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Armenian Economy Declines By 14.4% In 2009

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  • Armenian Economy Declines By 14.4% In 2009

    ARMENIAN ECONOMY DECLINES BY 14.4% IN 2009

    ARKA
    Jan 25, 2010

    YEREVAN, January 25, /ARKA/. Armenian economy declined by 14.4% in
    2009, Armenia's National Statistical Service reported, saying that
    the country's GDP totaled 3.165.5 trillion Drams. It said the 2009
    December GDP was 18.3% up from the previous month. In 2008 Armenia's
    GDP grew by 6.8% year-on-year.

    According to 2009 budget, the GDP was to grow by 9.2%. ($1 - 377.75
    Drams).
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