Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Currency 377.51 377 375 373 372

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Annual Growth Rate (%) 6.20 4.1 4.5 5 4.2
Unemployment Rate (%) 11.80 13.5 13.3 13 12.8
Inflation Rate (%) 3.80 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 (%) 6.20 4.1 4.5 5 4.2
GDP Constant Prices (AMD Million) 3017467.80 2139828 2517836 3168341 3144201
Gross Fixed Capital Formation (AMD Million) 594423.50 342991 535310 624145 619389
GDP from Utilities (AMD Million) 69309.60 89005 61653 72775 72221
GDP from Services (AMD Million) 71307.80 52092 68388 74873 74303
GDP from Mining (AMD Million) 84770.10 65953 84007 89009 88330
GDP from Transport (AMD Million) 98551.80 69712 78774 103479 102691
GDP from Public Administration (AMD Million) 112003.90 79719 109518 117604 116708
GDP from Construction (AMD Million) 263729.90 82255 167036 276916 274807
GDP from Manufacturing (AMD Million) 276438.00 159213 240880 290260 288048
GDP from Agriculture (AMD Million) 337675.40 72062 159082 354559 351858
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 (%) 3.80 3.7 3.8 4 4.2
Consumer Price Index CPI (points) 166.96 167 167 167 171
Core Inflation Rate (%) 4.30 2.5 2.5 1.5 2.1
Producer Prices (points) 133.30 131 133 134 138
Producer Prices Change (%) 6.50 4 3.9 3.5 3.3
Food Inflation (%) 5.90 3.2 3 2 2.6

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 (%) 38.60 15 3.2 4.8 4.8

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Retail Sales YoY (%) 3.20 -1 -1 2.8 4
Consumer Credit (AMD Million) 5126239.85 4599597 4827676 5107368 5341542
Consumer Spending (AMD Million) 2086837.60 1830480 1915675 2191179 2174485

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