Construction volume in Armenia increased by 25% in the first seven months of 2026, reaching 369.2 billion drams
09.09.2026,
17:57
Construction volume in Armenia from January to July 2026 amounted to 369,243.2 million drams at current prices, an increase of 25% compared to January to July 2025, according to data from the Statistical Committee of the Republic of Armenia.
YEREVAN, September 9. /ARKA/. Construction volume in Armenia from January to July 2026 amounted to 369,243.2 million drams at current prices, an increase of 25% compared to January to July 2025, according to data from the Statistical Committee of the Republic of Armenia.
In July, construction volume amounted to 87.02 billion drams, an increase of 26.5% compared to July 2025.
The largest volume of construction in the first seven months of this year was financed by organizations – 177.1 billion drams, or 48% of the total. Compared to January to July 2025, this figure increased by 29.2%. The volume of construction financed by the public amounted to 90.8 billion drams, or 24.6% of the total, an increase of 22.7%. The state budget financed 79.6 billion drams of construction, or 21.5% of the total, a 10.8% increase compared to the previous year.
The volume of work financed by community funds reached 20.6 billion drams, or 5.6% of the total, an increase of 75.3%, while the volume of work financed by humanitarian aid reached 1.1 billion drams, or 0.3%, an increase of 34.2%.
Meanwhile, the volume of construction financed by international loans in January-July amounted to approximately 7 billion drams, or 1.9% of the total, a decrease of 67.1% compared to the same period last year. Of this amount, the Eurasian Fund for Stabilization and Development accounted for 3.4 billion drams, the Asian Development Bank for 1.3 billion drams, the German Development Bank for 578.3 million drams, the European Bank for Reconstruction and Development for 552.5 million drams, the World Bank for 308.6 million drams, the European Investment Bank for 257.7 million drams, and other entities for 432.5 million drams.
The largest share of construction work in January-July 2026 was in the real estate sector, amounting to 185.7 billion drams, or 50.3% of the total. Education followed with 50.5 billion drams, or 13.7%, and the provision of electricity, gas, steam, and air conditioning with 30.5 billion drams, or 8.3%. ($1 - 363.58 drams).
In July, construction volume amounted to 87.02 billion drams, an increase of 26.5% compared to July 2025.
The largest volume of construction in the first seven months of this year was financed by organizations – 177.1 billion drams, or 48% of the total. Compared to January to July 2025, this figure increased by 29.2%. The volume of construction financed by the public amounted to 90.8 billion drams, or 24.6% of the total, an increase of 22.7%. The state budget financed 79.6 billion drams of construction, or 21.5% of the total, a 10.8% increase compared to the previous year.
The volume of work financed by community funds reached 20.6 billion drams, or 5.6% of the total, an increase of 75.3%, while the volume of work financed by humanitarian aid reached 1.1 billion drams, or 0.3%, an increase of 34.2%.
Meanwhile, the volume of construction financed by international loans in January-July amounted to approximately 7 billion drams, or 1.9% of the total, a decrease of 67.1% compared to the same period last year. Of this amount, the Eurasian Fund for Stabilization and Development accounted for 3.4 billion drams, the Asian Development Bank for 1.3 billion drams, the German Development Bank for 578.3 million drams, the European Bank for Reconstruction and Development for 552.5 million drams, the World Bank for 308.6 million drams, the European Investment Bank for 257.7 million drams, and other entities for 432.5 million drams.
The largest share of construction work in January-July 2026 was in the real estate sector, amounting to 185.7 billion drams, or 50.3% of the total. Education followed with 50.5 billion drams, or 13.7%, and the provision of electricity, gas, steam, and air conditioning with 30.5 billion drams, or 8.3%. ($1 - 363.58 drams).
