Services up 12.8%, finance holds the largest share
Armenia’s services output (excluding trade) reached AMD 3.03 trillion (about $8.14 billion) in January-August 2026, up 12.8% year on year. According to the Statistical Committee of Armenia, financial and insurance activities had the largest share, 32.4%, at AMD 981.8 billion (+12.7%).
Information and communication services amounted to AMD 604.8 billion (20%, +14%), transport to AMD 387.6 billion (12.8%, +18.8%), and accommodation and food services to AMD 281.5 billion (9.3%, +13.9%).
Administrative and support services grew fastest, by 24% to AMD 109.3 billion. Other services rose 17.8%, professional, scientific and technical activities 12.2% and real estate activities 12.1%. Arts, entertainment and recreation grew 2.8% to AMD 210.9 billion, while education fell 1.4% to AMD 59.3 billion.
In August, services output was AMD 420.5 billion, 11.4% more than in August 2025 and 1.3% less than in July. The Statistical Committee notes that the changes reflect an adjustment of taxi passenger transport volumes and revenue based on State Revenue Committee data.
| Services | January-August, AMD billion | Share, % | Change, % |
|---|---|---|---|
| Total | 3,029.5 | 100 | +12.8 |
| Financial and insurance activities | 981.8 | 32.4 | +12.7 |
| Information and communication | 604.8 | 20.0 | +14.0 |
| Transport | 387.6 | 12.8 | +18.8 |
| Accommodation and food services | 281.5 | 9.3 | +13.9 |
| Arts, entertainment and recreation | 210.9 | 7.0 | +2.8 |
| Professional, scientific and technical activities | 135.4 | 4.5 | +12.2 |
| Health and social work | 127.5 | 4.2 | +4.9 |
| Administrative and support services | 109.3 | 3.6 | +24.0 |
| Real estate activities | 106.4 | 3.5 | +12.1 |
| Education | 59.3 | 1.9 | −1.4 |
| Other services | 24.9 | 0.8 | +17.8 |
Source: Statistical Committee of Armenia. Current prices. Change on January-August 2025.
Photo: Magnific/ pvproductions
