Industrial Production in Armenia increased 6.40 percent in December of 2019 over the same month in the previous year. Armenia Industrial Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Industrial Production in Armenia averaged 2.99 percent from 1999 until 2019, reaching an all time high of 31.70 percent in January of 1999 and a record low of -20.90 percent in June of 2000. This page provides the latest reported value for - Armenia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Armenia is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Armenia to stand at 8.40 in 12 months time. In the long-term, the Armenia Industrial Production is projected to trend around 8.40 percent in 2021, according to our econometric models.


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Armenia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
6.40 13.80 31.70 -20.90 1999 - 2019 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-25 08:00 AM Sep 11% 16.8% 15.9%
2019-11-25 08:00 AM Oct 2.7% 11% 10.1%
2019-12-26 08:00 AM Nov 13.8% 2.7% 13.5%
2020-01-31 08:00 AM Dec 6.4% 13.8% 11.3%
2020-02-25 08:00 AM Jan 6.4% 10.5%
2020-03-25 08:00 AM Feb
2020-04-27 08:00 AM Mar 8.5%
2020-05-25 08:00 AM Apr


Armenia Industrial Production
In Armenia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 61 percent of total production. The biggest segments within manufacturing are: food products (20 percent); metals (11 percent); tobacco (9 percent); and drinks (7 percent). Electricity, gas, steam and air conditioning supply accounts for 20 percent of total output, mining and quarrying for 18 percent and water supply, sewerage, waste management and remediation for 1 percent.