ArmInfo. Compared to the same period last year, Armenia's GDP growth in Q3 2025 was 6.2%. Armenian Minister of Economy Gevorg Papoyan shared this information on his Facebook page.
"We continue to experience higher economic growth rates than projected in the 2025 budget and by international organizations," he emphasized.
Recall, the draft budget for 2025 projects economic growth at 5.6%. The European Bank for Reconstruction and Development (EBRD) has revised its GDP growth forecast for Armenia in 2025 to 5% from the previous 4.8% (compared to actual growth of 5.9% in 2024), with an expected slowdown in 2026 to 4.5%. The International Monetary Fund (IMF) expects economic growth in Armenia to be 5%, increasing to 5.5% in 2026. In its April forecasts, the World Bank (WB) predicted a further slowdown in Armenia's GDP growth to 4% in 2025 and 4.2% in 2026. Meanwhile, in the updated September forecast of the Central Bank of Armenia, the GDP growth rate in 2025 was revised to 5.8-5.7%, depending on the inflation trajectory. According to the Eurasian Development Bank (EDB), Armenia's economy is expected to stabilize with a growth trajectory of 5.5% in 2025-2027. The Asian Development Bank (ADB) expects Armenia's GDP growth to be 5% in 2025, decreasing to 4.7% in 2026. Fitch forecasts Armenia's GDP growth to be 5% in 2025 and 4.7% in 2026.
