ArmInfo. In Armenia, the service sector in January-July 2019 increased volumes by 15.2% per annum - up to 1.1 trillion drams ($ 2.2 billion) against 18.7% growth a year earlier. According to the RA Statistical Committee, in July alone, the volume of services provided increased by 7.7%, amounting to 181 billion drams ($ 379.7 million).
During the reporting period, a slowdown in the y-o-y growth in the volume of services provided was recorded in the following areas: culture - from 36.2% to 27.3%, healthcare - from 26.3% to 15.6%, real estate - from 9.9% to 4.7 %, information and communications - from 7.4% to 4.7%, transport - from 12.7% to 5.9%, administrative and support activities - from 19.3% to 11.7%, professional, scientific and technical activities - from 22.2% to 4%, the financial sector (including insurance) - from 16.7% to 16.3%. At the same time, the acceleration of y-o-y growth in the volume of services provided was recorded in the following areas: catering and the organization of accommodation for tourists - from 26.2% to 34%. In the field of education, the y-o-y dynamics of the volume of services provided has unfolded from a 2% decline to 7.1% growth.
According to statistical data, the field of culture, entertainment and recreation leads in the volume of provided services - 259.8 billion drams (23.9% of the total). The financial services sector ranks second in terms of services - 233 billion drams (21.5% of the total), with the lion's share in banks. The third place is occupied by the field of information and communication - 146.4 billion drams (13.5%), the main burden being on the telecommunication segment. The fourth place is occupied by the transport sector - 129.2 billion drams (11.9%). The five leaders in terms of the volume of services provided are closed by the catering and tourism sector - 95.7 billion drams (8.8%).
The average settlement rate of dram in July 2019 amounted to 476.50 AMD/ $ 1, and in January-July 2019 - 483.07 AMD / $ 1, against 481.43 AMD/ $ 1 - in July 2018 and 481.95 AMD / $ 1-in January-July 2018