The World Bank reports 5.3% economic growth for Armenia in 2018, while 4.3% and 4.6% are forecast respectively for 2019 and 2020.

This was stated in the World Bank’s Global Economic Prospects report for 2019.

“A slowdown or reversal of structural reforms in Armenia, Azerbaijan, Belarus, Ukraine and Turkey would heighten policy uncertainty in the region, while tensions around Syria or Ukraine could trigger new sanctions and dampen confidence in the region,” the World Bank’s specialists emphasized.

For a comparison let us remark that according to the report in January of 2018, “Armenia will consolidate the economic growth (predicted to reach 4% in 2019 and 2020), in line with firming commodity prices and strengthening domestic demand supported by remittances.”
 

The World Bank makes forecasts for economic growth in other countries of the region as well, projecting respectively 3.6% and 3.3% for Azerbaijan, 1.5% and 1.8% for Russia, 1.6% and 3% for Turkey. The forecast for Georgia is 5% GDP growth in 2019 and 2020.