RosBusinessConsulting Database
October 21, 2004 Thursday 4:14 am, EST

GDP growth in Armenia announced

The Armenian GDP grew 10.2 percent in January to September 2004.
According to preliminary data of the Armenian National Statistics
Service, the GDP advanced 36.1 percent in September primarily thanks
to the agricultural and construction sectors of the economy. As of
the end of September 2004, the country’s GDP amounted to $2.278bn.

The volume of industrial production reached $620m in January to
September 2004, having advanced 1.6 percent in comparison to the
corresponding period in 2003. Electrical energy production gained 9.7
percent in the reported period.