Key Market Indicators
Armenia's greenhouse gas emissions are projected to hit 6.2 million metric tons by 2028, a minor decline from the 6.3 million metric tons estimated for 2023. This represents a negligible annual compound growth rate of 0%. Since 1995, Armenia has seen a steady annual increase of 3% in its greenhouse gas emissions. In the global context for 2023, Armenia ranked 29th. Latvia slightly edged out Armenia with emissions also at 6.3 million metric tons. Leading the rankings were Malaysia, Poland, and Kazakhstan, occupying the second, third, and fourth positions, respectively.
