Markets Actual Q2/23 Q3/23 Q4/23 Q1/24
Currency 386.00 390 395 399 403

Overview Actual Q2/23 Q3/23 Q4/23 Q1/24
GDP Annual Growth Rate (%) 12.10 4.5 3.2 13.6 13.6
Unemployment Rate (%) 12.70 15.3 15.5 15 15
Inflation Rate (%) 1.30 3 4 3.5 4
Interest Rate (%) 10.75 10.5 9.5 8.5 8
Balance of Trade (USD Million) -413.00 -260 -250 -105 -105
Current Account (USD Million) -164.91 -80 -80
Current Account to GDP (% of GDP) 0.10 -2
Government Debt to GDP (% of GDP) 60.25 52.9
Government Budget (% of GDP) -2.50 -2.6

GDP Actual Q2/23 Q3/23 Q4/23 Q1/24
GDP Annual Growth Rate (%) 12.10 4.5 3.2 13.6 13.6
GDP Constant Prices (AMD Million) 1732266.80 1785625 2282712 2859838 1967855
Gross Fixed Capital Formation (AMD Million) 260150.10 319249 445182 874475 295531
GDP from Agriculture (AMD Million) 70896.90 145876 333003 297553 80539
GDP from Construction (AMD Million) 65512.00 92553 156996 280254 74422
GDP from Manufacturing (AMD Million) 170386.60 199005 249924 342251 193559
GDP from Mining (AMD Million) 68519.80 104130 97143 110743 77838
GDP from Public Administration (AMD Million) 79773.90 94713 88017 141412 90623
GDP from Services (AMD Million) 40741.50 37956 46072 48036 46282
GDP from Transport (AMD Million) 76957.20 63193 85939 97335 87423
GDP from Utilities (AMD Million) 8049.10 7412 8535 8097 9144
GDP (USD Billion) 13.86 14.8
GDP per Capita (USD) 4522.32 4560
GDP per Capita PPP (USD) 14193.12 14690
Full Year GDP Growth (%) 5.70 3.5

Labour Actual Q2/23 Q3/23 Q4/23 Q1/24
Unemployment Rate (%) 12.70 15.3 15.5 15 15
Minimum Wages (AMD/Month) 75000.00 76000
Population (Million) 2.98 2.95

Prices Actual Q2/23 Q3/23 Q4/23 Q1/24
Inflation Rate (%) 1.30 3 4 3.5 4
Consumer Price Index CPI (points) 158.05 159 159 162 164
Core Consumer Prices (points) 99.98 107 106 104 103
Core Inflation Rate (%) 4.30 6 5.2 4 3
Producer Prices (points) 97.10 101 108 110 105
Producer Prices Change (%) -3.30 3.8 5 6 6
Inflation Rate MoM (%) -1.80 0.5 0.3 0.4 0.6
Food Inflation (%) 1.20 4 3 3.2 4

Money Actual Q2/23 Q3/23 Q4/23 Q1/24
Interest Rate (%) 10.75 10.5 9.5 8.5 8
Deposit Interest Rate (%) 9.25 9 8 7 6.5
Lending Rate (%) 12.25 12 11 10 9.5

Trade Actual Q2/23 Q3/23 Q4/23 Q1/24
Balance of Trade (USD Million) -413.00 -260 -250 -105 -105
Current Account (USD Million) -164.91 -80 -80
Exports (USD Million) 626.60 650 600 575 525
Imports (USD Million) 1063.30 910 850 680 630
Tourist Arrivals (Thousand) 451850.00 595000 661000 360000 329000
Current Account to GDP (% of GDP) 0.10 -2

Government Actual Q2/23 Q3/23 Q4/23 Q1/24
Government Budget Value (AMD Million) 75037.90 -30000 -30000 -120000 -120000
Government Debt (AMD Billion) 3969.70 4520 4520 4600 4600
Government Spending (AMD Million) 189426.50 262287 360464 535095 215189
Government Debt to GDP (% of GDP) 60.25 52.9
Government Budget (% of GDP) -2.50 -2.6

Business Actual Q2/23 Q3/23 Q4/23 Q1/24
Industrial Production (%) -0.80 -12 -8.7 -0.8 2.2
Leading Economic Index (%) 12.10 10.5 7 5.5 4
Mining Production (%) 11.10 2 1.5 3 2.8

Consumer Actual Q2/23 Q3/23 Q4/23 Q1/24
Retail Sales YoY (%) 28.90 0.8 -0.1 0.2 0.2
Consumer Credit (AMD Million) 939240.46 865427 864368 1017243 1054875
Consumer Spending (AMD Million) 1329844.00 1489489 1597220 1942070 1510703

Housing Actual Q2/23 Q3/23 Q4/23 Q1/24
Construction Output (%) 19.60 2 1.5 2.5 2.5