National accounts
Republic of Armenia — National accounts
“National accounts” is a section of BusinessDaily.am’s “Armenia in Numbers” reference: 9 tables, 144 indicators for the Republic of Armenia.
Period: January–August / end of August 2026.
Source: Statistical Committee of the Republic of Armenia.
Tables in this group
Economic activity indicator (EAI)GDP by production approach: current prices and structure, 2026GDP by production approach: previous-year prices and volume indices, 2026GDP volume indices by economic activity, 2026, %GDP by main groups of economic activity, 2026GDP (at market prices) per capitaGDP by expenditure approach: current prices and structure, 2026GDP by expenditure approach: previous-year prices and volume indices, 2026GDP volume indices by expenditure component, 2026, %Economic activity indicator (EAI)
| Month | Chain indices, 2023=100 | Chain indices, seasonally adjusted, 2023=100 | Chain indices, 2024=100 | To previous month, % | To previous month, seasonally adjusted, % | To same month of previous year, % | To same period of previous year, cumulative, % |
|---|---|---|---|---|---|---|---|
| January 2025 | 81.5 | 113.2 | 75.2 | 55.1 | 103.5 | 107.6 | 107.6 |
| February 2025 | 85.4 | 113.1 | 78.8 | 104.8 | 100.0 | 101.4 | 104.3 |
| March 2025 | 95.9 | 114.8 | 88.5 | 112.3 | 101.5 | 103.6 | 104.1 |
| April 2025 | 101.2 | 115.1 | 93.4 | 105.5 | 100.3 | 106.4 | 104.7 |
| May 2025 | 106.6 | 116.2 | 98.4 | 105.4 | 101.0 | 111.3 | 106.1 |
| June 2025 | 115.5 | 117.3 | 106.6 | 108.3 | 100.9 | 109.2 | 106.7 |
| July 2025 | 121.8 | 117.9 | 112.4 | 105.5 | 100.5 | 109.3 | 107.2 |
| August 2025 | 128.8 | 119.0 | 118.9 | 105.8 | 100.9 | 108.2 | 107.3 |
| September 2025 | 140.8 | 120.1 | 129.9 | 109.3 | 100.9 | 110.8 | 107.8 |
| October 2025 | 136.2 | 120.6 | 125.7 | 96.7 | 100.5 | 110.7 | 108.1 |
| November 2025 | 136.7 | 121.7 | 126.1 | 100.3 | 100.9 | 111.5 | 108.5 |
| December 2025 | 169.0 | 123.4 | 156.0 | 123.7 | 101.4 | 114.2 | 109.1 |
| January 2026 | 87.1 | 121.5 | 80.4 | 51.5 | 98.5 | 106.9 | 106.9 |
| February 2026 | 91.4 | 121.6 | 84.4 | 104.9 | 100.1 | 107.1 | 107.0 |
| March 2026 | 102.4 | 122.3 | 94.5 | 112.0 | 100.6 | 106.8 | 106.9 |
| April 2026 | 108.4 | 123.5 | 100.0 | 105.9 | 101.0 | 107.2 | 107.0 |
| May 2026 | 118.8 | 128.5 | 109.6 | 109.6 | 104.0 | 111.4 | 108.0 |
| June 2026 | 124.0 | 125.5 | 114.4 | 104.3 | 97.6 | 107.4 | 107.9 |
| July 2026 | 129.7 | 126.0 | 119.7 | 104.6 | 100.5 | 106.5 | 107.6 |
| August 2026 | 135.5 | 126.0 | 125.1 | 104.5 | 100.0 | 105.2 | 107.3 |
Seasonal adjustment uses the X13-ARIMA-SEATS method and Demetra+ 2.2.2 software.
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)
GDP by production approach: current prices and structure, 2026
| Indicator | current prices, million AMD, Q1 | current prices, million AMD, Q2 | GDP structure, %, Q1 | GDP structure, %, Q2 |
|---|---|---|---|---|
| Gross domestic product (at market prices) | 2 331 820.5 | 2 834 894.2 | 100.0 | 100.0 |
| Taxes on products (less subsidies) | 286 809.9 | 311 062.4 | 12.3 | 11.0 |
| Gross value added (at basic prices) | 2 045 010.6 | 2 523 831.8 | 87.7 | 89.0 |
| FISIM | −85 935.9 | −93 633.8 | −3.7 | −3.3 |
| A Agriculture, forestry and fishing | 72 471.3 | 187 270.0 | 3.1 | 6.6 |
| B Mining and quarrying | 115 013.7 | 139 601.7 | 4.9 | 4.9 |
| C Manufacturing | 176 904.4 | 230 550.0 | 7.6 | 8.1 |
| D Electricity, gas, steam and air conditioning supply | 81 672.4 | 51 397.0 | 3.5 | 1.8 |
| E Water supply, sewerage, waste management and remediation | 8 176.8 | 10 782.8 | 0.4 | 0.4 |
| F Construction | 90 370.2 | 153 509.1 | 3.9 | 5.4 |
| G Wholesale and retail trade; repair of motor vehicles and motorcycles | 339 430.0 | 414 313.3 | 14.6 | 14.6 |
| H Transportation and storage | 90 262.7 | 112 303.9 | 3.9 | 4.0 |
| I Accommodation and food service activities | 53 431.8 | 69 663.5 | 2.3 | 2.5 |
| J Information and communication | 159 500.2 | 185 751.7 | 6.8 | 6.6 |
| K Financial and insurance activities | 267 580.1 | 310 100.5 | 11.5 | 10.9 |
| L Real estate activities | 254 075.2 | 256 552.8 | 10.9 | 9.1 |
| M Professional, scientific and technical activities | 47 808.0 | 60 268.4 | 2.1 | 2.1 |
| N Administrative and support service activities | 25 475.3 | 34 873.0 | 1.1 | 1.2 |
| O Public administration and defence; compulsory social security | 79 704.4 | 94 851.8 | 3.4 | 3.4 |
| P Education | 59 399.4 | 73 457.0 | 2.5 | 2.6 |
| Q Human health and social work activities | 133 171.9 | 145 386.6 | 5.7 | 5.1 |
| R Arts, entertainment and recreation | 60 606.6 | 65 065.4 | 2.6 | 2.3 |
| S Other service activities | 15 040.6 | 20 948.8 | 0.6 | 0.7 |
| T Activities of households as employers; undifferentiated goods and services for own use | 851.5 | 818.3 | 0.0 | 0.0 |
Preliminary data. Data for “Financial and insurance activities” have been revised.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
GDP by production approach: previous-year prices and volume indices, 2026
| Indicator | average prices of previous year, million AMD, Q1 | average prices of previous year, million AMD, Q2 | volume index, 2025=100, %, Q1 | volume index, 2025=100, %, Q2 |
|---|---|---|---|---|
| Gross domestic product (at market prices) | 2 245 639.3 | 2 677 176.8 | 79.2 | 94.4 |
| Taxes on products (less subsidies) | 278 193.7 | 214 880.9 | 92.4 | 71.3 |
| Gross value added (at basic prices) | 1 967 445.6 | 2 462 295.9 | 77.6 | 97.2 |
| FISIM | −85 709.2 | −88 689.5 | 101.5 | 105.0 |
| A Agriculture, forestry and fishing | 71 507.7 | 134 743.6 | 32.7 | 61.7 |
| B Mining and quarrying | 93 551.1 | 106 462.9 | 107.1 | 121.9 |
| C Manufacturing | 174 365.1 | 266 461.2 | 59.2 | 90.4 |
| D Electricity, gas, steam and air conditioning supply | 76 156.6 | 47 265.0 | 121.6 | 75.5 |
| E Water supply, sewerage, waste management and remediation | 8 580.6 | 10 016.6 | 93.2 | 108.7 |
| F Construction | 81 474.5 | 164 046.8 | 43.7 | 88.1 |
| G Wholesale and retail trade; repair of motor vehicles and motorcycles | 322 602.6 | 385 180.3 | 79.1 | 94.4 |
| H Transportation and storage | 89 075.8 | 110 542.3 | 84.6 | 105.0 |
| I Accommodation and food service activities | 54 983.7 | 74 241.0 | 86.8 | 117.2 |
| J Information and communication | 161 923.7 | 188 694.9 | 97.9 | 114.1 |
| K Financial and insurance activities | 263 018.6 | 307 702.8 | 95.7 | 112.0 |
| L Real estate activities | 235 863.7 | 250 422.3 | 94.1 | 99.9 |
| M Professional, scientific and technical activities | 47 374.4 | 60 860.4 | 88.3 | 113.4 |
| N Administrative and support service activities | 25 102.1 | 35 024.7 | 85.3 | 119.0 |
| O Public administration and defence; compulsory social security | 82 438.9 | 113 318.2 | 76.2 | 104.7 |
| P Education | 60 698.3 | 68 926.2 | 90.5 | 102.7 |
| Q Human health and social work activities | 128 388.0 | 139 526.1 | 93.9 | 102.1 |
| R Arts, entertainment and recreation | 59 819.7 | 65 373.7 | 75.4 | 82.4 |
| S Other service activities | 15 412.5 | 21 400.0 | 87.6 | 121.7 |
| T Activities of households as employers; undifferentiated goods and services for own use | 817.2 | 776.4 | 100.4 | 95.4 |
Preliminary data. Indices 2025=100 and 2024=100 are relative to the quarterly average. × — not calculated.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
GDP volume indices by economic activity, 2026, %
| Indicator | 2024=100, Q1 | 2024=100, Q2 | to same period of previous year, Q1 | to same period of previous year, Q2 | to previous quarter, Q1 | to previous quarter, Q2 |
|---|---|---|---|---|---|---|
| Gross domestic product (at market prices) | 84.8 | 101.1 | 105.2 | 106.7 | 63.0 | 119.2 |
| Taxes on products (less subsidies) | 102.0 | 78.8 | 103.9 | 107.3 | 68.3 | 77.2 |
| Gross value added (at basic prices) | 82.8 | 103.7 | 105.2 | 106.7 | 62.2 | 125.2 |
| FISIM | 131.1 | 135.7 | 108.6 | 108.9 | 92.3 | 103.5 |
| A Agriculture, forestry and fishing | 34.4 | 64.9 | 98.4 | 84.7 | 24.8 | 188.4 |
| B Mining and quarrying | 114.5 | 130.4 | 135.5 | 121.5 | 93.5 | 113.8 |
| C Manufacturing | 59.9 | 91.6 | 101.5 | 102.2 | 40.0 | 152.8 |
| D Electricity, gas, steam and air conditioning supply | 133.7 | 83.0 | 104.7 | 100.2 | 103.3 | 62.1 |
| E Water supply, sewerage, waste management and remediation | 95.2 | 111.1 | 103.4 | 103.9 | 99.9 | 116.7 |
| F Construction | 52.9 | 106.4 | 120.6 | 120.0 | 25.8 | 201.3 |
| G Wholesale and retail trade; repair of motor vehicles and motorcycles | 82.1 | 98.1 | 102.1 | 99.8 | 64.4 | 119.4 |
| H Transportation and storage | 85.5 | 106.1 | 112.2 | 122.2 | 67.1 | 124.1 |
| I Accommodation and food service activities | 90.5 | 122.2 | 109.0 | 112.6 | 84.4 | 135.0 |
| J Information and communication | 116.1 | 135.3 | 107.6 | 115.0 | 91.5 | 116.5 |
| K Financial and insurance activities | 109.7 | 128.3 | 96.4 | 122.4 | 87.2 | 117.0 |
| L Real estate activities | 100.9 | 107.2 | 107.6 | 100.2 | 83.2 | 106.2 |
| M Professional, scientific and technical activities | 99.6 | 128.0 | 110.1 | 110.0 | 70.1 | 128.5 |
| N Administrative and support service activities | 95.6 | 133.4 | 110.9 | 125.5 | 71.5 | 139.5 |
| O Public administration and defence; compulsory social security | 77.6 | 106.7 | 106.5 | 105.4 | 63.0 | 137.5 |
| P Education | 89.1 | 101.2 | 101.3 | 96.2 | 82.2 | 113.6 |
| Q Human health and social work activities | 94.2 | 102.4 | 102.8 | 103.1 | 98.5 | 108.7 |
| R Arts, entertainment and recreation | 79.6 | 87.0 | 106.6 | 101.9 | 52.6 | 109.3 |
| S Other service activities | 91.9 | 127.6 | 114.2 | 111.3 | 109.4 | 138.8 |
| T Activities of households as employers; undifferentiated goods and services for own use | 93.6 | 88.9 | 98.4 | 101.4 | 96.0 | 95.0 |
Preliminary data. Indices 2025=100 and 2024=100 are relative to the quarterly average. × — not calculated.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
GDP by main groups of economic activity, 2026
| Indicator | current prices, million AMD, Q1 | current prices, million AMD, Q2 | GDP structure, %, Q1 | GDP structure, %, Q2 | to same period of previous year, %, Q1 | to same period of previous year, %, Q2 | contribution to GDP growth, pp, Q1 | contribution to GDP growth, pp, Q2 |
|---|---|---|---|---|---|---|---|---|
| Gross domestic product (at market prices) | 2 331 820.5 | 2 834 894.2 | 100.0 | 100.0 | 105.2 | 106.7 | 5.15 | 6.65 |
| Taxes on products (less subsidies) | 286 809.9 | 311 062.4 | 12.3 | 11.0 | 103.9 | 107.3 | 0.50 | 0.58 |
| Gross value added (at basic prices) | 2 045 010.6 | 2 523 831.8 | 87.7 | 89.0 | 105.2 | 106.7 | 4.65 | 6.07 |
| FISIM | −85 935.9 | −93 633.8 | −3.7 | −3.3 | 108.6 | 108.9 | −0.33 | −0.29 |
| A Agriculture, forestry and fishing | 72 471.3 | 187 270.0 | 3.1 | 6.6 | 98.4 | 84.7 | −0.06 | −0.97 |
| B+C+D+E Industry, including energy | 381 767.3 | 432 331.5 | 16.4 | 15.2 | 106.8 | 106.4 | 1.47 | 0.99 |
| F Construction | 90 370.2 | 153 509.1 | 3.9 | 5.4 | 120.6 | 120.0 | 0.66 | 1.09 |
| G–T Trade and services | 1 586 337.7 | 1 844 355.0 | 68.0 | 65.1 | 104.1 | 107.7 | 2.91 | 5.25 |
Preliminary data. Data for “Financial and insurance activities” have been revised.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
GDP (at market prices) per capita
| Period | AMD | USD | EUR |
|---|---|---|---|
| Q1 2026 | 752 564 | 1 989 | 1 700 |
| Q2 2026 | 913 892 | 2 468 | 2 122 |
Based on the average resident population of RA for the period.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
GDP by expenditure approach: current prices and structure, 2026
| Component | current prices, million AMD, Q1 | current prices, million AMD, Q2 | GDP structure, %, Q1 | GDP structure, %, Q2 |
|---|---|---|---|---|
| Final consumption expenditure | 2 203 354.1 | 2 427 370.7 | 94.5 | 85.7 |
| households | 1 968 496.3 | 2 093 837.1 | 84.4 | 73.9 |
| NPISHs | 13 613.9 | 16 301.1 | 0.6 | 0.6 |
| general government | 221 243.9 | 317 232.5 | 9.5 | 11.2 |
| individual consumption | 93 031.4 | 127 580.1 | 4.0 | 4.5 |
| collective consumption | 128 212.5 | 189 652.4 | 5.5 | 6.7 |
| Gross capital formation | 350 580.1 | 638 958.3 | 15.0 | 22.5 |
| gross fixed capital formation | 348 780.6 | 578 483.9 | 14.9 | 20.4 |
| changes in inventories | 1 799.5 | 60 474.4 | 0.1 | 2.1 |
| Net exports of goods and services | −222 113.7 | −231 434.8 | −9.5 | −8.2 |
| exports | 1 200 770.1 | 1 248 295.3 | 51.5 | 44.0 |
| imports | 1 422 883.8 | 1 479 730.1 | 61.0 | 52.2 |
| Statistical discrepancy | — | — | — | — |
| Gross domestic product | 2 331 820.5 | 2 834 894.2 | 100.0 | 100.0 |
Preliminary data.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
GDP by expenditure approach: previous-year prices and volume indices, 2026
| Component | average prices of previous year, million AMD, Q1 | average prices of previous year, million AMD, Q2 | volume index, 2025=100, %, Q1 | volume index, 2025=100, %, Q2 |
|---|---|---|---|---|
| Final consumption expenditure | 2 136 021.9 | 2 264 822.7 | 90.8 | 96.3 |
| households | 1 897 859.6 | 1 941 991.4 | 92.7 | 94.9 |
| NPISHs | 13 113.4 | 15 603.2 | 80.9 | 96.3 |
| general government | 225 048.9 | 307 228.1 | 77.7 | 106.1 |
| individual consumption | 95 624.0 | 122 118.2 | 89.8 | 114.7 |
| collective consumption | 129 424.9 | 185 109.9 | 70.6 | 101.0 |
| Gross capital formation | 346 127.5 | 628 720.1 | 50.7 | 92.1 |
| gross fixed capital formation | 344 479.3 | 573 174.4 | 56.8 | 94.6 |
| changes in inventories | × | × | × | × |
| Net exports of goods and services | × | × | × | × |
| exports | 1 143 590.6 | 1 208 573.7 | 81.6 | 86.2 |
| imports | 1 380 100.7 | 1 424 939.7 | 86.2 | 89.0 |
| Statistical discrepancy | × | × | × | × |
| Gross domestic product | 2 245 639.3 | 2 677 176.8 | 79.2 | 94.4 |
Preliminary data. Indices 2025=100 and 2024=100 are relative to the quarterly average. × — not calculated.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
GDP volume indices by expenditure component, 2026, %
| Component | 2024=100, Q1 | 2024=100, Q2 | to same period of previous year, Q1 | to same period of previous year, Q2 | to previous quarter, Q1 | to previous quarter, Q2 |
|---|---|---|---|---|---|---|
| Final consumption expenditure | 98.7 | 104.6 | 104.8 | 106.5 | 76.9 | 106.0 |
| households | 101.5 | 103.8 | 104.4 | 104.9 | 79.6 | 102.3 |
| NPISHs | 89.8 | 106.9 | 99.6 | 106.4 | 86.9 | 119.0 |
| general government | 80.6 | 110.0 | 108.5 | 118.0 | 59.7 | 136.5 |
| individual consumption | 91.4 | 116.8 | 119.2 | 126.8 | 79.6 | 127.7 |
| collective consumption | 74.0 | 105.9 | 101.6 | 112.9 | 50.5 | 143.0 |
| Gross capital formation | 59.1 | 107.4 | 87.8 | 109.0 | 32.9 | 181.6 |
| gross fixed capital formation | 65.3 | 108.7 | 103.3 | 110.9 | 35.6 | 166.4 |
| changes in inventories | × | × | × | × | × | × |
| Net exports of goods and services | × | × | × | × | × | × |
| exports | 58.5 | 61.8 | 98.9 | 90.9 | 70.3 | 105.7 |
| imports | 67.6 | 69.8 | 95.9 | 93.9 | 72.4 | 103.2 |
| Statistical discrepancy | × | × | × | × | × | × |
| Gross domestic product | 84.8 | 101.1 | 105.2 | 106.7 | 63.0 | 119.2 |
Preliminary data. Indices 2025=100 and 2024=100 are relative to the quarterly average. × — not calculated.
Armstat, “Socio-economic situation of RA, January–July 2026” (PDF in Russian)
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