Приток мигрантов: влияние на экономику Республики Армения / Migrants Inflow: Influence on Economy of the Republic of Armenia

The article discusses the question of how the geopolitical situation in the region lead to huge influx of migrants in Armenia in the periods from 2022 to 2023. By applying correlation and comparative analysis, during which the extrapolation method and SARMA models were used, the impact of the influx of migrants on indicators such as GDP, CPI, wages and housing prices is assessed. Research into trends in GDP, CPI, employment, wages and property prices has shown varying degrees of correlation with migrant inflows. Thus, the influx of migrants had virtually no effect on the formation of Armenia's GDP and CPI, but the impact on average wages and housing prices was significant.