Q1 data shows year-over-year growth in construction, trade, agriculture, services

Growth has been recorded in several branches of the economy in the first three months of 2025 but the industrial production turnover has dropped, according to the Statistical Committee of Armenia. 

Below is the YoY data for Q1 (January-March).

The Industrial Production Output dropped 18,5%, amounting to 599,8 billion drams. 

The Gross Agricultural Production Output grew 10,5%, amounting to 97,4 billion drams. 

Construction grew 13,6%, amounting to 77,5 billion drams.

Domestic trade turnover grew 6%, amounting to 1,3 trillion drams. 

Services (excluding trade) grew 11,5%, amounting to 865,2 billion drams.