4 Kommentare

  1. Which means next year we’re technically becoming a middle income economy. Keep this path for 10 years and we will be richer than Azerbaijan and have higher GDP per capita than Russia.

  2. Middle-Support-7697 on

    That’s a pretty ambitious update, I do think it is possible but I just hope the region at large normalises because there’s too much uncertainty currently.

  3. Pure inflation. Everything is getting more expensive so GDP grows no real income growth at all.

  4. growth is very organic, came from completely different sectors during different times since 2022 and the overall dynamics of the economy are fantastic.

    But there is no reality where we can mantain these levels systematically for more years. If we kept another 5 years at 7% real growth Armenia should appear on economic textbooks as an example to follow lol.

    People need to realize that since 2022 we had booms in all the sectors during different times that pushed the growth in their respective years. Right now it’s Mining and finance. Which sectors are gonna have similar projection in the next years ? It’s impossible to have a rotation of booms that keep the economy growing at ridiculous rates forever.

    The only way is through some new structural bullshit like opening up the land borders or suddenly getting into the AI race and seriously benefiting from it.

    But great news otherwise 👍

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