Armenian GDP up by 10 per cent in 2004

Armenian GDP up by 10 per cent in 2004

Noyan Tapan news agency
16 Feb 05

Yerevan, 16 February: Armenia’s GDP totalled 1,893.4bn drams (about
3.7bn dollars) in 2004, which is 10.1 per sent more than in the
previous year.

Industrial output increased by 2.1 per cent, agricultural output by
14.5 per cent and capital construction by 17.2 per cent, the head of
the Armenian National Statistics Service, Stepan Mnatsakanyan, said
at a news conference on 16 February. Foreign trade totalled 2,066m
dollars, which is 5.1 per cent more than in 2003. Export amounted to
715m dollars (up by 4.3 per cent), and import 1,351m dollars (up by
5.6 per cent).

[Passage omitted: minor details]

From: Emil Lazarian | Ararat NewsPress