Foreign investments in the Armenian economy in 2021 amounted to about 204.8 billion drams (US$ 429,773,414) versus minus 5.8 billion (US$ 12,171,317) in 2020, according to the National Statistical Committee.
Of that amount some 129.2 billion drams (US$ 271,126,587) were foreign direct investments. In 2021, foreign direct investment were down by 43.2 billion (US$ 90,655,329) compared to the previous year.
Germany accounted for the largest amount of investments in Armenia- over 55.8 billion drams (US$ 117,096,467), an increase of 15.1 billion drams (US$ 31,687,395) from 2020. German direct investments amounted to 37.9 billion (US$ 79,533,263), an increase of about 39.4 billion drams (US$ 82,681,018).
Investments from Russia were worth about 32.5 billion drams (US$ 68,201,347), growing by 111.8 billion drams (US$ 234,612,635), while direct investments totaled 40.1 billion drams (US$ 84,149,970), an increase of 99.7 billion drams (US$ 209,220,749).
Italy was the third by size of investments in Armenia with about 24 billion drams (US$ 50,364,072), an increase of about 5.4 billion drams (US$ 11,331,916), whereas direct investments amounted to about 18 billion drams (US$ 37,773,054), an increase of about 11.5 billion drams (US$ 24,132,784).
The main flow of investments in January-September 2021 was in the energy sector (over 130.4 billion drams or US$ 273,644,791), metal ore mining (49 billion drams or US$ 102,826,647) and real estate (20.5 billion drams or US$ 43,019,311).
See all the news
Financial Services in CAREC
#TheCheckpoints: TIWB & Georgia - Interview with Rusudan Kemularia, Head of TIWB Secretariat
Stoli® Group to Release Limited-Edition Bottle in Support of the Ukrainian People
როგორ მოხვდა 17 წლის ანასტასია ლელაძე ჰარვარდში? - ანასტასია ლელაძე ქალების ნარატივში
"Literally the whole village was waiting for the first harvest of strawberry" - Kvitsiani family from Svaneti
Aliyev replaces long-serving central bank head with loyalist
Putin imposes visa restrictions on citizens from 'unfriendly' countries
BMG-ს მედია რუბრიკა: #პროფესიონალი - გიორგი მიქაია
ყველაზე სანქცირებული რუსი ოლიგარქები
Business Leaders Council by USAID and Georgian Business
ვინ არის მსოფლიოში #1 სნაიპერი “Wali”?
ბინების ქირის ფასი 50%-მდე გაიზარდა
OECD formally terminates the accession process of Russia
"Today we are all Ukrainians"- Zurab Pololikashvili
Tourism is the main bridge for building understanding - ZURAB POLOLIKASHVILI
FAQ’s and Analysis on Lari & FDI - Interview with Fady Asly
მინერალური და მტკნარი წყლის ფასები ქართულ ბაზარზე
China continues to push competitors out of the global walnut market
Moscow to Host First Meeting of Turkish & Armenian Special Envoys on Jan 14