EBRD CORRECTS ARMENIA’S 2007 ECONOMIC GROWTH INDICATOR
ARKA
Feb 25, 2008
YEREVAN, February 25. /ARKA/. European Bank for Reconstruction and
Development corrects Armenia’s economic growth indicator for 2007.
EBRD Yerevan office says in the press release sent Monday to
Novosti-Armenia News Agency that the bank voices regret at the
inaccuracy made in its report – 8.5% GDP growth was mentioned instead
of 13.8%.
According to the press release given to media outlets on Monday,
during the EBRD report presentation in Yerevan, expected real GDP
growth is 8.5% in 2007 against 13.4% in 2006.
Official figures show that 13.7% economic growth was recorded in
Armenia in 2007, compared with 2006.
GDP totaled 3139353.9 million (in current prices) in 2007.
GDP index deflator was recorded at 103.9% and per-capita GDP $2844
in 2007.
Ten-percent economic growth is planned for 2008.
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