GDP GROWS BY 11.2% IN JANUARY-JUNE, 2007 IN ARMENIA, AS COMPARED WITH SAME MONTHS OF PREVIOUS YEAR
Noyan Tapan
Jul 24, 2007
YEREVAN, JULY 24, NOYAN TAPAN. In January-June, 2007, the Armenian
GDP grew by 11.2%, as compared with the same months of the previous
year, and made 944bn 845.7m drams (nearly 2bn 631.3m USD). GDP’s
index-deflator made 4.9%.
According to the data of the RA National Statistical Service, in
January-June, 2007, as compared with the same months of the previous
year, industrial production in Armenia grew by 1.4% and made 327bn
954.9m drams, and without diamond production grew by 8.2% and made
325bn 138m drams.
The gross agricultural output decreased by 1.9% and made 127bn 2.5m
drams, construction decreased by 17.2% and made 171bn 420.6m drams,
retail trade circulation decreased by 11.4% and made 364bn 570.5m
drams, and services grew by 18.5% and made 244bn 812.7m drams.
The RA foreign trade circulation, as compared with January-June of
the previous year, grew by 36.5% and made 1bn 892m USD. At that,
exports grew by 20.5% and made 527m USD and imports grew by 43.9%
and made 1bn 365m USD.
Without diamonds, foreign trade circulation grew by 49.2% and made 1bn
725.9m USD, exports by 37.1% and made 445.6m USD, and imports by 53.9%
and made 1bn 280.3m USD.
In January-June, 2007, consumer prices grew by 4.5%, as compared with
January-June, 2006, and prices of industrial production by 0.3%.
In January-June, 2007, population’s monetery incomes grew by 25.2%
and made 853bn 835.8m drams, as compared with January-June 2006 and
expenditures by 23.7% and made 838bn 810.2m drams. The average monthly
nominal salary made 71.344 thousand drams (grew by 20.5%), including
that of budgetary employees 52.491 thousand drams (grew by 22.1%),
that of employees of non-budgetary institutions 88.961 thousand drams
(grew by 20.1%). In January-May this year, the average exchange rate
of one US dollar made 356.7 drams, and in the whole 2006 416.04 drams.
The number of the unemployed officially registered in Armenia, as of
late June, made 84.7 thousand people, decreasing by 6%, as compared
with the same index of the previous year.