Foreign direct investment (FDI) inflows (millions of United States) in Armenia
Armenia: Foreign direct investment (FDI) inflows (millions of United States) was 138.51 million current US$ in 2024. ◆ Volatile
Latest (2024)
138.51 million current US$
Change on year
down 76.1%
World rank
163rd
of 224 countries
All-time high
975.66 million current US$
in 2022
All-time low
0.8 million current US$
in 1993
Years of data
35
1990–2024
Foreign direct investment (FDI) inflows in Armenia, 1990–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in million current US$.
Analysis
Armenia recorded 138.51 million current US$ for foreign direct investment (fdi) inflows in 2024.
The figure is down 76.1% on the previous year and down 65.9% over ten years.
Over the whole period, foreign direct investment (fdi) inflows in Armenia peaked at 975.66 million current US$ in 2022 and was at its lowest, 0.8 million current US$, in 1993.
Armenia ranks 163rd of 224 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment (FDI) inflows (millions of United States) in Armenia, year by year
| Year | million current US$ | Change |
|---|---|---|
| 1990 | 3.9 million current US$ | — |
| 1991 | 19.62 million current US$ | +403.1% |
| 1992 | 2.4 million current US$ | -87.8% |
| 1993 | 0.8 million current US$ | -66.7% |
| 1994 | 8 million current US$ | +900.0% |
| 1995 | 25.32 million current US$ | +216.5% |
| 1996 | 17.57 million current US$ | -30.6% |
| 1997 | 51.94 million current US$ | +195.6% |
| 1998 | 232.38 million current US$ | +347.4% |
| 1999 | 122.03 million current US$ | -47.5% |
| 2000 | 104.19 million current US$ | -14.6% |
| 2001 | 69.87 million current US$ | -32.9% |
| 2002 | 110.72 million current US$ | +58.5% |
| 2003 | 122.85 million current US$ | +11.0% |
| 2004 | 247.14 million current US$ | +101.2% |
| 2005 | 292.07 million current US$ | +18.2% |
| 2006 | 466.53 million current US$ | +59.7% |
| 2007 | 667.67 million current US$ | +43.1% |
| 2008 | 943.73 million current US$ | +41.3% |
| 2009 | 760.04 million current US$ | -19.5% |
| 2010 | 529.32 million current US$ | -30.4% |
| 2011 | 653.22 million current US$ | +23.4% |
| 2012 | 496.64 million current US$ | -24.0% |
| 2013 | 346.09 million current US$ | -30.3% |
| 2014 | 406.58 million current US$ | +17.5% |
| 2015 | 184.13 million current US$ | -54.7% |
| 2016 | 333.82 million current US$ | +81.3% |
| 2017 | 252.75 million current US$ | -24.3% |
| 2018 | 266.86 million current US$ | +5.6% |
| 2019 | 100.29 million current US$ | -62.4% |
| 2020 | 58.58 million current US$ | -41.6% |
| 2021 | 366.44 million current US$ | +525.5% |
| 2022 | 975.66 million current US$ | +166.2% |
| 2023 | 580.37 million current US$ | -40.5% |
| 2024 | 138.51 million current US$ | -76.1% |
Armenia compared with similar countries
- Armenia's 138.51 million current US$ is below the median for upper middle income countries, which is 926.87 million current US$, 15% of the median. (55 countries reporting)
- Armenia's 138.51 million current US$ is below the median for Europe & Central Asia, which is 2,342 million current US$, 6% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Foreign direct investment (FDI) inflows (millions of United States) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +900.0% | 0.8 million current US$ | 8 million current US$ |
| 2021 | +525.5% | 58.58 million current US$ | 366.44 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.4 million current US$ | 0.8 million current US$ | 232.38 million current US$ | 10 |
| 2000s | 378.48 million current US$ | 69.87 million current US$ | 943.73 million current US$ | 10 |
| 2010s | 356.97 million current US$ | 100.29 million current US$ | 653.22 million current US$ | 10 |
| 2020s | 423.91 million current US$ | 58.58 million current US$ | 975.66 million current US$ | 5 |
Countries ranked near Armenia
- 160 Jamaica 155.6 million current US$ compare
- 161 Curaçao 154.81 million current US$ compare
- 161 Curacao 154.81 million current US$ compare
- 164 Saint Vincent and the Grenadines 135.7 million current US$ compare
- 165 Bermuda 117.84 million current US$ compare
- 166 Aruba 103.25 million current US$ compare
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is foreign direct investment (fdi) inflows in Armenia?
- Foreign direct investment (fdi) inflows in Armenia was 138.51 million current US$ in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest foreign direct investment (fdi) inflows recorded in Armenia?
- The highest recorded value was 975.66 million current US$ in 2022.
- What is the lowest foreign direct investment (fdi) inflows recorded in Armenia?
- The lowest recorded value was 0.8 million current US$ in 1993.
- How does Armenia rank for foreign direct investment (fdi) inflows?
- Armenia ranks 163rd out of 224 countries with data for 2024.
- Is foreign direct investment (fdi) inflows rising or falling in Armenia?
- Over the last ten years it is down 65.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Foreign direct investment (FDI) inflows (millions of United States dollars). Statizoid updates them automatically from the source API.
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