Foreign investments in Armenia in 2021 exceeded 204 bln drams

YEREVAN, April 6. /ARKA/. Foreign investments in the Armenian economy in 2021 amounted to about 204.8 billion drams versus minus 5.8 billion in 2020, according to the National Statistical Committee.

Of that amount some 129.2 billion drams were foreign direct investments. In 2021, foreign direct investment were down by 43.2 billion compared to the previous year.

Germany accounted for the largest amount of investments in Armenia- over 55.8 billion drams, an increase of 15.1 billion drams from 2020. German direct investments amounted to 37.9 billion, an increase of about 39.4 billion drams.

Investments from Russia were worth about 32.5 billion drams, growing by 111.8 billion drams, while direct investments totaled 40.1 billion drams, an increase of 99.7 billion drams.

Italy was the third by size of investments in Armenia with about 24 billion drams, an increase of about 5.4 billion drams, whereas direct investments amounted to about 18 billion drams, an increase of about 11.5 billion drams.

The main flow of investments in January-September 2021 was in the energy sector (over 130.4 billion drams), metal ore mining (49 billion drams) and real estate (20.5 billion drams). ($1 - 479.38 drams). -0-