Some $254.3 million channeled into Armenian economy in 2018 as foreign direct investments

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YEREVAN, April 6. /ARKA/. The amount of foreign direct investment (FDI) that were channeled into Armenian economy in 2018 totaled $254.3 million, slightly up from $249.8 million in 2017, according to the latest numbers, released by the National Statistical Committee (NSC).

According to statistics, Armenia’s financial liabilities for total investments in 2018 amounted to $811.2 million versus $400.3 million in 2017. Total investments include direct, portfolio investments, loans and borrowings.

The net inflow of foreign direct investment in the real sector of the Armenian economy in 2018 amounted to 111.8 billion drams against 93 billion drams in 2017.

According to the NSC, the most significant amount of foreign direct investment in 2018 came from Russia. The net amount of FDI from the Russian Federation in the reporting period amounted to 60.1 billion drams against a negative indicator of 12 billion drams in 2017.

Significant foreign direct investment to Armenia in the reporting period came also from Jersey – 20.6 billion drams, Germany – 15.6 billion drams, Lebanon – 4.8 billion drams, Cyprus – 3.19 billion drams and Argentina – 2.59 billion drams. During the reporting period, net flows of total foreign investments in the real sector of the Armenian economy amounted to 27.5 billion drams against 74.6 billion drams in 2017.

According to the NSS, net flows represent the difference in receipts and repayments of foreign investments in the reporting period. ($ 1 – 487.29 drams).

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