Armenia

: Authorities continue to struggle with providing long-term social protection for over 100,000 ethnic Armenians displaced from Nagorno-Karabakh.

Armenia is currently recognized as the leading democracy in its region according to the Economist Intelligence Unit. armenia

: Armenia is highly vulnerable to floods and droughts. The World Bank warns that climate impacts on water and agriculture could shrink the economy by 3% by 2060 . The Country Climate and Development Report for Armenia : Authorities continue to struggle with providing long-term

: Driven by construction (+22%) and industry (+13.4%), though agriculture saw a 5.2% decline. The World Bank warns that climate impacts on

: Increased by 7.1% year-on-year in the first quarter. Trade Turnover : Rose by 4.6% to approximately $4.7 billion .

The Statistical Committee reports a strong economic start for the year:

: The security environment at the eastern border with Azerbaijan remains highly volatile , although there have been no major military incidents recently.