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    Categories: 2018

A worrying indicator. direct investment declined in the second quarter

  • 01.09.2018
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  • Armenia:
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The Statistical Committee of the Republic of Armenia has published the indicators of foreign investments for the first half of 2018.


Based on these data, b4b.am ​​calculated foreign investment flows (receipts) in the first and second quarters of 2018 and compared them with the same quarters of the previous year.


As you can see, a total investment of $525.5 million was made in the second quarter of 2018, which is $18 million or 3.5% higher than in the second quarter of 2017. In the first quarter, the growth of investments alone was greater: 116.4 million dollars or 22.5%.


On the contrary, receipts from direct investments have decreased. Moreover, if the decrease in the first quarter was not big – 8 million dollars or 4.1 million dollars, then in the second quarter it is, to put it mildly, a worrying indicator. The receipts of direct investments in the second quarter of this year amounted to 75.6 million dollars, compared to 133.9 million dollars in the second quarter of 2017. Decrease: $58.3 million or 43.5%.


Moreover, if we look by countries, it turns out that this decrease is largely due to the actual termination of the Amulsar project. The volume of gross investments made from Jersey at the end of March and at the end of June 2018 is the same: 138.7 billion drams, which means that no investments were made during the second quarter.

Elizabeth Jabejian: