YEREVAN, April 9. /ARKA/. The Asian Development Bank has lowered Armenia’s economic growth forecast for 2025 to 5%, said Don Lambert, ADB Country Director for Armenia.
Earlier, the ADB forecast economic growth of 6% in 2025.
“In 2025, the drivers of economic growth will be internal, not external factors. We expect that the main driver of economic growth will be the services sector, in the context of which growth is projected to reach 6%,” Lambert said at the presentation of the ADB review in Yerevan on Wednesday.
Answering a question from the ARKA news agency regarding the forecast for 2026, Lambert announced the figure of 4.7%.
Armenian Economic Figures and Forecasts
Armenia’s economic growth is projected at 5.1% in the state budget for 2025. According to the Central Bank’s Monetary Policy Report for the first quarter of 2025, Armenia’s GDP growth is expected to be between 7-4.8% in 2025, 4.7-4.1% in 2026, and 4.7-6.1% in 2027.
The World Bank expects Armenia’s economy to grow by 5% in 2025, the IMF by 4.9%, and the EBRD by 4.8%.-0-
