Technology sector
Republic of Armenia — Technology sector
“Technology sector” is a section of BusinessDaily.am’s “Armenia in Numbers” reference: 1 table, 5 indicators for the Republic of Armenia.
Period: January–August / end of August 2026.
Source: Statistical Committee of the Republic of Armenia.
Technology sector
| Indicator | 2017 | 2024 | 2025 | August 2026 |
|---|---|---|---|---|
| Active companies | 650 | 8 396 | 12 026 | — |
| Employees | 15 350 | 21 541 | 41 431 | — |
| Turnover, bn ֏ | 306.0 | 915.8 | >1 000 | — |
| Exports, bn ֏ | 135.4 | 702.1 | 711.5 | — |
| Average wage, ֏ (2017–2025: December) | 567 337 | 1 015 249 | 1 010 668 | 984 415 |
Source: Ministry of High-Tech Industry and Artificial Intelligence, press briefing of 16 February; wage data from the Statistical Committee of Armenia, December of each year. Employment nearly doubled in 2025 while turnover grew about 9%, exports 1.3% and the average wage edged down 0.5%. Turnover per employee fell from 42.5mn to roughly 24.1mn AMD — a pattern consistent with growth in small entities and individual registrations rather than scaling firms. The August 2026 average wage is from the Statistical Committee of RA, information technologies (NACE 58.2, 62, 63.1), preliminary.