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Armenia - Country Partnership Framework for the Period FY25-FY29

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-02-04T22:28:38Z
dc.date.available2025-02-04T22:28:38Z
dc.date.issued2025-02-04
dc.description.abstractArmenia, a landlocked country in the South Caucasus with a population of three million, has registered important achievements over the past two decades. Between 2000–2023, Armenia achieved robust economic growth averaging 6.3 percent, above the average for Europe and Central Asia (excluding high-income countries). Growth has been accompanied by a structural transformation of the economy with a gradual shift from low-productivity agriculture toward industry and services (especially, tourism and Information and Communication Technology (ICT)). The country has achieved near eradication of extreme poverty and has registered important improvements in life expectancy, survival rates, school enrollment rates and other welfare measures, although the incidence of poverty remains high, considering Armenia’s income level, particularly in the rural areas. Armenia has a record of sound macroeconomic management and a stable financial sector. All these factors enabled Armenia to graduate from the International Development Association (IDA) in 2014 and be an upper middle-income country (UMIC) since 2019. Armenia became an IDA donor in 2023 and its Gross National Income per capita stands at US$7,330 in 2023. To build on these achievements, stem outward migration, and avoid the middle-income trap, Armenia will have to transition towards a growth model with a greater focus on job creation and resilience. 1en
dc.identifierhttp://documents.worldbank.org/curated/en/099121824120033756/BOSIB1dea5585c0c51abb91d17d1f8a3a0b
dc.identifier.doi10.1596/42759
dc.identifier.doihttps://doi.org/10.1596/42759
dc.identifier.urihttps://hdl.handle.net/10986/42759
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectDECENT WORK
dc.subjectPARTNERSHIP FOR THE GOALS
dc.subjectINFORMATION AND COMMUNICATIONS TECHNOLOGIES (ICT)
dc.subjectCLIMATE ACTION
dc.subjectINNOVATION
dc.titleArmenia - Country Partnership Framework for the Period FY25-FY29en
dc.typeCountry Partnership Framework
dspace.entity.typePublication
okr.date.disclosure2025-02-04
okr.date.doiregistration2025-04-14T11:59:49.162872Z
okr.date.lastmodified2025-01-21T00:00:00Zen
okr.doctypeCountry Partnership Framework
okr.doctypeCountry Focus
okr.docurlhttp://documents.worldbank.org/curated/en/099121824120033756/BOSIB1dea5585c0c51abb91d17d1f8a3a0b
okr.guid099121824120033756
okr.identifier.docmidBOSIB-dea5585c-dfea-43c5-abb9-d17d1f8a3a0b
okr.identifier.externaldocumentum34438342
okr.identifier.internaldocumentum34438342
okr.identifier.report186451
okr.import.id6495
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099121824120033756/pdf/BOSIB1dea5585c0c51abb91d17d1f8a3a0b.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryArmenia
okr.topicGovernance::International Governmental Organizations
okr.topicInformation and Communication Technologies::ICT Applications
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicEnvironment::Adaptation to Climate Change
okr.unitWorld Bank Office: Yerevan (ECCAR)
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