Industrial production in Armenia increased 3.9 percent year-on-year in October of 2021, recovering from a 1.2 percent drop in the previous month and a 5.2 percent fall in August. source: National Statistical Service of the Republic of Armenia

Industrial Production in Armenia averaged 2.79 percent from 1999 until 2021, reaching an all time high of 31.70 percent in January of 1999 and a record low of -20.90 percent in June of 2000. This page provides the latest reported value for - Armenia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Industrial Production in Armenia is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Industrial Production is projected to trend around 5.00 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Armenia Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2021-10-25 08:00 AM Sep -1.2% -5.2% -6%
2021-11-25 08:00 AM Oct 3.9% -1.2% 12.7%
2021-12-27 08:00 AM Nov 3.9%

Related Last Previous Unit Reference
Industrial Production 3.90 -1.20 percent Oct/21
Industrial Production Mom 5.90 0.60 percent Sep/21
Manufacturing Production -1.70 -1.20 percent Aug/21
Leading Economic Index 3.60 2.40 percent Oct/21
Changes In Inventories 65591.00 55758.10 AMD Million Sep/21
Mining Production -18.00 8.40 percent Aug/21
Armenia Industrial Production
In Armenia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 61 percent of total production. The biggest segments within manufacturing are: food products (20 percent); metals (11 percent); tobacco (9 percent); and drinks (7 percent). Electricity, gas, steam and air conditioning supply accounts for 20 percent of total output, mining and quarrying for 18 percent and water supply, sewerage, waste management and remediation for 1 percent.