The World Bank in Armenia

Armenia’s economy has undergone a profound transformation since independence. Sustained growth, ambitious reforms, as well as inflows of capital and remittances have created a market-oriented environment. However, the global financial crisis has impacted the economy significantly.

Featured

Feature Story

30 Years Since Spitak

All images on this page are submissions to the photo contest commemorating 30 years since the 1988 Spitak Earthquake.

Press Release

Accelerating Pace of Reforms

Armenia is among economies that accelerated pace of reforms to improve business climate, says Doing Business report.

Result

Improving Education

While Armenia has made progress in achieving nearly universal enrollment in primary and middle school, pre-school enrollment...

Armenia At-A-Glance

Armenia’s transition from a semi-presidential system to a parliamentary republic is close to complete. Parliamentary elections in April 2017 were conducted according to the amended Constitution and new electoral law, and the president will be elected by parliament rather than popular vote in spring 2018. Armenia’s national and regional contexts show that the country is at an inflection point.

Overview

Country Data

Data

Projects in Armenia

Armenia Fourth Development Policy Financing (US$ 50 mln)

The objective of the proposed project is to support a wide range of reforms promoting fiscal, social and environmental sustainability and strengthening competitiveness. This is the last operation in a programmatic series of four DPFs spanning 2013-2016.

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Research

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Country Economic Update - Summer 2018

An Opportunity to Unlock Armenia's Potential

Systematic Country Diagnostic

Future Armenia: Connect, Compete, Prosper

Country Economic Update

A Window of Opportunity to Tackle Challenging Reforms

Technical Assistance Reports

South Caucasus Gender Assessment - Armenia

Armenia in Figures

The Human Capital Index quantifies the contribution of health and education to the productivity of the next generation of workers. Countries can use it to assess how much income they are foregoing because of human capital gaps, and how much faster they can turn these losses into gains if they act now.

Armenia: Brief | In Armenian | Full Data