08/02/2021 14:03
Armenia’s economic decline in 2020 makes 7,5%
The economic decline in Armenia in 2020 made 7,5%, Armenia’s Statistics Committee reports.
The consumer prices in the republic have grown by 1,2%.
The volume of the industrial production reduces by 0,9% making 2 trillion 70 billion 286.5 million AMD.
The production of gross agricultural product grew by 1,4% making 819 billion 311.9 million AMD.
The construction sector recorded 9,5% reduction making 413 billion 830,9 million AMD.
The trade sector recorded 14% reduction making 2 trillion 858 billion 57.8 million AMD.
The service sector too recorded 14,7% decline making 1 trillion 708 billion 450.8 million AMD.
The production of electricity grew by 1,2% making 7 billion 723,4 million kilowatt/hour.