Foreign investments in Armenia’s real sector in 2016 dropped to 81.6 billion

YEREVAN, March 31. /ARKA/. The net amount of foreign investments in Armenia's real sector economy, which came through channels other than the banking system and the government in 2016 were  worth about the equivalent of 81.6 billion drams, down from 118.4 billion drams in 2015, the National Statistical Service (NSS) said. Net investment flow represents the difference between the receipts and repayments of foreign investments in a reporting period.

According to official data, the inflow of foreign direct investment (FDI) into the Armenian economy in 2016 was about 62.6 billion drams against 69.4 billion drams in 2015. The largest flows of aggregate foreign investments to Armenia arrived from Luxembourg, Cyprus and the United Kingdom.
More precisely,  total investments from Luxembourg amounted to 48.4 billion drams, while direct foreign investments were worth 10.8 billion drams.

Total  investments from Cyprus were worth  44.3 billion drams, while direct  investments stood at 34.5 billion drams. The total investments from  the United Kingdom amounted to 33.7 billion drams and 32.8 billion drams respectively.

Besides, a significant amount of investment came from the United States and the island of Jersey - 12 billion drams and 10.1 billion drams respectively.

Net financial obligations assumed by residents of Armenia (including investments received by  government agencies and the banking sector) in 2016 amounted to $1.215 billion,  by $405 million more than in 2015, while FDI fell by $159.6 million to $338 million, portfolio investments decreased by $205.9 million to $56.3 million, and other investments increased by $451.9 million to $820.7 million ($1 - 483.87 drams) . -0-