Armenia and ADB
In the Spotlight
More than 600,000 Armenians have benefited from an ADB-supported project that upgraded water supply and sanitation systems in the central Asian country.
Low oil prices are having a broad impact on the economies of the region, with opportunities arising to address many longstanding macroeconomic issues.
ADB approved a $49 million loan and a technical assistance grant of $900,000 to support the sustainability of Armenia’s road and water sectors, which have deteriorated due to limited investments and challenges in public management systems.
The Key Indicators for Asia and the Pacific 2014 presents the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB. Download the statistical tables for Armenia.
The government's long-term development vision is articulated in the Armenia Development Strategy 2025. It sets the following four priorities: growth of employment, development of human capital, improvement of the social protection system, and institutional modernization of public administration and governance.
ADB's country operations business plan (COBP), 2015-2017 for Armenia will support three sectors: transport, water and other urban infrastructure and services, and energy, in line with the government’s priorities and ADB's strengths and experience.
3.29(2013) Population in millions
0.3%(2008-2013) Average annual population growth rate
32.4%(2012) Population living below the national poverty line