Growth registered in all sectors of Armenia’s economy in April: January-April 2021 figures have been published

Growth registered in all sectors of Armenia’s economy in April: January-April 2021 figures have been published

The Statistical Committee of the Republic of Armenia has published the macroeconomic operative indicators for January-April 2021.

Accordingly, we have the following macro picture:

April 2021 compared to April 2020:

  • Economic Activity Index was 23.2%,
  • Industry output increased by 16.9%
  • The volume of services increased by 15.4%,
  • Trade turnover increased by 47.8%,
  • The volume of construction increased by 87.7%,
  • Export volume increased by 64.3%,
  • The volume of imports increased by 39.1%.

January-April 2021 compared to January-April 2020:

  • Economic Activity Index was 2.6%,
  • Industry output increased by 0.9%
  • The volume of services decreased by -2.9%,
  • Trade turnover increased by 4.8%,
  • Construction volume increased by 20.3%,
  • Export volume increased by 16.7%,
  • The volume of imports increased by 2.2%.

In April of the current year, growth was registered in all sectors of the economy, and in cumulative terms (January-April) only the services sector remains in the negative range. The statistics of the agricultural sector are published by the Statistical Committee on a quarterly basis, therefore it is absent from the current operative publication of the Committee.

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