YEREVAN, July 14. /ARКА/. According to EDB forecasts, Armenia’s economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
“Inflation is forecast to be close to the target throughout the forecast horizon and will amount to 3.1% by the end of 2025,” the EDB macro review says.
EDB experts believe that the average dram exchange rate this year is expected to be at the level of the previous year – 392 drams per dollar. “The exchange rate will be supported by the growth of revenues from the export of tourism services and the influx of remittances,” the study notes.
Figures and forecasts for the Armenian economy
Armenia’s economic growth in the state budget for 2025 is envisaged at 5.1%. According to the Central Bank’s monetary policy report for the second quarter of this year, by the end of 2025, Armenia’s GDP growth is expected to be 5.1-4.6% depending on the scenario (A-B), in 2026 – 4.9-4.4%, in 2027 – 4.7-5%.
As for inflation, it is set at 3% (±1%) in the state budget for 2025. According to the Central Bank’, inflation is expected to be 3.4-3.2% depending on the scenario (A-B), the forecast for 2026 is 3.2-2.9%, and for 2027 – 3.2-3.1%. ($1 – 383.74 drams).-0-
