Armenia’s economic activity rose by 7.2% year-on-year in February 2026, slowing from a 7.6% increase in the previous month. The slowdown was driven by a softer rise in the services sector, excluding trade (7.0% vs 7.4% in January). Meanwhile, industrial output accelerated (23.8% vs 10.6%), alongside gains in construction activity (21.8% vs 18.7%) and trade turnover (5.6% vs 0.7%). On a monthly basis, overall economic activity rebounded by 4.5%, following a 48.3% plunge in January. In the January-February period, Armenia’s economic activity was 7.4% higher than in the same period last year. source: National Statistical Service of the Republic of Armenia

Leading Economic Index Armenia increased 7.20 percent in February of 2026 over the same month in the previous year. Leading Economic Index in Armenia averaged 5.90 percent from 2012 until 2026, reaching an all time high of 23.40 percent in April of 2021 and a record low of -16.70 percent in April of 2020. This page provides - Armenia Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Economic Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-25 08:00 AM
Economic Activity YoY
Jan 7.6% 14% 9.0%
2026-03-25 02:00 PM
Economic Activity YoY
Feb 7.2% 7.6% 8.3%
2026-04-27 08:00 AM
Economic Activity YoY
Mar 7.2%


Related Last Previous Unit Reference
Changes in Inventories 95542.00 94571.70 AMD Million Dec 2025
Industrial Production YoY 23.80 10.60 percent Feb 2026
Industrial Production Mom 12.20 -56.70 percent Feb 2026
Economic Activity YoY 7.20 7.60 percent Feb 2026
Manufacturing Production 4.30 43.30 percent Jan 2026
Mining Production 25.20 34.90 percent Jan 2026


Armenia Economic Activity Index
In Armenia, the Economic Activity Index is a composite indicator that estimates the activity of the different economic sectors in a given month. It is presented in previous year prices.
Actual Previous Highest Lowest Dates Unit Frequency
7.20 7.60 23.40 -16.70 2012 - 2026 percent Monthly
NSA

News Stream
Armenia Economic Activity Growth Slows in February
Armenia’s economic activity rose by 7.2% year-on-year in February 2026, slowing from a 7.6% increase in the previous month. The slowdown was driven by a softer rise in the services sector, excluding trade (7.0% vs 7.4% in January). Meanwhile, industrial output accelerated (23.8% vs 10.6%), alongside gains in construction activity (21.8% vs 18.7%) and trade turnover (5.6% vs 0.7%). On a monthly basis, overall economic activity rebounded by 4.5%, following a 48.3% plunge in January. In the January-February period, Armenia’s economic activity was 7.4% higher than in the same period last year.
2026-03-26
Armenia Economic Activity Growth Eases in January
Armenia’s economic activity rose by 7.6% year-on-year in January 2026, moderating sharply from a 14.4% rise in the previous month, marking the lowest level in nine months. Industrial output eased (10.6% vs 38.6% in December 2025), while construction activity (18.7% vs 20.5%) and trade turnover (0.7% vs 3.2%) also decreased. Meanwhile, services recorded growth (7.4% vs 6.9%). On a monthly basis, overall economic activity plunged 48.3%, reversing a 23.4% rise in December. For comparison, economic activity in Armenia stood at 7.3% last year.
2026-02-25
Armenia Leading Index Grows 14%
Armenia’s economic activity expanded by 14% year-on-year in December 2025, accelerating from an 11.5% rise in November. Industrial output surged (38.6% vs 31.7% in November), while construction activity (20.5% vs 17.2%) and trade turnover (3.2% vs 1.5%) also strengthened. Meanwhile, services growth slowed (6.9% vs 11.2%). On a monthly basis, overall economic activity recorded a strong increase of 23.4%, following a modest 0.3% rise in November. For the full year 2025, Armenia’s economy grew 9.1%, reflecting broad-based expansion across industry, construction, and trade.
2026-01-30