Eurasia Armenia Snapshot


GDP. Growth in 2018 is expected at 5.6%. This is lower than the 7.5% recorded for 2017, but that was boosted with one-offs such as a new mine start-up. The main drivers of growth last year were mining sector exports (copper and gold), the US$1.5 bln received in remittances (two-thirds from Russia) and strong growth in the technology sector.