Construction volume in Armenia increased by 15% in 4 months, reaching 116.6 billion drams

YEREVAN, June 10. /ARKA/. The volume of construction work in Armenia in January-April 2025 amounted to 116,584.4 million drams (in current prices), increasing by 15% compared to January-April 2024. This was reported by the National Statistical Committee of the Republic.

At the same time, in April this figure amounted to 39,016.3 million drams, which is 17.9% more than in April last year.

The volume of construction at the expense of the state budget for the reporting period amounted to 22,362.5 million drams, or 19.2% of the total volume of construction work (an increase of 37.6% compared to January-April 2024).

The volume of construction works at the expense of community funds amounted to 3,374.3 million drams (share 2.9%, decline - 22%), at the expense of humanitarian aid - 292.0 million drams (share - 0.2%, decline - 66.2%), at the expense of organizations - 57,143.8 million drams (share - 49%, growth - 16.6%), at the expense of the population - 33,411.8 million drams (share - 28.7%, growth - 8.3%). At the same time, the volume of construction at the expense of international loans for four months amounted to 4,759.3 million drams (share - 6.1%) with an increase of 25.9% compared to the four months of last year. Moreover, from the international loans, the World Bank received 381.0 million drams, the European Bank for Reconstruction and Development - 549.0 million drams, the European Investment Bank - 36.0 million drams, the Asian Development Bank - 1,350.5 million drams, the German Development Bank - 99.3 million drams, and other structures - 2,343.5 million drams. Most of the construction work was carried out in the line of activities related to real estate (volume 45,419.3 million drams, share in the total structure - 58.6%), provision of electricity, gas, steam and air conditioning (volume - 6,662.3 million drams, share - 8.6%) and transport (volume - 5,806.2 million drams, share - 7.5%). ($1 - 383.1 drams) -0-