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World Bank projects 4.2% GDP growth in Armenia in 2019
2019-04-05 17:26:08

The World Bank projects a 4.2% GDP growth in Armenia in 2019.

Economic growth in the Europe and Central Asia region slowed to 3.1% in 2018, and is projected to decline to 2.1% in 2019, amid slowing global growth and uncertain prospects, according to the World Bank’s Economic Update for Europe and Central Asia, released today.

The World Bank said Armenia’s economy slowed in late-2018 but still grew by 5.2 percent for the year, reflecting higher private investment and consumption.