Construction output in Armenia rose 19.6 percent year-on-year in April 2023, pointing to the fourth consecutive month of a double digit growth and up from a 19 percent increase in the previous month. The latest figure also marked the strongest advance in construction activity since April 2021. On a monthly basis, construction output grew 9.4 percent, easing sharply from a 30.6 percent rise in March. Considering the first four months of the year, construction activity expanded by 16.8 percent over a year ago. source: National Statistical Service of the Republic of Armenia

Construction Output in Armenia averaged 0.03 percent from 2011 until 2023, reaching an all time high of 87.70 percent in April of 2021 and a record low of -51.00 percent in April of 2020. This page provides - Armenia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Construction Output in Armenia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Armenia Construction Output

Calendar GMT Actual Previous Consensus TEForecast
2023-04-25 08:00 AM Mar 19% 13.9% 11.2%
2023-05-25 08:00 AM Apr 19.6% 19% 16%
2023-06-26 08:00 AM May

Related Last Previous Unit Reference
Construction Output 19.60 19.00 percent Apr 2023

Armenia Construction Output
In Armenia, construction output refers to the year over year change in the volume of construction work done.
Actual Previous Highest Lowest Dates Unit Frequency
19.60 19.00 87.70 -51.00 2011 - 2023 percent Monthly