Monday, August 31 2026 12:27
Alexandr Avanesov

EDB expects strong economic activity in Armenia to continue in 2026,  driven by domestic sources of growth

EDB expects strong economic activity in Armenia to continue in 2026,  driven by domestic sources of growth

ArmInfo.  According to forecasts from the Eurasian Development Bank, Armenia's GDP will grow  by 6% in 2026. This is stated in the Bank's weekly macroeconomic  review.

According to the source, economic activity in Armenia grew by 7.7%  year-on-year in January-July 2026, following 7.9% year-on-year in  January-June. Services (+13.2% year-on-year) made the main  contribution, while high growth rates were also observed in  construction (+25.0%) and industry (+9.5%).

The services sector grew thanks to IT and industries associated with  strong tourism. Construction was supported by robust growth in  mortgage lending. "We expect high economic activity to continue in  2026 due to internal sources of growth," the EDB said in a statement.