Time in Yerevan: 11:07,   26 April 2024

Real GDP growth rate in Artsakh comprises 18.2%

Real GDP growth rate in Artsakh comprises 18.2%

STEPANAKERT, NOVEMBER 11, ARMENPRESS. The real GDP growth rate in Artsakh in January-September 2022 comprised 18.2%, President of the National Statistical Service of Artsakh Manush Minasyan told reporters, presenting the socio-economic situation in the Republic in the aforementioned period.

“According to our estimates and the data presented, we have calculated the GDP figure in the Republic to be 199,6 billion drams in January-September 2022”, she said, adding that the GDP growth rate comprised 18.2%.

However, she stated that this economic growth is still far from the macro-economic indicators existing before the war.

“In the last base year the economic decline rate was 26.4%, which has decreased compared to January-September of 2020 and 2019. On this background we are still far from the level of macro-economic indicators of the pre-war period”, she stated.

She said that the 10.4% of the registered 18.2% growth has been ensured by industry, including energy, 2.7% - production taxes, 1.9% - trade and services, 0.9% - agriculture, 0.7% - construction.








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