Armenia’s industrial output grows 14.3% to AMD 88.7 billion

|

USD

381.84

EUR

447.02

RUB

4.8218

GEL

141.56

Economy

22.11.2011, 02:05

Armenia’s industrial output grew 14.3% in October 2011, compared with the same month a year earlier, to AMD 88.7 billion, National Statistical Service of Armenia reports.

YEREVAN, November 21. /ARKA/. Armenia’s industrial output grew 14.3% in October 2011, compared with the same month a year earlier, to AMD 88.7 billion, National Statistical Service of Armenia reports.

However, it shrank 3.4%, compared with September 2011.

According to the statistical report, 461.8 million kilowatt/hour of electric energy was generated in the country in October – 4.4% year-on-year decline.

Agriculture sector built up its output by 7.7% in October 2011, compared with October 2010, to AMD 117 billion, but accounted for 36.2% month-on-month decline.

Construction sector faced 25% year-on-year decline and 6.7% month-on-month decline in October (AMD 46.2 billion). ($1 – AMD 383.95). -0---

Armenia will receive €70.4 million from IBRD to improve irrigation services and water supply

During a meeting on Thursday, the Armenian government approved a bill to ratify a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank division) for €70.4 million aimed at enhancing irrigation services and water supply in Armenia under the "Phase 1" project.

11.12.2025 16:51

Freight traffic in Armenia increased by 2% over the first 10 months, while passenger traffic decreased by 2.1%

Total freight traffic in Armenia in January-October 2025 amounted to 13,960.5 thousand tons, an increase of 2% compared to January-October 2024.

11.12.2025 15:02

The Armenian government will allocate 2.8 billion drams for 27 subsidy programs in the regions

At a meeting on Thursday, the Armenian government approved the allocation of 2.8 billion drams to co-finance subsidy programs in the regions for infrastructure development.

11.12.2025 13:45

Armenia's service sector grew by 10.8% in January-October 2025, reaching 3.33 trillion drams

The turnover of the service sector in Armenia for the period of January to October 2025 was recorded at 3,332,456.5 million drams (at current prices), reflecting a 10.8% increase compared to the same period in 2024, as reported by the Statistical Committee.

10.12.2025 18:13

Domestic trade in Armenia for 10 months amounted to 5.32 trillion drams, an increase of 3.2%

The domestic trade turnover in Armenia from January to October 2025 reached 5,323,923.2 million drams (at current prices), reflecting a 3.2% increase compared to the same period in 2024, as reported by the Statistical Committee.

10.12.2025 17:52

Trade turnover between Armenia and Azerbaijan should encompass all types of goods – Simonyan

The trade turnover between Armenia and Azerbaijan ought to cover all varieties of goods, according to Alen Simonyan, Speaker of the Armenian National Assembly.

10.12.2025 14:58

Construction volume in Armenia increased by 20.6% in the first 10 months, exceeding 551 billion drams

The volume of construction work in Armenia from January to October 2025 amounted to 551,434.5 million drams (in current prices), an increase of 20.6% compared to January to October 2024, according to the Statistical Committee of the Republic of Armenia.

09.12.2025 14:45

Copper and molybdenum concentrate production in Armenia drop over 10-month period

In Armenia, the production of copper concentrate fell by 9.1%, totaling 235,036.6 tons from January to October 2025, in comparison to the same period in 2024, as reported by the Statistical Committee.

08.12.2025 15:32