Industrial Production in Armenia increased 3.20 percent in October of 2020 over the previous month. source: National Statistical Service of the Republic of Armenia

Industrial Production Mom in Armenia averaged 1 percent from 1998 until 2020, reaching an all time high of 32.10 percent in December of 2001 and a record low of -46.10 percent in January of 2019. This page provides - Armenia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Industrial Production MoM - values, historical data and charts - was last updated on February of 2021.

Industrial Production Mom in Armenia is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Armenia to stand at 7.50 in 12 months time. In the long-term, the Armenia Industrial Production MoM is projected to trend around 5.00 percent in 2021, according to our econometric models.

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Armenia Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.10 32.10 -46.10 1998 - 2020 percent Monthly
Current Prices, NSA

Armenia Business Last Previous Highest Lowest Unit
Industrial Production -10.80 -5.80 31.70 -20.90 percent [+]
Industrial Production Mom 3.20 3.10 32.10 -46.10 percent [+]
Manufacturing Production 17.70 4.60 29.40 -16.20 percent [+]
Leading Economic Index -7.50 -8.80 17.20 -16.30 percent [+]
Internet Speed 5182.66 5738.74 5738.74 295.56 KBps [+]
IP Addresses 297303.00 242616.00 371675.00 4787.00 IP [+]
Mining Production 2.10 -3.50 91.00 -29.10 percent [+]
Ease of Doing Business 47.00 41.00 61.00 38.00 [+]
Corruption Index 49.00 42.00 49.00 25.00 Points [+]
Corruption Rank 60.00 77.00 129.00 60.00 [+]
Changes In Inventories -2415.00 33229.40 107360.30 -16889.40 AMD Million [+]
Competitiveness Index 61.28 59.86 61.28 3.71 Points [+]
Competitiveness Rank 69.00 70.00 98.00 69.00 [+]


Armenia Industrial Production MoM
In Armenia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.