Thursday, February 20 2020 14:50
Alina Hovhannisyan

Armenia`s services sector increased volumes by 15% - up to $ 4.3  billion for 2019

Armenia`s services sector increased volumes by 15% - up to $ 4.3  billion for 2019

ArmInfo. In Armenia, in 2019 the service sector increased volumes by 15%, exceeding 2  trillion drams ($ 4.3 billion), against 18.8% growth a year earlier.  In December alone, the services sector provided growth of 21% - up to  241.8 billion drams ($ 449.2 million).

According to the RA Statistical Committee, the dynamics is due to a  slowdown in the indicators of public catering services - from 32% to  26.1%, culture, entertainment and recreation - from 36.6% to 22.3%,  health care - from 25.7% to 13.1 %, in the real estate market - from  9.5% to 5.5%, transport - from 10.9% to 9%, administrative and  support activities - from 16.2% to 8.9%, scientific, professional and  technical activities - from 13.4% to 7.4%, in the financial and  insurance sectors - from 19.6% to 16.5%. At the same time, there was  an acceleration in the rate of y-o-y growth in education - from 0.3%  to 3.4%, information and communications - from 4.7% to 10.7%.

In terms of the volume of services provided, the leading sector is  culture, entertainment and recreation - 488.6 billion drams (23.7% of  the total). Second in the rank comes financial sector - 441.6 billion  drams (21.4% of the total), with the lion's share in banks. The third  in the rank comes the sector of information and communication - 272.5  billion drams (13.2%), and the main burden falls on the  telecommunication segment. The fourth in the rank comes the transport  sector - 242.3 billion drams (11.7%). The five leaders in terms of  the volume of services provided are closed by the catering and  tourism sector - 193.9 billion drams (9.4%).

The average settlement rate of the dram in December 2019 was 478.24  dr / $ 1, and in January-December 2019 - 480.45 dr / $ 1, against  484.67 dr / $ 1 in December 2018 and 482.99 dr / $ 1 - in January -  December 2018

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000