Economic activity in Armenia increased by 7.2% year-on-year in February 2026, slowing slightly compared with January, when the figure stood at 7.6%. This is stated in the World Bank review "Armenia Monthly Economic Update – April 2026." Despite the slowdown, overall economic growth remained resilient.
The main drivers were industry and construction, where double-digit growth of 23.8% and 21.8%, respectively, was recorded. In industry, the mining sector and manufacturing stood out in particular, with growth reaching 67% and 23.8%. At the same time, electricity production and the energy sector showed a decline of 4.5%, which was partially offset by other areas.
Growth was also supported by services and trade, at 7% and 5.6%, respectively. The number of registered companies increased by 21.6%, while the number of OOO rose by more than 31%. Forecasts by international organizations for 2026 remain in the range of 5.3–5.5% GDP growth, indicating that the economy is staying on a moderately positive trajectory.
