Manufacturing Production in Armenia decreased 9.40 percent in May of 2020 over the same month in the previous year.

Manufacturing Production in Armenia averaged 7.65 percent from 2011 until 2020, reaching an all time high of 29.40 percent in May of 2017 and a record low of -16.20 percent in April of 2020. This page provides - Armenia Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Manufacturing Production - values, historical data and charts - was last updated on August of 2020.

Manufacturing Production in Armenia is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Armenia to stand at 6.50 in 12 months time. In the long-term, the Armenia Manufacturing Production is projected to trend around 9.50 percent in 2021 and 8.50 percent in 2022, according to our econometric models.

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Armenia Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
-9.40 -16.20 29.40 -16.20 2011 - 2020 percent Monthly

Armenia Business Last Previous Highest Lowest Unit
Industrial Production -2.40 -3.90 31.70 -20.90 percent [+]
Industrial Production Mom 6.30 11.90 32.10 -46.10 percent [+]
Manufacturing Production -9.40 -16.20 29.40 -16.20 percent [+]
Leading Economic Index -7.50 -12.80 17.20 -16.30 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 21.10 27.60 91.00 -29.10 percent [+]
Ease of Doing Business 47.00 41.00 61.00 38.00 [+]
Corruption Index 42.00 35.00 42.00 25.00 Points [+]
Corruption Rank 77.00 105.00 129.00 76.00 [+]
Changes In Inventories 84.80 64921.50 112000.00 -16889.40 AMD Million [+]
Competitiveness Index 61.28 59.86 61.28 3.71 Points [+]
Competitiveness Rank 69.00 70.00 98.00 69.00 [+]