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Armenia has gone through a dramatic and remarkable process of economic transformation and reform over the last two decades.

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Listening to youth voices and respecting their right to be heard should be at the heart of any development goals.

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Armenia in Figures


A combination of low commodity prices, declining remittances, weak domestic demand and increased political uncertainty undermined Armenia’s growth and fiscal position, and reversed the trend in poverty reduction in 2016. While the economy is expected to recover modestly over the medium term, the parliamentary and presidential elections slated for 2017-18 may delay progress on the structural reform agenda and undermine prospects for further poverty reduction. Read more...

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Experts

Mercy Tembon

Regional Director for the South Caucasus

Sylvie Bossoutrot

Country Manager for Armenia

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Country Office Contacts

Yerevan, Armenia
9 Grigor Lousavorich St., Yerevan 0015, Armenia
+374-10-52-09-92
yerevan@worldbank.org