According to the main macro-economic indicators released by the National Statistical Committee, Armenia’s economic activity increased by 5.8% in January-December 2018 compared to the same period of 2017. The December growth was 6.4% compared to against the previous year.
Decline was recorded in the gross agricultural output.
As of January-December 2018, the growth in the construction sector comprised 4.5%. The electricity production volume increased by 0.2% compared to the same period of 2017.
The observed growth in the services sector (trade excluded) was by 18.8%.
The gross agricultural output declined by 7.6%