Poverty Level in Armenia Reached 26.4% in 2019 Despite 7.6% Economic Growth

The poverty level in Armenia reached 26.4% in 2019, even as the country's economy recorded significant growth of 7.6%, surpassing the 5.2% growth recorded in 2018. The 2019 poverty level is not directly comparable to the 23.5% figure reported in 2018 due to changes in the poverty line, as well as alterations in measurement methodologies for consumption and poverty.

This information has been reported by the Statistical Committee of Armenia.