Industrial production in Armenia eased sharply to 7.0% year-on-year in March 2026, marking a seven-month low after a 23.8% surge in the previous month. On a monthly basis, industrial output fell by 2.0%, reversing from a 12.2% increase in February. In the first three months of the year, industrial production rose 13.4% compared with the same period last year. source: National Statistical Service of the Republic of Armenia

Industrial Production in Armenia increased 7 percent in March of 2026 over the same month in the previous year. Industrial Production in Armenia averaged 3.37 percent from 1999 until 2026, reaching an all time high of 38.60 percent in December of 2025 and a record low of -26.70 percent in February of 2025. 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 May of 2026.

Industrial Production in Armenia increased 7 percent in March of 2026 over the same month in the previous year. Industrial Production in Armenia is expected to be 3.20 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 2.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-25 02:00 PM
Industrial Production YoY
Feb 23.8% 10.6% 19.0%
2026-04-27 08:00 AM
Industrial Production YoY
Mar 7.0% 23.8% 15%
2026-05-25 08:00 AM
Industrial Production YoY
Apr 7.0%


Related Last Previous Unit Reference
Changes in Inventories 95542.00 94571.70 AMD Million Dec 2025
Industrial Production YoY 7.00 23.80 percent Mar 2026
Industrial Production Mom -2.00 12.20 percent Mar 2026
Economic Activity YoY 6.60 7.20 percent Mar 2026
Manufacturing Production 1.30 23.80 percent Mar 2026
Mining Production 28.00 67.00 percent Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 23.80 38.60 -26.70 1999 - 2026 percent Monthly

News Stream
Armenia Industrial Output Hits All-Time High
Industrial production in Armenia surged by 38.6% year-on-year in December 2025, accelerating from a 31.7% increase in the previous month. This marked the strongest growth since records began in 1999. On a monthly basis, industrial production climbed to 25% from 12.8% in November, reaching its highest level since November 2023. For the full year 2025, industrial production increased by 4.7% compared with the previous year.
2026-01-30
Armenia Industrial Output Growth at Near 2-Year High
Industrial production in Armenia surged 31.7% year-on-year in November 2025, sharply accelerating from a 17.9% increase in the previous month and marking the strongest annual growth since February 2024. On a month-on-month basis, output rose 12.8%, easing from October’s 20.8% jump, which was the highest in nearly two years. Over the January–November period, industrial production increased marginally by 0.5% compared with the same period a year earlier.
2025-12-25