Armenian economy records 6.5% growth in 2nd quarter of 2019

Armenia’s economic growth in the 2^nd quarter of 2019 amounted to 6.5%. The spheres of trade and service manly contributed to the growth.

ARMENPRESS reports according to the data published by the Statistical Committee of Armenia, Armenia’s GDP in the 2^nd quarter of 2019 amounted to 1 trillion and 481 billion AMD. Trade and services, industry and construction growth contributed to the growth by 4.91, 1.82 and 0.06 percentage point respectively.

Agriculture had a negative impact on the GD{ growth by – 1.01 percentage point.

Trade and services had the greatest share in the GDP in the 2^nd quarter of 2019  55% or 814.3 billion AMD. The second comes industry with nearly 19% or 278.5 billion AMD. The share of agriculture in the GDP is 10.6% or 157.6 billion AMD, construction has a share of 6.1% or 91 billion AMD.

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