YEREVAN, March 31. /ARКА/. In its weekly macroeconomic review, the EDB forecasts Armenia’s economic growth to be 5.5% in 2025.
The document notes that economic activity in Armenia increased by 4.1% year-on-year in January-February 2025. “The growth was driven by the services sector (+12.4% year-on-year), construction (+12.2% year-on-year), and trade (+7.8% year-on-year). A decline in the industrial sector (-19.4% year-on-year) and negative dynamics in exports (-50.7% year-on-year) and imports (-45.8% year-on-year) persisted due to the exhaustion of the positive effect from the increased foreign trade and precious metals processing at the beginning of last year,” the macroeconomic review states.
The EDB expects economic activity to accelerate in the second half of the year as industrial output recovers, forecasting Armenia’s GDP growth to reach 5.5% in 2025.
Economic Growth Figures and Forecasts for Armenia:
Armenia’s economic growth in the state budget for 2025 is projected at 5.1%. According to the Central Bank’s monetary policy report for the first quarter of 2025, Armenia’s GDP growth is expected to range from 7% to 4.8% by the end of 2025, from 4.7% to 4.1% in 2026, and from 4.7% to 6.1% in 2027.
The EDB forecasts Armenia’s GDP growth to be 5.5% in 2025. The World Bank expects a growth of 5% in 2025, the IMF forecasts 4.9%, the EBRD anticipates 4.8%, and the ADB projects 6%. According to Fitch Ratings, Armenia’s economy is expected to grow by 4.9% in 2025, while the UN forecasts a 5.2% growth for 2025 and 4.7% for 2026. (Exchange rate: $1 = 391.59 drams)
