Statistical overview (April. 2021)
2021-04-30 11:15
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
Annual report 2020
2021-04-27 08:08
Governor's message
Dear reader,
2020 was my first year as CBA Governor. At the time of my appointment as Governor by the National Assembly on June 15, the country was experiencing the first wave of coronavirus, and it was a difficult period for the economy. The Central Bank had to work mainly remotely, but with no less effort. While the global uncertainty was great, we all hoped that the world would soon overcome the pandemic and that life would return to normal.
During the difficult...
Collector coins of the Republic of Armenia-2020
2021-04-23 16:04
Dear reader,
We are pleased to present the annual journal “Collector Coins of the Republic of Armenia 2020”.
In 2020, as had become customary, the Central Bank of Armenia issued a number of collector coins to celebrate anniversaries of famous individuals: the 100th birth anniversaries of world-renowned French-Armenians Henri Verneuil (a filmmaker) and Jansem (painter), the 125th birth anniversary of the famous Armenian actor Hrachya Nersisyan and the 150th birth anniversary of the...
Statement of financial position as at 31 March 2021
2021-03-31 10:22
Statement of financial position as at 31 March...
Statistical overview (March. 2021)
2021-03-30 23:34
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
INFORMATION On the Structure of International Reserves of the Republic of Armenia 2020 year
2021-03-30 17:22
INFORMATION On the Structure of International Reserves of the Republic of Armenia 2020...
Inflation report 2021/1 (Monetary Policy Program Q1 2021, Status report on Implementation of the Monetary Policy Program Q4 2020)
2021-03-30 06:48
Executive summary
Amid the continuing spread of the coronavirus worldwide, the state of martial law declared in Armenia since the end of last year, and the resulting uncertainty over the economic outlook, Armenia at the beginning of 2021, continues to experience low economic activity and a weak demand environment. Meanwhile, a sizable surge in inflation and inflation expectations was observed. It is estimated that the inflationary trends were mainly due to supply factors, including...
Statistical overview (February. 2021)
2021-02-28 23:28
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
Status Report on Implementation of the Monetary Policy Program (Q1, 2020 - Q4, 2020)
2021-02-25 21:28
(2020/4) The monetary policy carried out by the Central Bank of Armenia in 2020 was steered to ensuring a 4% target for the 12-month inflation in the forecast horizon. The inflationary environment remained low during the year mainly due to a weak demand which had been driven notably by consequences of COVID-19 outbreak in the world and Armenia since the beginning of the year and health and economic effects of the martial law declared in the country on September 27th. They were reflected in both...
Statistical overview (January. 2021)
2021-01-30 23:22
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
Statement of financial position as at 31 December 2020
2020-12-31 10:34
Statement of financial position as at 31 December...
Statistical overview (December. 2020)
2020-12-30 16:08
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
Inflation report 2020/4 (Monetary Policy Program Q4 2020, Status report on Implementation of the Monetary Policy Program Q3 2020)
2020-12-29 11:32
Executive summary
Armenia’s macroeconomic environment in the fourth quarter of 2020 shaped as the new wave of coronavirus pandemic broke out all over the world, including Armenia. In addition, important influence came from the martial law declared in Armenia due to the large-scale offensive unleashed by Azerbaijan on September 27th along the entire line of contact with the Artsakh Republic. These factors are estimated to have added to uncertainties about the economic outlook, which will...
Statistical overview (November. 2020)
2020-11-30 16:04
Statistical overview
The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...
Status Report on Implementation of the Monetary Policy Program (Q4, 2019 - Q3, 2020)
2020-11-20 21:09
(2020/3 ) During the year preceding the fourth quarter of 2020, the inflationary environment in Armenia remained low due to both demand and supply-side factors. Thus, in the course of the fourth quarter of 2019 and first quarter of 2020 the Government carried out somewhat a contractionary fiscal policy, and mainly deflationary effects were transmitted from the outside world. The low inflationary environment was also driven by diverse competition observable in a number of commodity markets...