MACROECONOMIC INDICATORS DOWN IN ARMENIA
Information-Analytic Agency NEWS.am
Sept 18 2009
Armenia
The RA Statistical Service has published the macroeconomic indicators
of Armenia.
According to the report, an 18.4% economic decline was recorded
in the country this January-August. Armenia’s GDP totaled 1,716.8m
AMD GDP, and the number of unemployed reached 83,800 (an increase
of 10.8%). All the economic sectors recorded a decrease in output,
with a considerable decline recorded in the construction sector –
52.6%. In the other sectors the situation was as follows: industry
(11.9%); services (1.4%); agriculture (1.5%).
This January-April, Armenia’s foreign trade turnover showed a decrease
of 29.9%, with a 41.1% decrease in exports and 27% decrease in imports.