ARMENIAN GDP GROWS 5.5% IN Q1
Interfax
April 20 2010
Russia
Armenia’s GDP grew 5.5% in the first quarter of 2010 compared with
the same quarter last year, to 568.1 billion dram or $1.5 billion,
the national statistics service said.
Economic output in industry rose 10.4% to 177.5 billion dram and
agricultural output rose 3.2% to 42.5 billion dram. Output in the
construction sector declined 0.6% to 47 billion dram.
Electricity generation increased 9.8% to 1.584 billion kWh.
Trade turnover was up 29% to $1.013 billion, including a 60.9%
increase in exports to $198.5 million and a 23.1% increase in imports
to $814.2 million.
Disclaimer: This article was contributed and translated into English by Toneyan Mark. 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/2010/04/23/armenian-gdp-grows-5-5-in-q1/