Economy

In the third quarter of 2025, Armenia’s Gross Domestic Product (GDP) at current prices reached AMD 3 trillion 71.65 billion, up from AMD 2 trillion 762.12 billion during the same period last year, according to the Government’s press service. This represents a 6.2% growth compared to the third quarter of 2024. On a per capita basis, Armenia’s GDP in Q3 ...

The draft law on amendments and additions to the Labor Code has been fully adopted by the National Assembly. The Ministry of Labor and Social Affairs announced that the retirement age has been removed as a ground for terminating an employment contract at the employer’s initiative. According to the amendments, employers are now allowed to sign indefinite-term contracts with employees ...