ArmeniaEconomy

The volume of construction in Armenia amounted to 567 billion AMD

The economic activity index in Armenia for January-November 2024 was 7.4% compared to the same period of the previous year. The data is published on the website of the Statistical Committee of Armenia.

The industrial production volume for January-November this year reached 7.6% or 2 trillion 673.1 billion AMD. The January-October indicator was 11.7%.

The construction volume for January-November this year amounted to 567 billion AMD or 14.9% compared to the same period of the previous year (for January-October, this indicator was 15.5%). The volume of services during the same period reached 6.3% or 3 trillion 27 billion AMD (compared to 5.8% the previous month).

Domestic trade turnover amounted to 18% or 5 trillion 604 billion AMD. Foreign trade turnover for January-November 2024 increased by 54% compared to the same period of the previous year, reaching 11.1 billion AMD. Notably, exports accounted for 73.9% or 5 billion AMD, while imports constituted 41.5% or 6.3 billion AMD.

Samvel Mkhitaryan