He was born on September 9, 1949 in Yerevan.
In 1971 he graduated from the Technical Cybernetics faculty of Yerevan Polytechnic Institute. In 1977 he was a post-graduate of the Institute of Economics of the Siberian Department of the USSR Academy of Sciences. He is an engineer-electrician, doctor of economics, professor.
In 1971-1974 he worked as a senior engineer in the Yerevan Research Institute of Mathematical Machines. In 1977-1993 he worked at the Research Institute of Economics and Planning of the Armenian State Planning as a senior research worker, head of sector, head of the division, deputy director on scientific works. In 1993-1999 he was head of social-economic division of the staff of the Supreme Council, then he was head of the economic analysis department of the staff of the National Assembly. In 1994-1996 he was elected member of the board of the Central Bank of the Republic of Armenia. In 2003-2007 he was the head of the Financial Accounting Chair of the Faculty of Economics of the Yerevan State University.
In 1980 he was conferred a title of a laureate of the All-Union competition on Public Sciences for the researches dedicated to the solution of the problems of economic development.
He is a member of the Academy of Natural Sciences of the Russian Federation, correspondent-member of the Engineering Academy of the Republic of Armenia.
He is an author of more than 130 publications.
He was elected as a deputy of the Regional Council twice of Yerevan Soviet district.
In 1999-2003 he was elected as a deputy (proportional electoral system, Miasnutiun/Unity ally). He was a member of the NA Standing Committee of the Financial-Credit, Budgetary and Economic Affairs. He was a member of Miasnutiun faction.
On May 12, 2007 he was elected as a deputy of the National Assembly by proportional electoral system from Bargavach Hayastan/Prosperous Armenia party.
He is married, has three children.