Armenia's service sector grows by 9.8% in six months, reaching AMD 1.8 trillion

YEREVAN, August 8: /ARKA/. According to the National Statistical Committee, the volume of Armenia's services sector from January to June of 2025 was over 1.8 trillion drams at current prices, which is a 9.8% increase compared to the first six months of 2024.

In June 2025, the sector's value was 322.8 billion drams, up 8.2% from June of last year and up 1.3% from May of this year.

Financial and insurance activities accounted for the largest share (31.6%) of the services sector, at 571.9 billion drams — 16.5% more than in the first half of last year.

The information and communication sector accounted for 21.6% (392.5 billion), an increase of 19%. The accommodation and catering sector, as well as the transport sector, accounted for 9.3% (167.7 billionillion and 168.7 billion, respectively), an increase of 4.4% and a decrease of 11.9%, respectively.

The culture, entertainment, and recreation sector accounts for 4% (145.3 billion, an increase of 2.3%). Professional, scientific, and technical activities account for 4.9% (88.9 billion, an increase of 7.9%). Healthcare and social security account for 4.7% (84.8 billion, an increase of 6.6%).

Real estate transactions accounted for 3.9% (71.3 billion drams, with a growth rate of 12.6%); administrative and support services accounted for 3.3% (59.8 billion drams, with a growth rate of 8.1%); and education accounted for 2.6% (46.6 billion drams, with a growth rate of 4.1%). (1 USD = 383.59 AMD).-0-