Armenia’s economic activity expanded by 14% year-on-year in December 2025, accelerating from an 11.5% rise in November. Industrial output surged (38.6% vs 31.7% in November), while construction activity (20.5% vs 17.2%) and trade turnover (3.2% vs 1.5%) also strengthened. Meanwhile, services growth slowed (6.9% vs 11.2%). On a monthly basis, overall economic activity recorded a strong increase of 23.4%, following a modest 0.3% rise in November. For the full year 2025, Armenia’s economy grew 9.1%, reflecting broad-based expansion across industry, construction, and trade. source: National Statistical Service of the Republic of Armenia

Leading Economic Index Armenia increased 14 percent in December of 2025 over the same month in the previous year. Leading Economic Index in Armenia averaged 5.88 percent from 2012 until 2025, 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 February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-25 08:00 AM
Economic Activity YoY
Nov 10.4% 10.1% 12.0%
2026-01-30 08:00 AM
Economic Activity YoY
Dec 14% 11.5% 7.0%
2026-02-25 08:00 AM
Economic Activity YoY
Jan 14%


Related Last Previous Unit Reference
Changes in Inventories 87641.10 60275.30 AMD Million Sep 2025
Industrial Production YoY 38.60 31.70 percent Dec 2025
Industrial Production Mom 25.00 12.80 percent Dec 2025
Economic Activity YoY 14.00 11.50 percent Dec 2025
Manufacturing Production 36.20 20.80 percent Nov 2025
Mining Production 36.50 15.90 percent Nov 2025


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
14.00 11.50 23.40 -16.70 2012 - 2025 percent Monthly
NSA

News Stream
Armenia Leading Index Grows 14%
Armenia’s economic activity expanded by 14% year-on-year in December 2025, accelerating from an 11.5% rise in November. Industrial output surged (38.6% vs 31.7% in November), while construction activity (20.5% vs 17.2%) and trade turnover (3.2% vs 1.5%) also strengthened. Meanwhile, services growth slowed (6.9% vs 11.2%). On a monthly basis, overall economic activity recorded a strong increase of 23.4%, following a modest 0.3% rise in November. For the full year 2025, Armenia’s economy grew 9.1%, reflecting broad-based expansion across industry, construction, and trade.
2026-01-30
Armenia Leading Index Accelerates Slightly
Armenia’s economic activity expanded by 10.4% year-on-year in November 2025, a bit faster than a 10.1% increase in the previous month. Industrial output picked up sharply (31.7% vs 17.9% in October), while retail turnover also strengthened (1.5% vs 1.0%). On the other hand, construction activity moderated (17.2% vs 20.1%), and services growth eased marginally (11.2% vs 12.8%). On a monthly basis, overall economic activity edged down 0.1%, following a steeper 4.0% decline in October. Over the January–November period, economic activity rose 8.3% compared with the same period a year earlier.
2025-12-25
Armenia Economic Activity Growth Eases in October
Armenia’s economic activity rose 10.1% year-on-year in October 2025, easing from an upwardly revised 11.1 growth in the previous month. Construction activity eased to 20.1% from 22% in September. In contrast, industrial output accelerated to 17.9% from 10.1%, while services increased by 12.8% compared with 9.9%. Trade activity also inched up, rising 1% from 0.9%. On a monthly basis, overall economic activity declined by 4%, reversing a 9.8% expansion in September. From the January-October period, overall economic activity was 8.1% higher than in the same period last year.
2025-11-25