Armenia industrial output up 13.4% in Q1 2026

Economy13:31, 14 May 2026
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Armenia’s industrial production rose 13.4% year-on-year in the first quarter of 2026 to 748.8 billion drams, driven by strong growth in mining and quarrying and moderate gains in manufacturing and utilities, according to the Statistical Committee.

In March, industrial production declined by 2% compared to February but rose by 7% year-on-year. Industrial output in March amounted to 256 billion 521.4 million drams at current prices.

Mining and quarrying accounted for 60 billion 969.5 million drams of the March total. In the first quarter, output in the sector increased by 36.8% year-on-year to 163 billion 889.9 million drams. In March, production rose by 17.7% month-on-month and by 28% year-on-year.

Manufacturing output increased by 9.5% year-on-year in the first quarter to 458 billion 410.6 million drams. In March, output fell by 9.6% from February but rose by 1.3% from a year earlier, amounting to 155 billion 815.5 million drams.

Electricity, gas, steam, and air supply rose 7% in the first quarter to 118 billion 171.7 million drams, including 37 billion 172.5 million drams in March. Output increased 6% month-on-month and 7.9% year-on-year in March.

Water supply, sewerage, waste management, and recycling grew 4.1% year-on-year in the first quarter to 7 billion 528.6 million drams, including 2 billion 563.9 million drams in March. The sector rose 4.2% month-on-month and 2.9% year-on-year in March.

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Published by Armenpress, original at 

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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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

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