Traffic jams in Yerevan cost the Armenian economy about $200-300 million annually. This was stated by Vahram Mirakyan, co-founder and president of the Mantashyan Business Association:
According to him, for many countries and cities, the economic damage from traffic jams is estimated at about 1-2% of GDP. In some cases, poor transport organization can lead to economic losses of up to 4-5% of GDP:
The permanent population of Yerevan at the beginning of 2025 was about 1.148 million people, and the average monthly salary in Armenia was 303,140 drams:
Vahram Mirakyan noted that the loss of time due to traffic jams, additional fuel costs, and vehicle wear and tear cause an annual economic loss of about 59 billion drams, and in a severe scenario, up to 110 billion drams:
Therefore, combating traffic jams should be viewed as an issue of the country's productivity, competitiveness, and economic growth:
