The turnover of the RA IT sector in 2023 at current prices was about 837 billion drams, 252 billion drams or 43% more than last year.
As of October 2024, the number of PMP-certified professionals in Armenia reached 429, a 64% increase compared with July 2022. In 2024 Armenia leads CIS countries by the number of active PMP certificate holders per million population.
In January-September 2024, RA banks registered AMD 268 billion net profit, which is about 25% more than last year. The highest profit was registered by Ardshinbank (AMD 83 billion). All banks made a profit, but 3 out of 18 commercial banks recorded a decrease in net profit.
In 2024, the number of professionals with a CFA certificate in Armenia reached 61, an increase of 16 or 26.2% compared to 2020. As in 2020, in 2024 Armenia continues to lead CIS countries in the number of CFA charterholders per million population.
Over the last 10 years, the top 10 Armenia-born tech startups by funding size raised around $490 million in funds, with Picsart accounting for 39.8% or $195 million. Among these startups, only Picsart and CodeSignal have raised Series C funding, securing $130 million and $50 million, respectively․ In 2024, EasyDMARC ($20 million), Podcastle ($13.5 million), […]