ADB partners with Armenia to support reforms and investments that promote inclusive, sustainable, and private sector-led growth.
News Release
ADB President Masato Kanda concluded a one-day visit to Armenia, meeting with Prime Minister Nikol Pashinyan and Finance Minister Vahe Hovhannisyan to reinforce the strong partnership between ADB and Armenia as the two honor 20 years of development cooperation in 2025.
Brochures and Flyers
ADB has been in partnership with Armenia since 2005 and is one of the country's largest multilateral development partners. The bank commenced several sovereign project in 2024 involving agriculture, finance and public sector management, health, transport, and urban infrastructure.
Asian Development Blog
Armenia is poised to benefit economically and environmentally from electric vehicle adoption, driven by affordable electricity and regulatory reforms. By implementing a comprehensive policy framework, the nation can enhance air quality and reduce dependency on imported oil.
News from Country Offices
Armenia’s economic growth rate is forecast to slow in 2024 due to a decline in external demand before recovering slightly in 2025, according to ADB.
ADB has been in partnership with Armenia since 2005 and is one of the country’s largest multilateral development partners. ADB supports Armenia through sovereign and nonsovereign financing, technical assistance, and knowledge solutions focusing on transport, public finance, education, health, energy, water supply, and urban development.
To date, ADB has committed 73 public sector loans, grants, and technical assistance totaling 1ドル.6 billion to Armenia.
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Armenia, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
Over the past three decades, Armenia has made great strides in providing electricity to its almost 3 million inhabitants.
Information and Communication Technology (ICT) has become a key driver of economic growth in Armenia.
This report provides a detailed assessment and market mapping of the country’s ICT sector. It also discusses best practices for government support and explores potential investment opportunities.
2 Vazgen Sargsyan St, 7th floor, Kamar Business Center, Yerevan, Armenia
Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)
The ARRM opened in 2008 and provides the primary operational link between ADB and the government, private sector, and civil society stakeholders in its activities. ARRM engages in policy dialogue and acts as a knowledge base on development issues in Armenia.
ARRM will be closed on these dates:
Last updated: 1 October 2024
ARRM will be closed on these dates:
Last updated: 21 October 2025
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About ADB
ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet.
Founded in 1966, ADB is owned by 69 members—50 from the region.
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