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Armenia's economy grew 7.6% in January 2026, driven by rising electricity use and tourism, despite falling trade.
Armenia's economy showed growth in January 2026, with economic activity up 7.6% and electricity generation rising 18.1%, despite a 12% drop in foreign trade turnover to $1.28 billion.
S&P Global Ratings projects 5.3% GDP growth for 2026 and 4.8% in 2027.
Armenia and Azerbaijan are advancing talks on bilateral trade, with potential exports of food and foil.
Tourism is expanding, with arrivals up 28.6% in January, and new flights to Riga are planned.
The government is exploring small modular nuclear reactors, adjusting water supply due to infrastructure issues, and increasing pensions.
Lufthansa and the FIA are pursuing cooperation in aviation and motorsports.
La economía de Armenia creció un 7,6% en enero de 2026, impulsada por el aumento del uso de electricidad y el turismo, a pesar de la caída del comercio.