ArmInfo. Armenia has one of the highest growth rates of direct investment in the Eurasian region, as stated in the Eurasian Development Bank (EDB) report "Investment Cooperation in the Eurasian Region," which was prepared based on the EDB's monitoring of mutual investments.
The source states that between 2016 and the first half of 2025, its investment in other countries 9). in the region increased tenfold, from $138.6 million to $1.38 billion. In the first half of 2025, Armenia will implement 11 investment projects in the countries of the Eurasian region, more than half of which (about $760 million) are concentrated in the trade sector. " Armenia remains a significant net importer of capital: it accounts for 10.2% of all FDI attracted in the Eurasian region, equivalent to about $4.9 billion. The main investors are Russian companies, which account for 86% of this volume. Following the acquisition of Ameriabank by the Bank of Georgia in 2024, Georgia became one of the largest investors in Armenia, with investment stock of about $674 million," the EDB report says.
The financial sector dominates the sectoral structure of FDI inflows, accounting for about $2 billion, or 40% of the total. The share of the electric power industry decreased from 32% to 26%, although the volume of investment increased by $400 million; and the share of transport and logistics decreased from 32% to 24%.
According to the source, overall, as of the end of the first half of 2025, the volume of mutual FDI stock in the Eurasian region reached $48.4 billion, an increase of 6.4% (+$2.9 billion) compared to 2023. The main contributors to this positive trend were projects in the banking sector of Armenia and the construction of new chemical plants in Kazakhstan.
Mutual investments in the Eurasian region are concentrated in three key sectors: the raw materials sector ($14.3 billion), manufacturing ($8.9 billion), and transport and logistics ($5.4 billion). Together, these sectors account for approximately 60% of the volume of FDI stock at the end of the first half of 2025.
Recall, the EDB forecasts GDP growth for Armenia at 5.5% for 2026.
