ArmInfo. The information and communication technology (ICT) sector in Armenia grew by 9% annually in Q1 (compared to 17.3% growth the previous year), resulting in revenue of 284.1 billion drams ($718.5 million).
ArmInfo. Minister of High-Tech Industry of Armenia Mkhitar Hayrapetyan received the Chairman of the Technical Committee of the international organization of the digital radio industry WorldDAB and the chief architect of the BBC digital systems Lindsay Cornell and the communications manager William Jackson.
ArmInfo. In Armenia, the service sector saw a significant annual growth rate increase from 5% to 11.5%, generating revenue of 865.3 drams ($2.2 billion) in the first quarter of 2025. According to data from the RA Statistics Committee, in March alone, the revenue of the service sector also saw an 11.5% increase, reaching 309.2 billion drams ($787.1 million).
ArmInfo. The information and communication technology (ICT) sector in Armenia grew by 9% annually in Q1 (compared to 17.3% growth the previous year), resulting in revenue of 284.1 billion drams ($718.5 million).
ArmInfo. Minister of High-Tech Industry of Armenia Mkhitar Hayrapetyan received the Chairman of the Technical Committee of the international organization of the digital radio industry WorldDAB and the chief architect of the BBC digital systems Lindsay Cornell and the communications manager William Jackson.
ArmInfo. In Armenia, the service sector saw a significant annual growth rate increase from 5% to 11.5%, generating revenue of 865.3 drams ($2.2 billion) in the first quarter of 2025. According to data from the RA Statistics Committee, in March alone, the revenue of the service sector also saw an 11.5% increase, reaching 309.2 billion drams ($787.1 million).
ArmInfo. In the first quarter of 2025, Armenia's industrial sector experienced a decrease in production volumes by 18.5% per annum (compared to a 30.4% growth in the same period of 2024), totaling about 600 billion drams ($1.5 billion). However, in March alone, industrial production volumes increased by 15.9% to 219.3 billion drams ($558.4 million), as reported by the RA Statistical Committee. The decline in the annual dynamics of the industrial sector was primarily due to reduced volumes in the manufacturing industry and an accelerated decline in the mining industry.
ArmInfo. In the first quarter of 2025, Armenia's industrial sector experienced a decrease in production volumes by 18.5% per annum (compared to a 30.4% growth in the same period of 2024), totaling about 600 billion drams ($1.5 billion). However, in March alone, industrial production volumes increased by 15.9% to 219.3 billion drams ($558.4 million), as reported by the RA Statistical Committee. The decline in the annual dynamics of the industrial sector was primarily due to reduced volumes in the manufacturing industry and an accelerated decline in the mining industry.