Armenia’s economic activity jumped 11.7% year-on-year in May 2026, up from 7.1% in the previous month. The latest figure marked the largest growth since December 2025, driven by expansions in construction (27.1% vs 24.7% in April) and services (14.7% vs 8.2%). On the other hand, growth slowed in industry (9.5% vs 11.7%), while trade activity stagnated after a 0.1% rise in April. On a monthly basis, overall economic activity rose 1.2%, easing from a 6.0% jump in the preceding period. In the January-May period, economic activity was 8.0% higher than in the same period last year. source: National Statistical Service of the Republic of Armenia

Leading Economic Index Armenia increased 11.70 percent in May of 2026 over the same month in the previous year. Leading Economic Index in Armenia averaged 5.94 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 June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-25 08:00 AM
Economic Activity YoY
Apr 7.1% 6.6% 3.2%
2026-06-25 08:00 AM
Economic Activity YoY
May 11.7% 7.1% 4.0%
2026-07-27 08:00 AM
Economic Activity YoY
Jun 11.7%


Related Last Previous Unit Reference
Changes in Inventories -14943.90 95542.00 AMD Million Mar 2026
Industrial Production YoY 9.50 11.70 percent May 2026
Industrial Production Mom 1.20 -0.20 percent May 2026
Economic Activity YoY 11.70 7.10 percent May 2026
Manufacturing Production 7.10 1.30 percent Apr 2026
Mining Production 31.80 28.00 percent Apr 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
11.70 7.10 23.40 -16.70 2012 - 2026 percent Monthly
NSA

News Stream
Armenia Economic Activity Growth at 5-Month High
Armenia’s economic activity jumped 11.7% year-on-year in May 2026, up from 7.1% in the previous month. The latest figure marked the largest growth since December 2025, driven by expansions in construction (27.1% vs 24.7% in April) and services (14.7% vs 8.2%). On the other hand, growth slowed in industry (9.5% vs 11.7%), while trade activity stagnated after a 0.1% rise in April. On a monthly basis, overall economic activity rose 1.2%, easing from a 6.0% jump in the preceding period. In the January-May period, economic activity was 8.0% higher than in the same period last year.
2026-06-25
Armenia Economic Activity Growth Accelerates in April
Armenia’s economic activity increased 7.1% year-on-year in April 2026, accelerating from a 6.6% rise in March. The increase is driven by expansions in several key sectors, including industry (11.7% vs 7.0% in March), construction (24.7% vs 24.0%), and services (9.1% vs 7.8%). In contrast, trade activity slowed further, rising just 0.1% compared with 0.2% in the previous month. On a monthly basis, overall economic activity grew 6.0% in April, easing from an 11.9% increase in March. In the January-April period, economic activity was 6.9% higher than in the same period last year.
2026-05-25
Armenia Economic Activity Growth at 11-Month Low
Armenia’s economic activity rose by 6.6% year-on-year in March 2026, slowing from a 7.2% increase in the previous month, marking the lowest level since April 2025. Growth eased for industrial output (7.0% vs 23.8% in February) and trade turnover (0.2% vs 5.6%). In contrast, construction activity continued to gain traction, accelerating to 24.0% from 21.8%, while services also picked up, expanding 7.8% compared with 7.0% in the prior month. On a monthly basis, overall economic activity increased by 11.6%, following a 4.6% rise in February. In the January-March period, Armenia’s economic activity was 7.1% higher than in the same period last year.
2026-04-27