Euromedia24 on Play Store Euromedia24 on App Sore
BNB

$644.43

BTC

$95508

ADA

$0.749037

ETH

$2678.61

SOL

$168.88

2 °

Yerevan

-5 °

Moscow

21 °

Dubai

2 °

London

1 °

Beijing

-1 °

Brussels

4 °

Rome

9 °

Madrid

BNB

$644.43

BTC

$95508

ADA

$0.749037

ETH

$2678.61

SOL

$168.88

2 °

Yerevan

-5 °

Moscow

21 °

Dubai

2 °

London

1 °

Beijing

-1 °

Brussels

4 °

Rome

9 °

Madrid

The decline in exports in Armenia has deepened. The analysis of the Luys Foundation


The Luys Foundation has analyzed the socio-economic developments of the Armenian economy in 2024. In January-December.

Thus, the growth rate of economic activity during the year has shown a slowing tendency due to neutralization of high economic growth factors in previous years.

The positive effects of the previous year's growth factors (to the inflow of the people of the Republic of Armenia and the capital, etc.) have provided high economic growth in 2024. At the beginning of the year, but the growth gradually slowed down in parallel to the neutralization of the effects of these factors. As a result of 2024 The EV was 8.0%, being less than 1.8 percent from last year's EV.

But in 2024 The difference between the real growth of the EPA and GDP was greater, which means that in 2024. Economic growth in 2023 There will be significantly lower than growth.

2024 The structure of the economy has continued to worsen. Summing up 2024 Economic indicators, it can be noted that the main driving forces of growth were trade (mainly due to reflection of some of the re-expression) and services (mainly in the financial sphere). This means that the share of the above-mentioned branches in the structure of the Armenian economy has increased, while the weights of the industry (without jewelry) and agriculture have decreased.

It turns out that the economy has become more dependent on the growth of temporary factors, while the role of the types of activities for long-term growth has decreased.

Negative shifts also took place in the industry, as well as export structure.

In the structure of the industry in 2024 In January-November, the share of food, drink and clothing has not yet been published in December. The weight is significantly increased by 7.1 percentage points in the same period. It is also such a situation in the export structure.

In the conditions of modest growth of economic activity and income of the population in 2024 The volume of loans increased significantly at high pace.

Mortgage and consumer loans increased by 32.9% and 33.0%, respectively. Taking into account the increase in the income of the population (in particular only 6.4% of nominal salaries and the decrease in remittances from abroad) contains risks.

News

Trump said Russia does not want to destroy Ukrainian cities
Important
Trump assumes that his meeting with Putin can take place by the end of February
Important
Trump drew attention to the fact that Ukraine needs elections
The Trump Envoy appreciated the talks.
Alsun hit Jan Abramkin. The famous couple's divorce has received an unexpected course
Vlad Lisov said about oncological illness
The Foreign Ministers of Britain, Italy, Germany and France have been told about the meeting with Lavrov
Vera Brezhneva has published new photos from Paris (photos)
Rene Zelweger's heart is no longer free
Anti-Armenian Article The Jerusalem Post. The Zangezur corridor serves the interests of Israel
Mila Yovovich shot for Vogue (photos)
Megan Markle presented his daughter, Lilibeti, on his new "AS Ever" website.
There will be no light on dozens of addresses
The ideology and value belief must dominate Armenia. Bagrat Sacred (Video)
The Chief of the General Staff addressed the court to stop the ban on the absence of Colonel Nver Martirosyan for a few days. "Hetq"
The CPU convened a session
Azerbaijan has destroyed the village of Artsakh's occupied
Important
The White House called Russia's and US talks a monumental step towards Ukraine
NA deputy Hayk Sargsyan's wife published new photos with a red dress with her daughter (photos)
Hundreds of flights were canceled at Istanbul airport

More News

...

Beneficiaries of pension funds have the opportunity to choose between existing funds. Tsovinar Vardanyan

Armenia's foreign debt is $ 5 billion 962 million, not $ 12 billion. Gorg Papoyan (video)

An elderly man must pay his entire pension in property taxes to be able to live in his apartment in the center. Tadevos Avetisyan (video)

What income of a citizen will the State Revenue Committee tax (video)

About 22 million drams were confiscated in favor of the Republic of Armenia

Pashinyan ate the country, he is also eating us. It is pure corruption, they want to cut us off from bread: businessman (video)

I sold a "damashnik" for three days, for 1500 drams, we are giving it away. Business owner (video)

We have set a target of 6 percent or more economic growth: Minister on the possible merger of the EAEU and the EU and other issues (video)

The government will soon make a decision according to which the state will pay for the costs of slaughterhouse services. Papoyan

The salary fund will increase by 20%, there will be quality medical service, return to work: ZCMK

You can present your demand for more consulted, I promise to present it in the NA Economic Commission. Hayk Sargsyan about businesses

The ZCMC was damaged 400 million drams a day. announcement

The State Revenue Committee informs that the stamping of goods with identification will be invested in stages

The damage of 13 million 953 thousand drams caused to the community has been completely restored

Products in Armenia will be identified by digital means to export the Eurasian Economic Union market

Gasoline prices in Armenia have increased by referring to consumer expenses (video)

When will Amulsar be operated? The Minister of Economy opens brackets

Gasoline prices in Armenia have increased, referring to consumer expenses

I don't have and I haven't had 1 dram more than my salary. Papoyan

As Minister of Economy, of course, we are concerned about the leader of the RA industry for a week. Papoyan