ARMENIA’S ECONOMIC GROWTH IN LEADING POSITIONS: AEPLAC
ARKA
Nov 19, 2008
YEREVAN, November 19. /ARKA/. Armenia’s economic growth has leading
positions in the world, Gagik Gabrielyan, head of the economic group
of AEPLAC (Armenian-European Policy and Legal Advice Centre), said
today, quoting the Armenian Economic Trends: 2007 Annual Report.
According to the International Monetary Fund (IMF), last year Armenia
ranked sixth among 181 countries in terms of a two-digit growth in GDP.
Armenia recorded 13.8% economic growth in 2007 – a double increase
compared to 2001, Gabrielyan said, adding Armenia ranked 82nd (sixth
in the CIS) in terms of the purchasing power parity (PPP) of $5,711
worth GDP per capita.
The nominal value of Armenia’s GDP totalled $9,204mln (â~B¬6,731mln)
between January and September 2008, with GDP per capita amounting to
$2,853 (â~B¬2,086).
Armenia saw 10.3% year-on-year economic growth between January and
August 2008, with $2,187 (â~B¬1,427) GDP per capita. The country
expects 9.2% economic growth in 2009.
The structure and content of AEPLAC’s annual economic reports are in
line with the requirements of traditional macroeconomic reports. They
provide an in-depth analysis of the annual macroeconomic developments
of Armenia.
–Boundary_(ID_knelkwYau/2ExohMahZzEA)–
Disclaimer: This article was contributed and translated into English by Chavushian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2008/11/20/armenias-economic-growth-in-leading-positions-aeplac/