In January-March 2023, Armenia recorded positive economic growth compared to the same period in the previous year. The economic activity indicator increased by 12.2%. Growth was recorded in all sectors of the economy, due to an increase in both internal and external demand. These positive growths resulted in a favorable movement in Armenia’s trade, particularly in Armenia's exports, which grew by 2.3x compared to the same period in 2021. For more information, please click here.