Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Currency 377.44 377 375 373 372

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Annual Growth Rate (%) 9.80 4.1 4.5 5 4.2
Unemployment Rate (%) 11.80 13.5 13.3 13 12.8
Inflation Rate (%) 4.30 3.7 3.8 4 4.2
Interest Rate (%) 6.50 6.5 6.5 6.25 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) -3.15 -1.5

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Annual Growth Rate (%) 9.80 4.1 4.5 5 4.2
GDP Constant Prices (AMD Million) 3442589.00 2139828 2517836 3168341 3587178
Gross Fixed Capital Formation (AMD Million) 987539.60 342991 535310 624145 1029016
GDP from Utilities (AMD Million) 84983.30 89005 61653 72775 88553
GDP from Mining (AMD Million) 91759.30 65953 84007 89009 95613
GDP from Transport (AMD Million) 110441.50 69712 78774 103479 115080
GDP from Public Administration (AMD Million) 124575.70 79719 109518 117604 129808
GDP from Agriculture (AMD Million) 278433.00 72062 159082 354559 290127
GDP from Services (AMD Million) 64724.70 52092 68388 74873 67443
GDP from Construction (AMD Million) 368812.50 82255 167036 276916 384303
GDP from Manufacturing (AMD Million) 396005.10 159213 240880 290260 412637
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 Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 11.80 13.5 13.3 13 12.8
Population (Million) 2.99 3.1

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 4.30 3.7 3.8 4 4.2
Consumer Price Index CPI (points) 167.80 167 167 167 171
Core Inflation Rate (%) 4.70 2.5 2.5 1.5 2.1
Producer Prices (points) 135.90 139 138 135 138
Food Inflation (%) 6.50 3.2 3 2 2.6
Producer Prices Change (%) 8.60 10.4 7.9 4.5 3.3

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

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Industrial Production (%) 10.60 15 3.2 4.8 4.8

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Retail Sales YoY (%) 0.70 0.5 -1 2.8 4
Consumer Spending (AMD Million) 2297866.50 1832466 1918216 2192957 2394377
Consumer Credit (AMD Million) 5186588.93 4599597 4827676 5107368 5341542

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

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Debt to GDP (% of GDP) 50.30 49.5
Government Budget (% of GDP) -3.15 -1.5