International Monetary Fund revises upward its projections for Armenia's economic growth for 2025 and 2026

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Economy

14.10.2025, 18:12

The International Monetary Fund (IMF) anticipates that Armenia's economy will expand by 4.8% by the conclusion of 2025, as detailed in its October World Economic Outlook report.

International Monetary Fund revises upward its projections for Armenia's economic growth for 2025 and 2026

YEREVAN, April 23. /ARKA/. The International Monetary Fund (IMF) anticipates that Armenia's economy will expand by 4.8% by the conclusion of 2025, as detailed in its October World Economic Outlook report.

In a comparable report issued in April of this year, the IMF had estimated a 4.5% growth rate for Armenia's economy in 2025.

The latest report further indicates that economic growth in Armenia for 2026 is expected to be 4.9%, an increase from the April report's forecast of 4.5%.

IMF analysts also project that inflation in Armenia will reach 3.3% in 2025, subsequently decreasing to 2.8% in 2026.

The economic growth rate for Armenia is anticipated to be 5.1% according to the 2025 state budget. The Central Bank's monetary policy report for the third quarter of this year predicts that Armenia's GDP growth will be between 5.8% and 5.7% by the end of 2025, between 5.7% and 6.2% in 2026, and between 5% and 6.3% in 2027, depending on various scenarios.

The Eurasian Development Bank (EDB) forecasts a GDP growth of 5.5% for Armenia in 2025. The World Bank projects a 5.2% growth, the EBRD at 5%, and the ADB a 6% growth.

According to Fitch Ratings, Armenia's economic growth in 2025 is expected to be 4.9%, whereas the UN anticipates a growth of 5.2%. -0-

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