Emil Danielyan
Information technology (IT) companies remain the fastest-growing
sector of Armenia’s economy that has expanded by 25 percent in 2014,
according to official statistics.
Preliminary data from the Armenian Ministry of Economy shows the
combined output of the nearly 400 IT firms operating in the country
reaching almost $475 million. The figure is equivalent to about 5
percent of Gross Domestic Product and almost one-third of Armenian
exports in 2013.
