Armenia's economic growth will reach 5% in 2025 and accelerate to 5.5% in 2026, according to the IMF forecast
04.12.2025,
15:21
Armenia’s economic performance has remained strong despite a series of shocks amid an uncertain global environment, the Executive Board of the International Monetary Fund (IMF) said after concluding the 2025 Article IV consultation, and completing the sixth review under the Stand-By Arrangement (SBA).
YEREVAN, December 4. /ARKA/. Armenia’s economic performance has remained strong despite a series of shocks amid an uncertain global environment, the Executive Board of the International Monetary Fund (IMF) said after concluding the 2025 Article IV consultation, and completing the sixth review under the Stand-By Arrangement (SBA).
It says thanks to the authorities’ agile policies and unforeseen inflows of labor and capital, real GDP grew on average by 8.9 percent annually in the past three years, and is expected to remain strong reaching about 5 and 5.5 percent in 2025 and 2026, respectively.
It is noted that the economic outlook remains positive, with steady growth and inflation converging to the CBA’s target. Continued implementation of prudent policies and acceleration of reforms will be critical to further strengthen resilience and secure inclusive and sustainable growth in the period ahead.
The Executive Board of the International Monetary Fund (IMF) said on December 3 that it concluded the 2025 Article IV consultation, completed the sixth review under the Stand-By Arrangement (SBA), and subsequently cancelled the SBA and approved a new 36-month SBA with Armenia amounting to SDR 128.8 million (100 percent of Armenia’s quota in the IMF or about US$ 175 million).
Upon the Board’s approval of the new SBA, an amount equivalent to SDR 18.4 million (about US$25 million) becomes immediately available to Armenia. The remaining amount will be made available in equal tranches, subject to six semi-annual reviews. The Armenian authorities have indicated that they intend to treat the arrangement as precautionary.
Armenia's 2025 state budget projects economic growth at 5.1%.
It says thanks to the authorities’ agile policies and unforeseen inflows of labor and capital, real GDP grew on average by 8.9 percent annually in the past three years, and is expected to remain strong reaching about 5 and 5.5 percent in 2025 and 2026, respectively.
It is noted that the economic outlook remains positive, with steady growth and inflation converging to the CBA’s target. Continued implementation of prudent policies and acceleration of reforms will be critical to further strengthen resilience and secure inclusive and sustainable growth in the period ahead.
The Executive Board of the International Monetary Fund (IMF) said on December 3 that it concluded the 2025 Article IV consultation, completed the sixth review under the Stand-By Arrangement (SBA), and subsequently cancelled the SBA and approved a new 36-month SBA with Armenia amounting to SDR 128.8 million (100 percent of Armenia’s quota in the IMF or about US$ 175 million).
Upon the Board’s approval of the new SBA, an amount equivalent to SDR 18.4 million (about US$25 million) becomes immediately available to Armenia. The remaining amount will be made available in equal tranches, subject to six semi-annual reviews. The Armenian authorities have indicated that they intend to treat the arrangement as precautionary.
Armenia's 2025 state budget projects economic growth at 5.1%.
