Armenia’s economic activity index grew by 5% in six months




YEREVAN, JULY 26, ARMENPRESS. Armenia’s economic activity index with the results of the first half of the year has increased by 5% compared to the same period of 2020, the Statistical Committee reports.

Compared to June 2020, the increase in the economic activity index comprised 8%.

Industrial production volume increased by 2.1% in January-June 2020 compared to January-June 2020, gross agricultural output increased by 6.8% and the construction volume by 10.8%.

The growth in trade turnover comprised 8%, and in the volume of services provided (without trade) – 2.7%.

Consumer price index increased by 5.7%, the index of industrial production prices by 10% and the electricity production volume by 0.5%.

13.4% growth has been registered in external trade turnover volumes, but the growth as of June only comprised 20.1%.

The export from Armenia increased by 23.3% and the import by 7.9% in January-June 2021.


Editing and Translating by Aneta Harutyunyan

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS