Of the 21 commercial banks operating in Armenia, AmeriaBank was the largest taxpayer in 2015.
Non-commercial overseas money transfers to Armenia amounted to US$ 1.208 billion, a drop of $520 million in 2015 in comparison to 2014, this according to the country’s National Statistical Service (NSS).
As to how much Armenian wine and brandy has been exported in 2015, we cannot say. Customs figures only cover the first half of the year.
Armenia received US$49.3 million in charitable aid in 2015 according to the country’s National Statistical Service (NSS).
The NSS reports that 1.192 million tourists came to Armenia in 2015. (256,572 in the last three months alone)
In 2015, Armenia imported US$ 3.254 billion in goods and exported $ 1.487 billion, resulting in a trade deficit of $1.767 billion.
Armenia has US$ 1.771 billion ticked away for a rainy day in international gross reserves as of December 2015 according to the country’s central bank.
Armenia’s National Statistical Service (NSS) reports that Armenia exported 1.486 billion AMD (US$3.049 million) worth of goods in 2015, down 3.9% from 2014.
According to preliminary data published by Armenia’s National Statistical Service, the country’s Economic Activity Index (EAI) rose 3.1% in 2015 compared to 2014.
According to Armenia’s National Statistical Service (NSS), the 2015 monthly average salary in the country was 184,000 AMD (US$378 based on today’s exchange rate).
Four or five new hotels are set to open In Armenia this year according to the tourism department at the ministry of economics.
As of December 31, 2015, 457, 878 vehicles are registered as insured in Armenia.
Armenia produced 147,000 tons of copper ore in the first half of this year (up 54.2% over the same period in 2014) and 4,800 tons of blister (convertible) copper (down 3.7%), according to the country’s National Statistical Service.
In the first seven months of 2015, the average nominal monthly salary was 180,000 AMD – a 9.9% increase over the same period in 2014.
Armenia produced 4.406 billion kWh of electricity in the first seven months of this year – 1.9% more than the same period in 2014, according to the National Statistical Service.
Armenia’s Economic Activity Index (EAI) has increased 4.2% in the first half of 2015 when compared to the same period last year.
Armen Gigoyan, president of the Lari Union of Cheese Manufacturers, says the price of milk obtained from farms and village residents has remained around 120 AMD per liter.
256,917 tourists visited Armenia in the 2nd quarter of the year, up from 232,583 in the 1st quarter, according to the National Statistical Service (NSS).
Armenia produced 883.1 tons of vegetable oil in the first half of 2015, down 56.3% from the same period last year according to the National Statistical Service (NSS)
There are currently two brands of whiskey on sale at Yerevan City – Mac Alex and Mac Grant. The two are produced by companies affiliated with Alexanyan.
Armenia’s National Statistical Service reports that in the first half of 2015 Armenia produced 4.35 million liters of vodka (down 2.1% from the same period last year), 6.45 million liters of brandy (down 3.2%), 9.72 million liters of beer (down 14.1%).
Walk down the aisle of any store or supermarket in Armenia and you’ll have a hard time spotting any of the fancy imported mineral waters so common in New York, Paris or London.
Armenia exported US$694.4 in goods during the first half of 2015, a 1.3% drop from the same period last year.
As of June 30, 2015, the number of third party liability insured vehicles in Armenia stood at 435,585, a drop of 6,500 compared to one year ago.
AmeriaBank is the largest taxpayer of the 21 banks (13th overall), paying 3.444 billion AMD (US$7.197 million) in taxes in the first six months of this year.
In the first half of 2015 $386.8 million in private transfers were sent to Armenia, a decrease of $219 million (36.1%) when compared to the same period in 2014.
Armenia’s State Property Cadastre also reports 2,052 private house buy/sell transactions in the first half of 2015 throughout the country, of which 604 were in Yerevan.
Rosgosstrakh-Armenia is the largest with a 30.7% market share, followed by Ingo Armenia (26.6%), Nairi Insurance (15.8%), Sil Insurance (12.1%), Reso (8.7%) and Armenia Insurance (5.9%).
As of March 31, 2015 the IMF has lent Armenia US$ 412.580 million, or 10.5% of the country’s total foreign debt. (According to Armenia’s National Statistical Service – NSS). Armenia became a member of the IMF in 1992.
During the first six months of this year, Armenia produced 3.792 billion kWh of electricity, up 1.5% over the same period in 2014, according to Armenia’s National Statistical Service.
The average nominal monthly salary in Armenia as of June 2015 was 182,000 AMD (US$381), according to the country’s National Statistical Service.
Orange Armenia (OA) CEO Francis Gilbert has told the press in Armenia that while his company is negotiating with internet and cable TV provider Ucom regarding the latter’s purchase of 100% of OA stock, OA will continue to operate under its own name for at least another twelve months.
In a July 2015 report published by the Jubilee Debt Campaign (JDC), Armenia is listed as one of 22 countries already in a government external debt crisis.
Claims that Ucom has bought out Orange Armenia will perhaps be officially verified today when representatives of the two companies make a public statement.
In the first five months of 2015 Armenia produced 7.1 million liters of beer, 4.380 million liters of brandy 3.9 million liters of vodka, 2.241 million liters of wine, and 143,000 liters of champagne.
Private money transfers to Armenia in May amounted to US$84.3 million, a drop of 29% ($34.4 million) from May of 2014, according to figures released by Armenia’s Central Bank.
Gross earnings for the 268 hotels and other tourist accommodations operating in Armenia was 24.955 billion AMD (US$52.8 million) in 2014, a 51.5% drop when compared to 2013 gross earnings of 51.273 billion.
The total value of precious metals and gems, and items produced from them, in Armenia’s treasury as of January 1, 2015 amounts to 1.502 billion AMD (US$3.175 million) according to Armenia’s Ministry of Finance.
According to Armenia’s National Statistical Service (NSS), clothing production comprises a mere 1% of the country’s manufacturing sector today.
3.157 billion kilowatts of electricity were produced in Armenia during the first five months of this year; 2.9% less than the same period last year.
Armenia’s national debt at the end of 2014, according to the National Statistical Service, stood at more than US$4.9 billion, of which $3.7 billion was external debt.
Taking up the rear were agriculture, education, culture/entertainment, and retail services, in descending order.
For the 1st quarter of this year sector production was valued at 75.7 billion AMD ($158.7 million), an increase of 30.9% over the same period in 2014.
Armenia’s gross foreign reserves stood at US$1.495 billion as of April 2015 according to figures released by the country’s Central Bank.
According to recent figures released by Armenia’s State Committee of the Real Estate Cadastre there were 3,318 buy and sell transactions for apartments and houses in the first quarter of 2015, down 27.6% over the same period last year.
The country has gold mines and top quality jewelers. Jewelry exports, in terms if customs valuation, are at the top of the list when it comes to exports from Armenia.
According to the latest figures released by Armenia’s Central Bank, deposits in the country’s 21 commercial banks amounted to 1,711,299,000,000 AMD (US$ 354,7984,877) as of March 2015.
Cigarette production in Armenia is taking off. According to the National Statistical Service, 2,891,000 cigarettes were produced in Armenia in the first quarter of 2015 – up 28.4% over the same period last year.
Only two mining companies – Zangezour CopperMolybdenum Combinat (ZCMC) and Tegout - have made it to the top 20 list of taxpayers in Armenia for the 1st quarter of 2015.