"Hayk's Arrow" Armenian Strategic Center

Armenia

Armenia’s economic expansion has been strong, but re-export exposure, uneven household gains and implementation constraints limit what headline growth alone can establish.

Overview

Growth across sectors

Sector growth rates in the same half-year period.

% year on year · First half of 2026 · World Bank October 2026 assessment

-11All bars share a zero baseline. Values, periods, statuses and sources are available in the data table.27.7

These are sector growth rates, not contributions to GDP growth. Negative values indicate contraction; rates must not be added together.

Data and sources

Indicators

10 / 10

Real GDP growth

Reported result
7.1%

2025; October 2026 vintage

[5]

Full-year real growth estimate

Estimate
5.6%

2026; World Bank October outlook

[5]

Central-government debt

Reported result
47.3% of GDP

2025; IMF staff statement, 17 April 2026 vintage

[255]

Fiscal deficit

Reported result
3.7% of GDP

2025; IMF staff statement, 17 April 2026 vintage

[255]

Current-account deficit

Reported result
7.2% of GDP

2025; IMF staff statement, 17 April 2026 vintage

[255]

Each indicator shows its own reference period, unit and evidence status.

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