ArmInfo. Economic growth in Armenia has approached balanced dynamics. This is stated in the latest macroeconomic review of the Eurasian Development Bank.
As noted in the EDB report, Armenia's GDP increased by 5.9% by the end of 2024. Sustainable high growth rates continued at the beginning of 2025 due to active consumer demand and expanded investment. Armenia emerged from deflation in 2024, and in February 2025, price dynamics returned to the target range, which was facilitated by a consistent reduction in the Central Bank's refinancing rate.
In general, as emphasized in the review, the economies of the EDB region continue to grow steadily after a record increase of 4.3% in the previous two years.
EDB analysts point out that new trade barriers could intensify deglobalization, slow global growth below 3% in 2025 and lead to lower commodity prices, which will negatively affect exporting countries.
The Eurasian Development Bank (EDB) is a multilateral development bank implementing investment activities in the Eurasian region. For over 18 years, the EDB has been promoting the strengthening and expansion of economic ties and the comprehensive development of its member countries. By 2025, the EDB's accumulated portfolio includes 305 projects with a total investment volume of $16.5 billion. The main share of the EDB's portfolio is occupied by projects with an integration effect in the areas of transport infrastructure, digital systems, green energy, agriculture, industry and mechanical engineering.
