Armenia Labour Productivity Growth
2009 - 2024 | Quarterly | % | CEIC Data
Key information about Armenia Labour Productivity Growth
- Armenia Labour Productivity dropped by 6.91 % YoY in Sep 2024, compared with a growth of 9.15 % in the previous quarter
- Armenia Labour Productivity Growth data is updated quarterly, available from Mar 2009 to Sep 2024, averaging at 4.25 %
- The data reached an all-time high of 17.04 % in Mar 2019 and a record low of -15.55 % in Dec 2009
CEIC calculates Labour Productivity Growth from quarterly Real GDP Index and quarterly Employment. Statistical Committee of the Republic of Armenia provides chain linked Real GDP Index with base Same Quarter Previous Year=100 and Employment. Real GDP Index prior to Q1 2014 is based on SNA 1993
View Armenia's Labour Productivity Growth from Mar 2009 to Sep 2024 in the chart:
What was Armenia's Labour Productivity Growth in Sep 2024?
Armenia Labour Productivity dropped by 6.91 % YoY in Sep 2024, compared with a growth of 9.15 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.91 Sep 2024 | 9.15 Jun 2024 | -15.55 Dec 2009 | 17.04 Mar 2019 | % | quarterly | Mar 2009 - Sep 2024 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | 2.13 2023 | yearly | 1992 - 2023 |
| Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 6.91 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Australia (%) | -1.36 Dec 2024 | quarterly | Jun 1979 - Dec 2024 |
| Austria (%) | -0.33 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Azerbaijan (%) | 3.56 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 3.97 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 3.86 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Belgium (%) | 0.41 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
| Bosnia and Herzegovina (%) | -0.91 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.48 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 0.53 2024 | yearly | 1992 - 2024 |
| Brunei (%) | -1.76 2023 | yearly | 1992 - 2023 |
| Bulgaria (%) | 3.15 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | 0.47 Dec 2024 | quarterly | Mar 1977 - Dec 2024 |
| Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
| China (%) | 5.84 2024 | yearly | 1953 - 2024 |
| Colombia (%) | 0.16 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Croatia (%) | -1.53 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Cyprus (%) | 0.27 Dec 2024 | quarterly | Jun 2005 - Dec 2024 |
| Czech Republic (%) | -0.23 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Denmark (%) | 2.65 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 1.76 2023 | yearly | 1992 - 2023 |
| Egypt (%) | 2.27 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Estonia (%) | 0.98 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| European Union (%) | 0.67 Dec 2024 | quarterly | Mar 2006 - Dec 2024 |
| Finland (%) | 1.75 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.72 2023 | yearly | 1997 - 2023 |
| Germany (%) | -0.38 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Ghana (%) | 0.45 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.34 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Hong Kong SAR, China (%) | 2.27 Dec 2024 | quarterly | Dec 1982 - Dec 2024 |
| Hungary (%) | 0.89 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Iceland (%) | 0.23 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| India (%) | 2.80 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.55 2024 | yearly | 2001 - 2024 |
| Iran (%) | 3.69 2023 | yearly | 1992 - 2023 |
| Ireland (%) | 6.43 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Israel (%) | -2.29 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Italy (%) | 0.01 Dec 2024 | quarterly | Mar 1997 - Dec 2024 |
| Ivory Coast (%) | 3.26 2023 | yearly | 1992 - 2023 |
| Japan (%) | 0.59 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Kenya (%) | 0.50 2023 | yearly | 2011 - 2023 |
| South Korea (%) | 1.01 Dec 2024 | quarterly | Sep 1983 - Dec 2024 |
| Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
| Kyrgyzstan (%) | 5.93 2023 | yearly | 1993 - 2023 |
| Laos (%) | 1.80 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 0.85 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 2.12 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 0.02 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 1.46 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| North Macedonia (%) | 2.13 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Malawi (%) | -1.72 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malta (%) | -0.01 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Mauritius (%) | 5.39 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Mexico (%) | 0.33 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Moldova (%) | 1.56 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Mongolia (%) | 2.25 Dec 2024 | quarterly | Sep 2007 - Dec 2024 |
| Montenegro (%) | 4.92 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
| Mozambique (%) | 2.10 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
| Nepal (%) | 1.46 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | 1.13 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| New Zealand (%) | -0.50 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.90 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 2.87 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 5.57 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 3.22 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 3.32 2023 | yearly | 1992 - 2023 |
| Poland (%) | 4.15 Dec 2024 | quarterly | Dec 1999 - Dec 2024 |
| Portugal (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Qatar (%) | -0.77 2023 | yearly | 2012 - 2023 |
| Romania (%) | 0.11 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 1.87 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Singapore (%) | 3.50 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
| Slovakia (%) | 1.57 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Slovenia (%) | 1.88 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | -0.89 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Spain (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 2.56 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Switzerland (%) | 0.89 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
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Learn more about what we doArmenia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.5 Dec 2024 | quarterly | Dec 2002 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -362.780 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Tax Revenue (USD mn) | 586.676 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| National Government Debt (USD mn) | 12,842.2 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Government Debt: % of GDP (%) | 50.3 Dec 2024 | quarterly | Dec 2013 - Dec 2024 |
| Forecast: Government Expenditure (AMD bn) | 4,374.501 2029 | yearly | 2005 - 2029 |
| Forecast: Government Net Debt (AMD bn) | 8,523.699 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (AMD bn) | 3,906.567 2029 | yearly | 1993 - 2029 |
| Consolidated Government Budget: Revenue and Grants (AMD mn) | 763,448.500 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Consolidated Government Budget: Balance (AMD mn) | -309,057.700 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 2,413,580.800 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Expenditure: ytd (AMD mn) | 2,955,267.300 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Balance: ytd (AMD mn) | -376,088.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 755,867.300 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Revenue and Official Transfers: ytd (AMD mn) | 2,579,178.600 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 146,547.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: ytd: RT: Revenue: Tax, Government Duties & Compulsory Social Insur... (AMD mn) | 2,390,895.000 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 557,751.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: ytd: RT: Revenue (AMD mn) | 2,552,483.800 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Deficit Financing: ytd (AMD mn) | 376,088.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Central Government Debt: Short Term (AMD bn) | 137.160 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Central Government Debt: Mid Term (AMD bn) | 913.649 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Central Government Debt: Long Term (AMD bn) | 3,842.039 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Central Government Debt: Domestic (AMD bn) | 2,533.260 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Central Government Debt: External (AMD bn) | 2,559.458 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Central Government Debt: % Nominal GDP (%) | 46.700 2022 | yearly | 1999 - 2022 |
| Central Government Debt (AMD bn) | 5,092.719 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
| Trade Balance (USD mn) | -412.9 Jan 2025 | monthly | Nov 1995 - Jan 2025 |
| Total Exports (USD mn) | 482.2 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Exports Growth (%) | -49.2 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Aluminum: Exports (USD th) | 104,497.100 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 18,917.932 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 16,026.864 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 895.1 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Imports Growth (%) | -33.5 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Imports: Medicament (USD th) | 168,753.777 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 60,930.346 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 3.908 Nov 2024 | monthly | Jun 1996 - Nov 2024 |
| Total Imports from USA (USD mn) | 20.544 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Total Exports to China (USD mn) | 38.102 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
| Total Imports from China (USD mn) | 161.427 Jan 2025 | monthly | Jun 1998 - Jan 2025 |
| Trade Balance: ytd (USD mn) | -412.900 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
| Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
| Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
| Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
| Exports: ow Bulgaria (USD mn) | 1.604 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Exports: ow China (USD mn) | 38.102 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Exports: ow Iran (USD mn) | 8.941 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Exports: ow Russian Federation (USD mn) | 166.665 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Exports: ow United States (USD mn) | 3.908 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
| Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
| Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
| Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
| Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
| Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
| Imports: ow Iran (USD mn) | 59.535 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Imports: ow Russian Federation (USD mn) | 288.834 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Imports: ow United States (USD mn) | 20.544 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Household Debt: % of GDP (%) | 30.8 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Non-Performing Loans (USD mn) | 504.878 Oct 2024 | monthly | Dec 2008 - Oct 2024 |
| Money Supply M1 (USD mn) | 5,455.567 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Money Supply M2 (USD mn) | 9,669.826 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| M2 Growth (%) | 16.9 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Reserve Requirement Ratio (%) | 8.0 2023 | yearly | 2008 - 2023 |
| Foreign Exchange Reserves (USD mn) | 3,365.4 Feb 2025 | monthly | Dec 1993 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 14.187 Dec 2024 | quarterly | Dec 2013 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.7 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Gold Reserves (USD mn) | 0.000 Feb 2025 | monthly | Dec 1992 - Feb 2025 |
| Total Deposits (USD mn) | 15,970.145 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Deposits Growth (%) | 14.2 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Domestic Credit (USD mn) | 20,525.6 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
| Domestic Credit Growth (%) | 23.6 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
| Household Debt (USD mn) | 7,929.0 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Loans (USD mn) | 16,467.304 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Loans Growth (%) | 26.16 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 57.79 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Money Supply: M2X: M2 (AMD mn) | 3,930,096.817 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Money Supply: M2X: M2: M1 (AMD mn) | 2,220,585.771 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Money Supply: sa: M1 (AMD mn) | 2,114,687.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Money Supply: M2X (AMD mn) | 5,759,728.723 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Money Supply: sa: M2 (AMD mn) | 3,748,218.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Monetary Base: sa (AMD mn) | 1,756,053.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 802,653.207 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| International Reserves: USD (USD mn) | 3,371.459 Feb 2025 | monthly | Jan 2003 - Feb 2025 |
| International Reserves: USD: Gold (USD mn) | 0.000 Feb 2025 | monthly | Sep 2003 - Feb 2025 |
| Commercial Banks Credit: Residents: Enterprise (AMD mn) | 2,675,177.225 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Commercial Banks Credit (AMD mn) | 6,543,283.143 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Commercial Banks Credit: Residents: Households (AMD mn) | 3,150,587.326 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
More Indicators for Armenia
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