Construction output in Armenia advanced by 15.1% from a year earlier in October of 2022, the seventh month of double-digit growth in a row, following a 14.6% rise in the previous month. On a monthly basis, construction activity grew by 6.2%, decelerating from an 8.8% advance in the prior month. Considering the first ten months of the year, construction output advanced by 14.4% over a year ago. source: National Statistical Service of the Republic of Armenia

Construction Output in Armenia averaged -0.56 percent from 2011 until 2022, 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 November of 2022.

Construction Output in Armenia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Construction Output is projected to trend around 2.50 percent in 2023 and 3.00 percent in 2024, according to our econometric models.

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Armenia Construction Output

Calendar GMT Actual Previous Consensus TEForecast
2022-10-25 08:00 AM Sep 14.6% 16.3% 14%
2022-11-25 08:00 AM Oct 15.1% 14.6% 11%
2022-12-26 08:00 AM Nov 15.1%

Related Last Previous Unit Reference
Construction Output 15.10 14.60 percent Oct 2022

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
15.10 14.60 87.70 -51.00 2011 - 2022 percent Monthly