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Since the popular, non-violent, velvet revolution of 2018, Armenia's economy has grown by almost 30 percent. Pashinyan


In 2023, we had an economic growth of 8.7 percent, which is higher than the target expressed in the pre-election program for the 2021 special elections. Prime Minister Nikol Pashinyan said about this during the joint session of the NA standing committees, while discussing the performance of the 2023 state budget: "Both in 2022 and 2023, we had economic growth higher than that goal, and our goal was as follows: on average per year to have 7 percent economic growth. But it is also important to record that since the popular, non-violent, velvet revolution of 2018, Armenia's economy has grown by almost 30 percent. This is a very important indicator. Compared to 2017, GDP per capita has grown by 37 percent in real terms, and in dollar terms, it has more than doubled," said the Prime Minister.

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