Socio-economic situation of the republic of Armenia In January - December of 2023
In January – December of 2023, Armenia recorded a significant increase in its economic activity compared to the same period of the previous year. Throughout the same time period, Armenia’s GDP grew by 8.7%, while the economic activity indicator recorded a growth of 9.7%. This growth in economic performance was observed across all sectors, mainly due to the increase of both domestic and foreign demand. For more details, please refer to this link.
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