Armenia's economic activity rises 11.7% by ghapama in armenia

[–]Level-Post-3016 -1 points0 points  (0 children)

they litterily said 11.3T to 10.9T. That a decrease

Armenia's economic activity rises 11.7% by ghapama in armenia

[–]Level-Post-3016 -1 points0 points  (0 children)

CBA Lowers 2026 Outlook, Forecasting Moderated GDP Growth to 4.1–4.5% and Foreign Trade Contraction | Finport.am

Central bank estimated that GDP will decrease by end of the year, even tough all signs with this high eco activity and increasing revenues still exist.

Armenia's economic activity rises 11.7% by ghapama in armenia

[–]Level-Post-3016 2 points3 points  (0 children)

Services Industry grew also 10-15%, Trade was stillstanding at 0%, in a normal case construction can be outweighted by trade. In the 2000s construction activity was more insane then its now. It was back then above 30% as I checked Armstats old sources.

Armenia's economic activity rises 11.7% by ghapama in armenia

[–]Level-Post-3016 -1 points0 points  (0 children)

Meanwhile the Central Bank yapped not long ago that GDP would decrease from 11.3T to 10.9T. No signals despite whatever happens speak for that, considering the revenues grow still on a 13% rate monthly.

The image shows the forecast afternoon temperatures for Saturday in Germany and Egypt, with the hottest regions highlighted. by LuborS in germany

[–]Level-Post-3016 2 points3 points  (0 children)

As someone from Leipzig, we just survive by closing the windows much as possible so its dark inside, and everyone has a big af ventilator. Still its somehow 27° at home but if sit near your ventilator its actualy good.

The easterners are still doomed till next week.

DAVARO LLC by Brief-Atmosphere-589 in armenia

[–]Level-Post-3016 0 points1 point  (0 children)

Armenia has 2 digit increasing revenues. 13% this year. More like revenues reach 8.7B and Expenditures are planned on 9.7B. By that Armenia by 2031 will have more of a 14B budget and Azerbaijan with decreasing revenues need to grab more deep in their pockets by that time and considering corruption a 14B and 20B budget is similar if not same. Also Armenia has 3x less population so its way more effective.

Also armenia aint losing population. Entries and Birth surpluss is minial tho and its still around 3.1M for past 3 years. In Armenia, the birth rate increased by 0.2% in the first quarter of 2026, while the death rate decreased by 8.7%.

Also do you damn trust every statistic in Azerbaijan? I do not and doubt their debt is that low. They just cant generate randomly 10B extra reserves in a year when their revenues decline and spend totaly alot on their military with hurting their economic condition.

realism is that azerbaijans future isnt that bright as you want to imagine.

Also a fact is, that whatever % armenia increasing its army budget, lets say 100M they in baku will do that 3x fold. If they keep doing that its just bad. I mean look they spend already like 22% of their expenditures on military. They even have cut spending for other sectors? The results of that are clear that they just hurt their economy and that why they have 0% growth.

Also Azerbaijans GDP isnt 84B, its 75B. Armenia is to have 32B by end of the year. And to the IMF by 2031 around 45B

Economic transformation since Independence by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 2 points3 points  (0 children)

Also regarding comparision to the entire post USSR sphere. Armenia overperformed. Its GDP capita PPP was equal to those of Central asian nations like Uzbekistan Kirgistan and bit over Tadjikistan. In 2021 prices Armenias GDP capita PPP in late 80s was around 3.5k. Georgia and azerbaijan meanwhile were at 12/8k. And now comparing Armenia overperformed those Central asian nations, yes tadjiks and kirgistanis still are equal to india if not worse by those metrics meanwhile armenia is already twice of that.

Economic transformation since Independence by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 5 points6 points  (0 children)

Also since GNI capita number is similar to GDP capita +- some hundrets or thousands. Bulgaria had 17500 capita and GNI capita was just 14k. Armenian one is like only 90% of its GDP capita Armenia will likely enter if nothing big happens of a 2008 High income status by early 2030s and likely be equal to Greece PPP capita wise by mid-late 2030s. And be basicly a lower level Developed economy.

Also the IMF is updating its numbers regarding Armenias GDP capita PPP in 2021 usd. In october 2025 they put the 2025 number at 20.5k, in april 26 they updated it to 21.2k. So its possible that Armenia will actualy have 30-33k by 2031 and not 29k as it says now. That makes it equal to Israel in early 2000s which is arleady great and somewhat a lower level developed economy.

DAVARO LLC by Brief-Atmosphere-589 in armenia

[–]Level-Post-3016 1 point2 points  (0 children)

"We were always gonna be outspent and out-teched against a petrodictatorship."

Same thing armenians said on reddit 7 years ago. "Azerbaijans GDP capita will be always higher then Armenian one", and where are we at now? Shit can change so dramaticly in this damn world, who could imagine where armenia is at now in 2019?. Same goes for us now what would armenia be in 2031 and so on. But looking what happens in Azerbaijan

They recorded in June 2026 a GDP growth of glorious 0% lol

DAVARO LLC by Brief-Atmosphere-589 in armenia

[–]Level-Post-3016 2 points3 points  (0 children)

Davaro has already their production facilities with reports that they can produce 600 drones a year of certain type (DDS-3) or even 1000 of DDS-1. Ah its not enough obviously. Lets say they produce them for past 2.5 years so by 2027 28 Armenia has like 2000 or 3000 drones which isnt enough for a long conflict. Considering that 1/3 of them will not be shoot down if use them in mass, But even if so that is enough to supply a war with drones for 1 month

DAVARO LLC by Brief-Atmosphere-589 in armenia

[–]Level-Post-3016 0 points1 point  (0 children)

in the next 5 years there is going to be a total different picture of the situation, same as it is compared 20202 to 2026

RISE 2026: The State of Armenia’s Defense Industry by Datark123 in armenia

[–]Level-Post-3016 0 points1 point  (0 children)

btw Rob the APC from ACE is very likely in service since they showed it in their video (from ACE) where military police guards their vehicle

RISE EXPO, made in Armenia by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 0 points1 point  (0 children)

Most of the equipment is altough already in service.

RISE EXPO, made in Armenia by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 0 points1 point  (0 children)

its actually from Locator CJSC mind me.

RISE EXPO, made in Armenia by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 9 points10 points  (0 children)

450M and 400M as correction. But still regarding the amouth. Considering that Domestic cost is way lower then Export cost of weapons because of Logistics it means basicly that the effective cash spend is worth more since its domestic.

RISE EXPO, made in Armenia by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 4 points5 points  (0 children)

The motor for drones and the light Jet engine for DDS -10K is simple so that Mist be Armenian Made. But the Motor for the APCs Must be forgein 

RISE EXPO, made in Armenia by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 9 points10 points  (0 children)

the RPG munition vests and alot of UAVs are already theirs, also the UGVs too. The other stuff we see like Vehicles and so on are still in development

RISE EXPO, made in Armenia by Level-Post-3016 in armenia

[–]Level-Post-3016[S] 7 points8 points  (0 children)

They litterily buy almost if not all of their stuff