ArmInfo. In Jan-Oct 2016, services in Armenia grew by 7.7% versus Jan-Oct 2015, and amounted to 1 trillion AMD ($ 2.1 bln), versus 2.8% growth a year before. In October alone, the indicator dropped by 3% to 114.1 bln AMD ($240 mln).
The National Statistics Service of Armenia reports that services in education grew by 4%, healthcare - by 2.1%, services in the real estate market - by 6.5%, transport - by 23.1%, while services in information and communication dropped by 0.7%. The financial sector was in the lead in terms of services - 203.2 bln AMD (19.7% of total services), with the biggest share here falling on the banks. The following sectors ranked next: culture, recreation and leisure - 196.3 bln AMD (19%), information and communications - 177.5 bln AMD (17.2%), transport - 138.9 bln AMD (13.5%), public catering and tourism - 77.6 bln AMD (7.5%).
The average USD/AMD exchange rate made up 475.25 AMD/$1 in October 2016, and 480.45 AMD/$1 in Jan-Oct 2016, versus
