Armenia's economic situation remains difficult: There is serious distrust in society towards the current authorities over economic
issues. After 3% GDP growth in 2015 the index of economic activity in Armenia
started to decrease again. Unemployment is rising and amounted to 18,5% in 2015,
which is the highest rate within the past 5 years. Emigration is a consequence of the
socio-economic situation. According to estimations, 25% of the country’s population
lived abroad in 2015. 2017 will be full of new challenges for Armenia, which will once
again test the will and the flexibility of the authorities to impose economic reforms.
Compass Center, Armenia. - Yerevan : Friedrich-Ebert-Stiftung / Armenia Office, February 2017.