estimated at $2.5-$4 billion

Armenia’s informal economy is estimated at $2.5-$4 billion, economist Artak Manukyan said during a discussion organized today by the Club of Economic Journalists.

18.05.2018, 18:18

Economy

IMF estimates Armenia’s informal economy at 36% of GDP

A recent study by the International Monetary Fund (IMF) titled, 'Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?’ estimates Armenia’s informal (shadow) economy at 36% of its overall GDP.

07.02.2018, 15:04