Thursday, August 7 2025 11:57
Alina Hovhannisyan

Armenia`s IT sector records 25.6% growth in 1st half of 2025

Armenia`s IT sector records 25.6% growth in 1st half of 2025

ArmInfo. The information and communication technology (ICT) sector of Armenia grew by 12.6% per annum in the first half of 2025 (versus 10.4% growth a year ago), generating revenue of 552.1 billion drams ($1.4 billion).

According to the data of the RA Statistical Committee, the dominant  segment in Armenia's ICT - the services sector - accounts for 68.8%  or 380 billion drams (annual growth of 19.9%). Of these, the largest  share is represented by information technology - 298.4 billion drams  (annual growth of 25.6%), and the telecommunications segment accounts  for 77.2 billion drams (annual growth of 2%). At the same time, the  share of the ICT production segment is absolutely insignificant  (0.02%) or 105.7 million drams, which is 67.6% lower than the figure  for the previous year.

Revenue in the ICT sector in the trade sector for the reporting  period decreased by 0.4% - to 172 billion drams.

It should be noted that the average settlement rate of the dram in  January-June 2025 was 391.31 drams / $ 1.