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Country Economic Update March 2019

A Strong Mandate to Change Amid a Global Slowdown

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Systematic Country Diagnostic

Future Armenia: Connect, Compete, Prosper

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Technical Assistance Reports

South Caucasus Gender Assessment - Armenia

Armenia in Figures


After a sharp increase in poverty in 2008 and 2009 following the global financial crisis, poverty in Armenia has dropped continuously since 2010, reaching the pre-crisis levels. Poverty at US$3.2 (2011 PPP) a day fell to 12.3 percent in 2017 from the peak of 20.5 percent in 2010. The reduction of poverty was due to the growth of the manufacturing and service sector in urban areas and modest growth in agricultural output in rural areas.

 

Armenia: Brief | In ArmenianFull Data

 

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Experts

Sebastian Molineus

World Bank 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