IMF is dropping the spring 2024 economic outlook next week, will be interesting to see what they forecast for 2024/2025. In the last two months, our economic activity index rose by double digits again, so even if for the next months we’ll only have like 8-9% growth then we will still over-perform again.
Emporio-Armeni on
With the upcoming Long Term and Short term rental taxation another new growth sector is unveiled, that will be another growth factor that’s not factored in.
TrappedTraveler2587 on
May our GDP growth statistics continue to look like their inflation ones. A decade or two of this and things will be looking real good for Armenia and Georgia.
mojuba on
Keep in mind though, we had the biggest decline (-7.2%) in the region in 2020, so you could say we are only catching up with the rest.
Sir_Arsen on
I hope it will keep growing, tho it will drop for sure in one moment
berliner_telecaster on
Armenian authorities need to do everything to keep the foreign relocants inside of the country and make living in Armenia profitable and enjoyable for everyone. That’s the only way to keep these incredible numbers on such a high level long term
7 Comments
According to Asian Development Bank
[More detailed report](https://www.adb.org/sites/default/files/publication/908126/central-asia-ado-september-2023.pdf)
IMF is dropping the spring 2024 economic outlook next week, will be interesting to see what they forecast for 2024/2025. In the last two months, our economic activity index rose by double digits again, so even if for the next months we’ll only have like 8-9% growth then we will still over-perform again.
With the upcoming Long Term and Short term rental taxation another new growth sector is unveiled, that will be another growth factor that’s not factored in.
May our GDP growth statistics continue to look like their inflation ones. A decade or two of this and things will be looking real good for Armenia and Georgia.
Keep in mind though, we had the biggest decline (-7.2%) in the region in 2020, so you could say we are only catching up with the rest.
I hope it will keep growing, tho it will drop for sure in one moment
Armenian authorities need to do everything to keep the foreign relocants inside of the country and make living in Armenia profitable and enjoyable for everyone. That’s the only way to keep these incredible numbers on such a high level long term