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Analysis by Region - Emerging Markets - Armenia

Publisher Oxford Economics
Published Nov 29, 2024
Length 3 Pages
SKU # OFE19416534

Description

Analysis by Region - Emerging Markets - Armenia



We estimate 2024 GDP growth of 6.8% for Armenia and project growth will slow to 3.4% in 2025. Growth in 2024 has been broad-based, as all main domestic demand components have increased. In 2025, the key contributors to growth will be narrower, mainly driven by a 5.7% increase in private consumption and a 2.2% rise in government consumption. Meanwhile, fixed investment is expected to underperform in 2025.

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3 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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