Armenia's national statistics committee said on Thursday that its economy grew 7.6 percent in 2019, the highest recorded since 2008, Prime Minister Nikol Pashinyan said.
The prime minister also expressed confidence at Thursday's cabinet meeting that higher economic growth will be recorded this year.
According to data from the committee, the country's gross domestic product (GDP) amounted to 6551.8 billion Armenian drams (13.7 billion U.S. dollars) in 2019, up 7.6 percent year on year.
Data also show that the total foreign trade volume of Armenia in 2019 reached 8.15 billion dollars, a year-on-year increase of 10.4 percent. Regarding foreign trade, exports totaled 2.64 billion dollars while imports amounted to 5.51 billion dollars, increasing by 9.4 percent and 10.8 percent respectively.
