Industry

Armenia’s industrial output up 7.4% in January-August, mining up 24.3%

Armenia’s industrial output reached AMD 2.07 trillion (about $5.56 billion) in January-August 2026, up 7.4% year on year, according to the Statistical Committee of Armenia.

Mining and quarrying accounted for most of the growth. Output in the sector reached AMD 489.7 billion over the eight months (+24.3%), of which AMD 468.8 billion came from metal ore mining (+26.9%). Copper concentrate production rose 27.2% to 236,100 tonnes, molybdenum concentrate 17.9% to 11,700 tonnes and zinc concentrate 5.1% to 7,900 tonnes.

Manufacturing, which makes up 62.9% of total output, grew 5% to AMD 1.30 trillion. Food production increased 5.1%, beverages 14.4% and basic metals 10.9%. Tobacco products fell 8.6%.

Electricity, gas and steam supply amounted to AMD 256.7 billion (−1.9%), and water supply and waste management to AMD 21.8 billion (+2.9%).

In August, industrial output was AMD 277.4 billion, 4.3% lower than in August 2025 and 1.9% higher than in July. It was the first year-on-year decline of 2026. Basic metals production fell 52.5% in August and manufacturing as a whole 6.8%, while mining grew 11.6%.

Sector January-August, AMD billion Change, % Share, %
Total industry 2,070.5 +7.4 100
Mining and quarrying 489.7 +24.3 23.6
Manufacturing 1,302.3 +5.0 62.9
Electricity, gas and steam supply 256.7 −1.9 12.4
Water supply and waste management 21.8 +2.9 1.1

Source: Statistical Committee of Armenia. Change on January-August 2025. Current prices.

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