AArman Galoyan

Armenia's GDP increased by 38.6% as compared to the previous quarter

Armenia's GDP increased by 38.6% as compared to the previous quarter

According to preliminary data, Armenia's gross domestic product in the third quarter of 2020 amounted to 1 trillion 744 billion 942.4 million drams. 1lurer.am learned about this from the report of the RA Statistical Committee "Food Security and Poverty, January-September 2020".

GDP in the third quarter decreased by 9.1% compared to the same period of the last year, and increased by 38.6% compared to the second quarter of 2020. According to the Statistical Committee, the GDP per capita of Armenia in July-September of this year was 588 thousand 434 drams or 1212 US dollars.

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