Mining production in Armenia increased 70.10 percent in September of 2019 over the same month in the previous year. Mining Production in Armenia averaged 11.80 percent from 2011 until 2019, reaching an all time high of 91 percent in November of 2015 and a record low of -29.10 percent in September of 2018.
Mining Production in Armenia is expected to be -2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Armenia to stand at -2.90 in 12 months time. In the long-term, the Armenia Mining Production is projected to trend around 2.40 percent in 2020, according to our econometric models.