FX.co ★ Armenia Leading Index Grows 14%

In December 2025, Armenia's economic activity grew by 14% compared to the previous year, accelerating from November's 11.5% increase. Industrial output saw a significant rise, increasing by 38.6% from 31.7% in the prior month, while construction activity also improved, reaching 20.5% up from 17.2%. Trade turnover experienced growth as well, climbing to 3.2% compared to 1.5% in November. However, the growth in services decelerated to 6.9% from the previous 11.2%. On a month-to-month basis, the overall economic activity experienced a substantial uptick of 23.4%, recovering from a slight 0.3% increase in November. For the entire year of 2025, Armenia's economy expanded by 9.1%, indicating a comprehensive growth across industry, construction, and trade sectors.