Wednesday, January 15 2025 22:44
Alina Hovhannisyan

In Armenia, service sector revenue growth slowed down by December  2024

In Armenia, service sector revenue growth slowed down by December  2024

ArmInfo.From January to November 2024, the service sector in Armenia experienced a slowdown  in its annual growth rate, dropping from 11.1% to 6.3%. Revenues during this period reached 3 trillion AMD ($7.7 billion).

According to the Statistical Committee of the Republic of Armenia, such  dynamics were due to a decline in the dominant sectors of  information/communications and transport.  

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