Construction output in Armenia increased 4.80 percent in November of 2019 over the same month in the previous year.

Construction Output in Armenia averaged -1.95 percent from 2011 until 2019, reaching an all time high of 25.10 percent in February of 2018 and a record low of -32.20 percent in July of 2011. This page provides - Armenia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction Output in Armenia is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Armenia to stand at 1.70 in 12 months time. In the long-term, the Armenia Construction Output is projected to trend around 2.50 percent in 2020, according to our econometric models.

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Armenia Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
4.80 5.10 25.10 -32.20 2011 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-09-25 08:00 AM Construction Output YoY Aug 3.9% 4.1% 3.6%
2019-10-25 08:00 AM Construction Output YoY Sep 4.2% 3.9% 4.7%
2019-11-25 08:00 AM Construction Output YoY Oct 5.1% 4.2% 3.5%
2019-12-26 08:00 AM Construction Output YoY Nov 4.8% 5.1% 4.7%
2020-01-31 08:00 AM Construction Output YoY Dec 4.8% 3.5%

Armenia Construction Output
In Armenia, construction output refers to the year over year change in the volume of construction work done.

Armenia Housing Last Previous Highest Lowest Unit
Construction Output 4.80 5.10 25.10 -32.20 percent [+]