Armênia - PIB Taxa de Crescimento Anual

The Armenia economy advanced 6.5 percent year-on-year in the second quarter of 2019, easing from an upwardly revised 7.2 percent growth in the first quarter of 2019. Agriculture, forestry and fishing production dropped (-10.1 percent vs 0.8 percent) while output slowed for building (0.9 percent vs 9.2 percent) and trade & services (9.0 percent vs 10.8 percent). On the other hand, industry production advanced faster (10.0 percent vs 0.3 percent).

The Armenian economy advanced 7.1 percent year-on-year in the first quarter of 2019, following a downwardly revised 3.1 percent growth in the previous quarter. Output advanced further in the wholesale & retail trade sector (11.8 percent vs 5.8 percent in Q4); financial & insurance activities (26.5 percent vs 19.5 percent) and information & communication (8.2 percent vs 7.9 percent) while production rebounded for construction (9.2 percent vs -3.6 percent) and agriculture, hunting, forestry & fishing (0.8 percent vs -13.7 percent). On the other hand, output slowed for manufacturing (5.1 percent vs 9.3 percent); real estate activities (0.2 percent vs 6.7 percent) and education (1.0 percent vs 2.0 percent) while fell for electricity, gas, steam and air conditioning supply (-3.6 percent vs 14.8 percent) and transport ( -0.1 percent vs 7.4 percent).

The Armenian economy advanced 3.4 percent year-on-year in the fourth quarter of 2018, following a downwardly revised 2.5 percent growth in the previous quarter. Output advanced further in the trade & services sector (10.7 percent from 7.9 percent in Q3). On the other hand, production slowed for industry (1.1 percent from 2.9 percent in Q3) and fell faster for construction (-2.7 percent from -0.4 percent) and for agriculture, hunting, forestry & fishing (-13.7 percent from -10.8 in Q3). On a quarterly basis, the GDP grew 7.4 percent after expanding 29.5 percent in the third quarter of the year. Considering the whole 2018, the economy grew by 5.2 percent, below a 9.9 percent expansion in the previous year.