Armenia's economic activity expanded 7.3 percent year-on-year in May 2019, after an upwardly revised 9.5 percent advance in the previous month. Output growth slowed for industry (10.2 percent vs 13.2 percent in April); services (14.8 percent vs 16.2 percent) and retail trade (4.9 percent vs 9.0 percent). In contrast, construction rose slightly faster (2 percent vs 1.8 percent). Leading Economic Index in Armenia averaged 5 percent from 2012 until 2019, reaching an all time high of 17.20 percent in October of 2017 and a record low of -7.70 percent in October of 2016.

Leading Economic Index in Armenia is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Armenia to stand at 11.50 in 12 months time. In the long-term, the Armenia Economic Activity Index is projected to trend around 12.80 percent in 2020, according to our econometric models.

Armenia Economic Activity Index
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-25 08:00 AM Economic Activity YoY Feb 7.6% 5.5% 5.6%
2019-04-25 08:00 AM Economic Activity YoY Mar 6.2% 7.6% 7.7%
2019-05-27 08:00 AM Economic Activity YoY Apr 9.2% 5.8% 5.7%
2019-06-25 08:00 AM Economic Activity YoY May 7.3% 9.5% 8.1%
2019-07-25 08:00 AM Economic Activity YoY Jun 7.3% 5.1%
2019-08-26 08:00 AM Economic Activity YoY Jul
2019-09-25 08:00 AM Economic Activity YoY Aug


Armenia Business Last Previous Highest Lowest Unit
Industrial Production 10.20 13.20 31.70 -20.90 percent [+]
Industrial Production Mom 16.10 8.90 32.10 -33.80 percent [+]
Manufacturing Production 1.80 10.80 29.40 -14.20 percent [+]
Leading Economic Index 7.30 9.50 17.20 -7.70 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 0.80 -4.40 91.00 -29.10 percent [+]
Ease of Doing Business 41.00 47.00 61.00 38.00 [+]
Corruption Index 35.00 35.00 37.00 25.00 Points [+]
Corruption Rank 105.00 107.00 129.00 76.00 [+]
Changes In Inventories 53563.40 51844.50 112000.00 -16889.40 AMD Million [+]
Competitiveness Index 59.86 58.85 59.86 3.71 Points [+]
Competitiveness Rank 70.00 72.00 98.00 70.00 [+]


Armenia Economic Activity Index

In Armenia, the Economic Activity Index is a composite indicator that estimates the activity of the different economic sectors in a given month. It is presented in previous year prices. This page provides - Armenia Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Economic Activity Index - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.30 9.50 17.20 -7.70 2012 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 0.90 May/19
Australia -0.10 Jun/19
Brazil 0.54 May/19
Canada 0.30 Apr/19
Japan 95.20 May/19
Mexico -1.40 Apr/19
Russia 0.70 Jun/19
Singapore 109.30 Mar/19
South Africa 0.70 Apr/19
South Korea 114.40 May/19
Turkey 1.73 May/19
United Kingdom 0.30 May/19
United States 127.88 May/19


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