Economic growth in Armenia is likely to slow to 5 percent in 2023, compared to the first quarter of (12.2 percent) the year and compared to 2022 (14.2 percent). This is stated in the analysis of the experts from the European Bank for Reconstruction and Development (EBRD).

The EBRD experts predict that in 2024 this indicator will be 5.3 percent in Armenia.

However, the country’s economic growth prospects, according to their calculations, are clouded by high geopolitical risks.