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Armenia's GDP up 9.2% in Jan-Oct

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  • Armenia's GDP up 9.2% in Jan-Oct

    Interfax, Russia
    Nov 28 2008


    Armenia's GDP up 9.2% in Jan-Oct

    YEREVAN Nov 28


    Armenia's GDP in January-October 2008 went up 9.2% year-to-year to
    3.01 trillion dram (over $9.8 billion), the National Statistics
    Service said.

    Foreign trade in January-October went up 31.5% year-on-year to 1.382
    trillion dram ($4.52 billion). Exports edged up 0.9% to $941.2 million
    while imports went up 42.8% to $3.579 billion.

    Armenia's trade deficit in January-October 2008 came to $2.638 billion
    in the period, up 70% in comparison with the same period of 2007
    ($1.579 billion).

    The average weighted rate for the dram by the Central Bank of Armenia
    in January-October 2008 came to 305.86 dram/$1.
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