Content type

Armenia's Economy To Contract Amid Delta-Fuelled Fourth Wave

Country Risk / Armenia / Sun 22 Aug, 2021

Key View

  • At Fitch Solutions, our outlook for the Armenian economy remains pessimistic for 2021 and 2022. We now forecast the economy to grow by 3.5% in 2021 and 4.3% in 2022 after a dramatic real GDP contraction of 7.6% in 2020.
  • Real GDP grew by a solid 13.1% due to a combination of favourable base effects and an economic rebound as the
Read More

Armenia's Economy To Contract Amid Delta-Fueled Fourth Wave

Country Risk / Armenia / Sun 22 Aug, 2021

Key View

  • At Fitch Solutions, our outlook for the Armenian economy remains pessimistic for 2021 and 2022. We now forecast the economy to grow by 3.5% in 2021 and 4.3% in 2022, after a dramatic real GDP contraction of 7.6% in 2020.
  • Real GDP grew by a solid 13.1% on a combination of favourable base effects and an economic rebound as the
Read More
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