The indicator of economic activity in Armenia increased 10.10 percent in November of 2019 over the same month in the previous year.

Leading Economic Index in Armenia averaged 5.17 percent from 2012 until 2019, reaching an all time high of 17.20 percent in October of 2017 and a record low of -7.70 percent in October of 2016. This page provides - Armenia Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Leading Economic Index in Armenia is expected to be 11.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Armenia to stand at 11.50 in 12 months time. In the long-term, the Armenia Economic Activity Index is projected to trend around 12.80 percent in 2020, according to our econometric models.


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Armenia Economic Activity Index

Actual Previous Highest Lowest Dates Unit Frequency
10.10 8.00 17.20 -7.70 2012 - 2019 percent Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-25 08:00 AM Aug 7.6% 8.3% 7.4%
2019-10-25 08:00 AM Sep 7.5% 7.6% 8.5%
2019-11-25 08:00 AM Oct 7.7% 7.5% 6.9%
2019-12-26 08:00 AM Nov 10.1% 8% 7.0%
2020-01-31 08:00 AM Dec 10.1% 7.5%


News Stream
2019-09-25
Armenia Economic Activity Rises at a Softer 7.6%
Armenia's economic activity advanced 7.6 percent year-on-year in August 2019, following an upwardly revised 8.3 percent growth in the prior month, as output rose slightly less in construction (3.9 percent vs 4.1 percent in July); retail trade (9.0 percent vs 9.3 percent) and services (15.0 percent vs 15.6 percent). Meanwhile, manufacturing continued to grow solidly (16.8 percent vs 16.1 percent). On a monthly basis, activity rose 7.2 percent, slowing from a 12.8 percent gain in the previous month. Considering the first eight months of the year, economic activity advanced 7.0 percent compared to the same period a year ago.

2019-08-26
Armenia Economic Activity Growth Quickens to 8.1%
Armenia's economic activity advanced 8.1 percent year-on-year in July 2019, the most since April, picking up from a 3.4 percent rise in the previous month. Output rose faster for industry (16.1 percent vs 12.8 percent in June); services (14.9 percent vs 10.2 percent); retail trade (9.1 percent vs 6.7 percent) and construction (4.1 percent vs 0.6 percent). In the first seven months of the year, economic activity grew 6.8 percent compared to the same period a year ago.

2019-06-25
Armenia Economic Activity Growth Slows to 7.3% in May
Armenia's economic activity expanded 7.3 percent year-on-year in May 2019, after an upwardly revised 9.5 percent advance in the previous month. Output growth slowed for industry (10.2 percent vs 13.2 percent in April); services (14.8 percent vs 16.2 percent) and retail trade (4.9 percent vs 9.0 percent). In contrast, construction rose slightly faster (2 percent vs 1.8 percent).


Armenia Economic Activity Index
In Armenia, the Economic Activity Index is a composite indicator that estimates the activity of the different economic sectors in a given month. It is presented in previous year prices.

Armenia Business Last Previous Highest Lowest Unit
Industrial Production 13.80 2.70 31.70 -20.90 percent [+]
Industrial Production Mom 0.60 0.20 32.10 -46.10 percent [+]
Manufacturing Production 9.80 0.10 29.40 -14.20 percent [+]
Leading Economic Index 10.10 8.00 17.20 -7.70 percent [+]
Internet Speed 5182.66 5738.74 5738.74 295.56 KBps [+]
IP Addresses 297303.00 242616.00 371675.00 4787.00 IP [+]
Mining Production 1.70 29.20 91.00 -29.10 percent [+]
Ease of Doing Business 47.00 41.00 61.00 38.00 [+]
Corruption Index 42.00 35.00 42.00 25.00 Points [+]
Corruption Rank 77.00 105.00 129.00 76.00 [+]
Changes In Inventories 86253.90 18564.40 112000.00 -16889.40 AMD Million [+]
Competitiveness Index 61.28 59.86 61.28 3.71 Points [+]
Competitiveness Rank 69.00 70.00 98.00 69.00 [+]