Gagik Minasyan was born on April 5, 1950 in Yerevan.
Mr. Minasyan graduated in EPM engineering from the Yerevan Polytechnic Institute in 1972.
From 1972-1997 he worked first as an engineer and later, senior scientific associate, head of a subdivision, and then head of the data processing unit at the Yerevan Scientific Research Institute of Mathematical Machines. From 1998-1999 he was an advisor to the prime minister.
From 1997-1999 he served in the NA from the proportional list of the Republic bloc. He was a member of first the Republic Faction and later Yerkrapah Deputy Group.
From 1999-2003 he served in the NA from the proportional list of the Unity Alliance and he was first a member and later chairman of the NA Standing Committee on Financial-Credit, Budgetary and Economic Affairs. He was also a member of the Unity Faction.
On May 25, 2003 he was reelected to the NA from the proportional list of the Republican Party of Armenia and he is the chairman of the NA Standing Committee on Financial-Credit, Budgetary and Economic Affairs. He is also a member of both the Republican Party of Armenia Faction and the political board.
Mr. Minasyan is married and has two children.