Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Currency 369.65 370 368 366 365

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 9.80 4.5 5 4.2 4.4
Unemployment Rate (%) 13.10 13.3 13 12.8 12.8
Inflation Rate (%) 4.50 5.2 4.9 4.5 4
Interest Rate (%) 6.50 6.5 6.5 6.5 6.25
Current Account to GDP (% of GDP) 2.80 -3.3
Government Debt to GDP (% of GDP) 50.30 49.5
Government Budget (% of GDP) -3.70 -1.5

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 9.80 4.5 5 4.2 4.4
GDP Constant Prices (AMD Million) 3442589.00 2517836 3168341 3587178 3594063
Gross Fixed Capital Formation (AMD Million) 987539.60 535310 624145 1029016 1030991
GDP from Utilities (AMD Million) 84983.30 61653 72775 88553 88723
GDP from Mining (AMD Million) 91759.30 84007 89009 95613 95797
GDP from Transport (AMD Million) 110441.50 78774 103479 115080 115301
GDP from Public Administration (AMD Million) 124575.70 109518 117604 129808 130057
GDP from Agriculture (AMD Million) 278433.00 159082 354559 290127 290684
GDP from Construction (AMD Million) 368812.50 167036 276916 384303 385040
GDP from Manufacturing (AMD Million) 396005.10 240880 290260 412637 413429
GDP from Services (AMD Million) 64724.70 68388 74873 67443 67573
GDP (USD Billion) 25.79 26.95
GDP per Capita (USD) 5378.32 5620
GDP per Capita PPP (USD) 20078.78 20982
Full Year GDP Growth (%) 5.90 4.5

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 13.10 13.3 13 12.8 12.8
Population (Million) 2.99 3.1

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 4.50 5.2 4.9 4.5 4
Consumer Price Index CPI (points) 168.97 169 168 171 176
Core Inflation Rate (%) 4.70 2.5 1.5 2.1 2.1
Producer Prices (points) 137.90 141 144 146 149
Producer Prices Change (%) 9.50 10 11.5 9.6 8
Food Inflation (%) 7.80 8.5 9 8.9 8

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 6.50 6.5 6.5 6.5 6.25
Deposit Interest Rate (%) 5.00 5 5 5 4.75
Lending Rate (%) 8.00 8 8 8 7.75

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Industrial Production (%) 7.00 3.2 4.8 4.8 4.8

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Retail Sales YoY (%) 0.20 0.5 2.8 4 2
Consumer Credit (AMD Million) 5304308.44 4827676 5107368 5341542 5537698
Consumer Spending (AMD Million) 2297866.50 1918216 2192957 2394377 2398973

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Current Account to GDP (% of GDP) 2.80 -3.3

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 50.30 49.5
Government Budget (% of GDP) -3.70 -1.5