ARMENIAN GDP FALLS 14.4% IN 2009
Noyan Tapan
Jan 25, 2010
YEREVAN, JANUARY 25, NOYAN TAPAN. Armenian GDP fell by 14.4% in 2009
as compared to 2008 and amounted to 3 trillion 165 billion 538 million
drams. The index-deflator of GDP made 1.5%.
According to the RA National Statistical Service, industrial production
in Armenia fell by 7.8% in 2009 on 2008 and amounted to 663bn 921.1m
drams.
Gross agricultural output fell by 0.1% to 555bn 698.1m drams,
construction volumes declined by 36.4% to 575bn 709.8m drams.
Retail trade grew by 1% to 1 trillion 75bn 73.9m drams, services grew
by 1.3% to 768bn 910.3m drams.
Armenia’s foreign trade declined by 27% in 2009 compared to the
previous year and made bn 1.9m, with exports falling by 34% to 7.8m
and imports declining by 25.3% to bn 304.1m.
Consumer prices rose by 3.4%, industrial production prices by 7.1%
in Armenia last year.
The number of officially registered unemployed people grew by 13.1%
in 2009 on 2008 and made 84.5 thousand.
The average monthly nominal salary made 101,958 drams in 2009 (9.8%
growth as compared with 2008), including the average salary of 84,845
drams in the state sector (15.5% growth) and the average salary of
126,407 drams in the non-state sector (5.3% growth).
The average exchange rate of one dollar made 363.28 drams in 2009.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. 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.
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