Armenia’s economic activity eased to 6.5% year-on-year in August 2026 from a downwardly revised 7.5% increase in the previous month and marking the lowest reading since March 2025. The slowdown was driven by a contraction in industrial output, which fell 4.3% year-on-year, compared with a 3.1% increase in July. Meanwhile, growth in construction output slowed to 23.8% from 26.5%, while trade turnover rose 0.1% after declining 0.1% in July. Services growth also eased to 11.4% from 17.0%. On a monthly basis, economic activity increased 4.5% in August, following a 4.6% rise in July. For the January–August period, overall economic activity was 7.3% higher than in the corresponding period a year earlier. source: National Statistical Service of the Republic of Armenia

Leading Economic Index Armenia increased 5.20 percent in August of 2026 over the same month in the previous year. Leading Economic Index in Armenia averaged 5.95 percent from 2012 until 2026, reaching an all time high of 23.40 percent in April of 2021 and a record low of -16.70 percent in April of 2020. This page provides - Armenia Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Economic Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-25 08:00 AM
Economic Activity YoY
Jul 6.5% 7.4% 7.6%
2026-09-25 08:00 AM
Economic Activity YoY
Aug 5.2% 6.5% 6.2%
2026-10-26 08:00 AM
Economic Activity YoY
Sep 5.2%


Related Last Previous Unit Reference
Changes in Inventories 60474.40 1799.50 AMD Million Jun 2026
Industrial Production YoY -4.30 3.10 percent Aug 2026
Industrial Production Mom 1.90 5.50 percent Aug 2026
Economic Activity YoY 5.20 6.50 percent Aug 2026
Manufacturing Production -6.80 5.90 percent Aug 2026
Mining Production 11.60 14.40 percent Aug 2026


Armenia Economic Activity Index
In Armenia, the Economic Activity Index is a composite indicator that estimates the activity of the different economic sectors in a given month. It is presented in previous year prices.
Actual Previous Highest Lowest Dates Unit Frequency
5.20 6.50 23.40 -16.70 2012 - 2026 percent Monthly
NSA

News Stream
Armenia Economic Activity Growth Slows Further in August
Armenia’s economic activity eased to 6.5% year-on-year in August 2026 from a downwardly revised 7.5% increase in the previous month and marking the lowest reading since March 2025. The slowdown was driven by a contraction in industrial output, which fell 4.3% year-on-year, compared with a 3.1% increase in July. Meanwhile, growth in construction output slowed to 23.8% from 26.5%, while trade turnover rose 0.1% after declining 0.1% in July. Services growth also eased to 11.4% from 17.0%. On a monthly basis, economic activity increased 4.5% in August, following a 4.6% rise in July. For the January–August period, overall economic activity was 7.3% higher than in the corresponding period a year earlier.
2026-09-25
Armenia Economic Activity Growth Slows to 15-Month Low
Armenia’s economic activity eased to 6.5% year-on-year in July 2026 from a downwardly revised 7.4% increase in the previous month. This marked the lowest reading since April 2025, as growth moderated in industrial production (3.1% vs. 4.1% in June), while retail sales remained unchanged at -0.1%. Meanwhile, growth in construction output accelerated to 26.5% from 25.4%. On a monthly basis, economic activity rose by 4.6%, following a 4.3% increase in June. For the January–July period, overall economic activity was 7.7% higher than in the corresponding period a year earlier.
2026-08-25
Armenia Economic Activity Growth Slows in June
Armenia’s economic activity rose 7.7% year-on-year in June 2026, slowing from an 11.7% increase in May, which marked the highest growth since December 2025. Growth moderated in industrial production (4.0% vs 9.5% in May) and construction output (25.4% vs 27.1%). In addition, retail sales edged down 0.1%, after being flat in the previous month. Meanwhile, the volume of services except trade continued to rise, climbing 19.7% following a 14.7% increase. On a monthly basis, economic activity increased 4.4%, easing from a 9.9% growth in May. For the first half of the year, overall economic activity was 7.9% higher than in the corresponding period a year earlier.
2026-07-27