ArmInfo. Armenia's information and telecommunications technology (ICT) revenue increased by 7.4% year-on-year in the first nine months of 2026 (versus a 21% decline the previous year), exceeding AMD 960 billion ($2.6 billion). This is according to data from the RA Statistics Committee.
The dominant segment of Armenia's ICT sector—the services sector—accounted for 69%, or AMD 669 billion (a 14.2% annual increase). Of this, information technology accounted for the largest share—AMD 533.6 billion (a 15.8% annual increase), while the telecommunications segment accounted for AMD 127.2 billion (a 7.9% annual increase). The share of the ICT production segment traditionally remains the lowest at 0.3% (versus 0.2% a year ago), with revenue growing 66.8% year-on-year to AMD 3 billion.
ICT revenue in the trade sector for the first nine months decreased by 6.2% year-on-year, amounting to AMD 288 billion.
It is worth noting that the average exchange rate of the dram against the US dollar in January-September 2026 was AMD 371.32/$1, and in September, AMD 363.59/$1.
