Industrial Production in Armenia decreased 3.90 percent in May of 2020 over the same month in the previous year.
Industrial Production in Armenia averaged 2.99 percent from 1999 until 2020, 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. Armenia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
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.