Economic activity grows 7,1% in January-August

Economic activity in the first eight months of 2025 grew by 7.1% compared to the same period last year, according to the Statistical Committee of Armenia.

Below is the year-over-year (YoY) data for January–August 2025:

According to the official data, only industrial production output recorded a decrease (7.8%), amounting to more than 1.7 trillion drams.

Construction grew by 20.4% and amounted to 374.8 billion drams.

Trade turnover stood at more than 4.1 trillion drams — a growth of 3.9%.

Services grew by 10.2%, amounting to nearly 2.6 trillion drams.

The consumer price index increased by 3.2%.

The industrial production price index grew by 2.8%.

Electricity production increased by 3.6% (nearly 6 billion kilowatt-hours). (This figure does not include the volume produced by autonomous producers.)