Service sector in Armenia grew by 7.4% in January-March 2026, approaching AMD 982 billion

YEREVAN, May 15. /ARKA/. The service sector in Armenia in January-March 2026 amounted to AMD 981,729.1 million at current prices, an increase of 7.4% compared to January-March 2025, according to the Statistical Committee.

In March 2026, this figure amounted to AMD 351,418.6 million. Compared to March of last year, the service sector grew by 7.8%, and compared to February of this year, by 12.6%.

Financial and insurance activities accounted for the largest share of the overall service sector—31.7%. The volume of this segment for January-March amounted to 310,909.7 million drams, an increase of 2.1% compared to the same period last year.

The following service sector segments were distributed as follows:

Information and communications — 20.6% share, 202,702.0 million drams, an increase of 7.2%;

Transport — 11.7%, 114,970.0 million drams, an increase of 19.3%;

Accommodation and catering — 8.5%, 83,353.4 million drams, an increase of 9.5%;

Culture, entertainment, and recreation — 7.6%, 74,827.8 million drams, an increase of 8.0%;

Professional, scientific, and technical activities — 4.8%, 46,882.8 million drams, an increase of 13.0%;

Healthcare and social security — 4.4%, or 43,468.7 million drams, an increase of 3.2%;

Real estate activities — 3.9%, or 37,799.9 million drams, an increase of 9.6%;

Administrative and support activities — 3.5%, or 34,081.7 million drams, an increase of 20.3%;

Education — 2.5%, or 24,680.2 million drams, a decrease of 2.3%.

Other services accounted for 0.8% of the total, or 8,052.9 million drams. Compared to January-March 2025, this figure increased by 18.1%.