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IMF Lowers Growth Forecast for Armenia in 2025

23.04.2025, 10:19
The International Monetary Fund (IMF) has revised its growth forecast for Armenia's economy, now anticipating a rise of 4.5% by the end of 2025, according to the latest April edition of the World Economic Outlook report.
IMF Lowers Growth Forecast for Armenia in 2025
YEREVAN, April 23. /ARKA/. The International Monetary Fund (IMF) has revised its growth forecast for Armenia's economy, now anticipating a rise of 4.5% by the end of 2025, according to the latest April edition of the World Economic Outlook report. This figure represents a decline from the 4.9% growth estimate issued in the same report last year.

The IMF's updated outlook also projects that Armenia's economy will continue to grow at the same rate of 4.5% in 2026.

Additionally, analysts from the IMF predict that inflation in Armenia will reach 3.3% in 2025, easing slightly to 3% in 2026. For comparison, the Armenian government's state budget for 2025 anticipates economic growth of 5.1%, with inflation projected at 3% (±1%).

Notably, inflation in Armenia stood at 3.3% year-on-year in March, an increase from 2.5% in the previous month.