Armenia ranked fourth in the world in terms of economic growth in 2022, which amounted to 12.6%, Economy Minister Vahan Kerobyan reiterated when speaking at a discussion on the state budget 2022 execution in parliament.
"The highest growth in the world was posted by Guyana, where oil production started in 2022 and the economic growth surged by 57%. Second and third were Fiji and St. Lucia, where growth was about 13-14 percent, mostly as a result of the resumption of tourism," he said.
Kerobyan noted that Armenia was followed by Ireland and Georgia. According to official statistics, Armenia's economic growth was 12.6% in 2022. GDP per capita rose from $4,679 in 2021 to $6,569, ARKA reports.
