Artsakh GDP growth

The Gross Domestic Product (GDP) of Artsakh comprised about 272 billion 100 million drams in 2017 compared to 229 billion 700 million drams of 2016, according to latest figures released by the Artsakh National Statistical Service.

The GDP growth rate made up 15.6%, the index-deflator – 2.5%, whereas in 2016 these numbers were 9.2% and 0.5% respectively, Artsakhpress reports.

According to the source, the GDP per capita in 2017 comprised 1 million 855 thousand 900 drams or 3 thousand 844.7 USD or 3 thousand 403.8 Euros according to the current prices, while in 2016 these numbers were 1 million 577.3 thousand drams or 3 thousand 282.7 US dollars or 2 thousand 965.7 Euros.

11.7% out of the 15.6% of the GDP growth has been ensured by industry, including the energy, 3.7% by trade and services, 0.9% by agriculture, forest economy and fishing and 0.1% by construction.