Industrial Production in Armenia increased 8.10 percent in October of 2018 over the same month in the previous year. Industrial Production in Armenia averaged 2.68 percent from 1999 until 2018, 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.

Industrial Production in Armenia is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Armenia to stand at 3.30 in 12 months time. In the long-term, the Armenia Industrial Production is projected to trend around 8.40 percent in 2020, according to our econometric models.

Armenia Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-20 08:00 AM Industrial Production YoY 7.3% 5.6% 6%
2018-09-20 08:00 AM Industrial Production YoY 5.4% 7.3% 7.5%
2018-10-22 08:00 AM Industrial Production YoY 0.9% 5.4% 8.3%
2018-11-20 08:00 AM Industrial Production YoY 8.1% 0.9% 7.9%
2018-12-20 08:00 AM Industrial Production YoY 8.1% 7.4%
2019-01-25 08:00 AM Industrial Production YoY 7.20%
2019-02-20 08:00 AM Industrial Production YoY


Armenia Business Last Previous Highest Lowest Unit
Industrial Production 8.10 0.90 31.70 -20.90 percent [+]
Industrial Production Mom 11.00 0.90 32.10 -33.80 percent [+]
Manufacturing Production 11.40 9.20 29.40 -14.20 percent [+]
Leading Economic Index 3.00 -0.20 17.20 -7.70 percent [+]
Internet Speed 5182.66 5738.74 5738.74 295.56 KBps [+]
IP Addresses 297303.00 242616.00 371675.00 4787.00 IP [+]
Mining Production -29.10 -8.70 91.00 -29.10 percent [+]
Ease of Doing Business 41.00 47.00 61.00 38.00 [+]
Corruption Index 35.00 33.00 37.00 25.00 Points [+]
Corruption Rank 107.00 113.00 129.00 76.00 [+]
Changes In Inventories 92324.10 98535.00 112000.00 -16889.40 AMD Million [+]
Competitiveness Index 59.86 58.85 59.86 3.71 Points [+]
Competitiveness Rank 70.00 72.00 98.00 70.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.10 0.90 31.70 -20.90 1999 - 2018 percent Monthly




Country Last Previous
Argentina -6.80 Oct/18
Australia 2.80 Sep/18
Brazil 1.10 Oct/18
Canada 2.76 Aug/18
China 5.40 Nov/18
Euro Area 1.20 Oct/18
France -0.70 Oct/18
Germany 1.60 Oct/18
India 8.10 Oct/18
Indonesia 1.50 Sep/18
Italy 1.00 Oct/18
Japan 4.20 Oct/18
Mexico 1.00 Oct/18
Netherlands 0.80 Oct/18
Russia 3.70 Oct/18
Saudi Arabia 5.84 Jun/18
Singapore 4.30 Oct/18
South Africa 3.00 Oct/18
South Korea 10.70 Oct/18
Spain 0.80 Oct/18
Switzerland 1.40 Sep/18
Turkey -2.70 Sep/18
United Kingdom -0.80 Oct/18
United States 4.10 Oct/18


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