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Central Bank of Armenia warned of significant external and internal risks for the economy and the 2027 state budget
Significant geopolitical and economic uncertainty continues to create significant external and internal risks for economic growth, tax revenues, public expenditure execution, and financing conditions in Armenia, stated Central Bank of Armenia Governor Martin Galstyan.Armenian government estimates the country's economic growth potential at 5-5.5% — Galstyan
According to the Armenian government, the country's economic growth potential has increased in recent years and stands at 5-5.5%, stated Central Bank of Armenia Chairman Martin Galstyan, presenting the regulator's conclusion on the draft state budget for 2027 to parliamentArmenia's economic growth will slow to 5.25% in 2026, and inflation will remain high in the near future – IMF
Armenia’s economic activity remains strong. Real GDP growth is expected to decelerate to around 5¼ percent in 2026 as domestic demand softens and some trade disruptions from the war in the Middle East materialize, the International Monetary Fund (IMF) said in a press release..Armenia aims to boost industrial production to 5 trillion drams over the next five years- Pashinyan
Prime Minister Nikol Pashinyan announced that Armenia's industrial output is set to rise by 50%, increasing from the current 3.3 trillion drams to 5 trillion drams, as he unveiled his Civil Contract party's election platform.Average annual GDP growth in Armenia is planned at 6% in the coming years – Pashinyan
The Armenian government aims to achieve an average annual GDP growth of no less than 6% in the upcoming years, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.The service sector in Armenia grew by 7.2% in January-February 2026, exceeding 630 billion drams
The service sector in Armenia in January-February 2026 amounted to 630,310.5 million drams (at current prices), an increase of 7.2% compared to January-February 2025, according to the Statistical Committee.Growth of foreign investor interest in government bonds was the main driver of the Armenian capital market in the first quarter - Sirius Capital
Growing interest in government bonds from foreign investors has recently become the main driver of the Armenian capital market, Anna Kazaryan, Head of Equity Research at Sirius Capital, stated in an interview with ARKA news agency.Central Bank of Armenia pointed out the risks of economic growth concentration in construction and services
The concentration of economic growth in the construction and services sectors in Armenia is a concern for the Central Bank of Armenia from an inclusive perspective, stated Central Bank Governor Martin Galstyan.Armenia's average annual economic growth from 2021 to 2025 was approximately 8.13%, according to minister
Armenia's average annual economic growth from 2021 to 2025 was approximately 8.13%, compared to the government's target of 7.0% for 2021–2026, the Minister of Economy Gevorg Papoyan revealed today.News 1 - 20 of 703
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