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Reports

Collector coins of the Republic of Armenia - 2022 2023-05-11 14:41

Dear reader We are pleased to present the annual journal “Collector Coins of the Republic of Armenia–2022”. In line with the annual program on issuance of collector coins in 2022, the Central Bank of Armenia issued collector coins dedicated to a number of remarkable events in history and culture, once again highlighting that such events deserve to be further appreciated and popularized among not only Armenians, but the international and numismatic community as well. On...

Financial Stability Report (2022 annual report) 2023-04-18 17:16

More detailed information on Armenia’s macroeconomic environment is available in the Inflation Report, Monetary Policy Program, Status Report on Implementation of the Monetary Policy Program periodical publications. Previous publications of the Financial Stability Report and Inflation Reports are available on the official website of the Central Bank of Armenia (www.cba.am).  EXECUTIVE SUMMARY   In an environment of increased uncer­tainties caused by the geopolitical...

Annual report 2022 2023-04-18 16:31

Governor's message Dear reader, We are pleased to share our Annu­al Report which highlights the challenges, approaches to overcoming them, and the achievements we had in 2022. The year 2022 was stormy and full of challenges, ones for the regional economy, af­fecting Armenia’s economy. Nevertheless, the results achieved show that the year was very positive for the development of our economy. Inflation in global commodity markets and sharp increases in inflation in...

Statement of financial position as at 31 March 2023 2023-03-31 16:06

Statement of financial position as at 31 March...

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2022 year, 2023-03-31 11:17

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2022...

Inflation report 2023/1 (Monetary Policy Program Q1, 2023, Status report on implementation of the Monetary Policy Program, Q4, 2022) 2023-03-27 16:36

Executive summary In the first quarter of 2023, the economic activity remains sluggish in the world economy and, particularly, the main partner countries to Armenia. In these countries, the 12-month inflation is gradually slowing down, largely owing to the continued decrease in the food and energy prices. However, the impact of high demand and inflation expectations on the inflation still prevailing; specifically, the growth of service prices in a number of advanced economies continues to stay...

Status Report on Implementation of the Monetary Policy Program (Q1, 2022 - Q4, 2022) 2023-02-28 22:58

(2022/4) In the one-year period between the 1st quarter and the 4th quarter of 2022 Armenia’s inflation environment has been high, with the latter largely determined by the influence of escalation of the Russian-Ukrainian conflict since the end of February, various sanctions imposed on Russia and many uncertainties derived from them. These factors, in the aftermath effects of the coronavirus pandemic, again led to significant supply chain disruptions that were expressed in international...

Statistical overview (January. 2023) 2023-01-30 11:06

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 2022 2022-12-31 16:23

Statement of financial position as at 31 December...

Statistical overview (December. 2022) 2022-12-30 22:57

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 2022/4 (Monetary Policy Program Q4, 2022, Status report on implementation of the Monetary Policy Program, Q3, 2022) 2022-12-27 12:24

Executive summary In the fourth quarter of 2022, the slowdown of global economic activity, particularly among the main partner countries of Armenia, continues. Parallel to that, a high inflationary environment persists in the main partner countries of Armenia, mainly due to still positive developments in demand. As a result of contractionary monetary policy aimed at alleviating the high inflation in the developed countries, a certain drop of prices in international commodity markets is...

Statistical overview (November. 2022) 2022-11-30 22:52

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 2022 year, III quarter 2022-11-29 16:47

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2022 year, III...

Status Report on Implementation of the Monetary Policy Program (Q4, 2021 - Q3, 2022) 2022-11-29 16:43

(2022/3) Executive summary In the period from the 4rd quarter of 2021 to the 3rd quarter of 2022, a high inflationary environment persisted in Armenia. Both the inflationary effects transmitted from the external sector and the growth of domestic demand contributed to it. The significantly weakening impact of the pandemic on the global economy from the end of 2021 onwards, resulted in a faster-than-expected recovery in economic activity and aggregate demand. However, such growth of global...

Statistical overview (October. 2022) 2022-10-30 22:46

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...

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