IMF forecasts 7% economic growth for Armenia in 2023

The International Monetary Fund (IMF) expects Armenia's economy to grow by 7% in 2023 in its latest World Economic Outlook.

The IMF predicted 5.5% economic growth in Armenia in April. Armenia’s economic growth is expected to slow down to 5% in 2024.

Experts also expect inflation in Armenia to reach 3.5% in 2023 and 4% in 2024.