Investment Map of Armenia

Yerevan

223 sq. km

Territory

1,092,800

Total Population

301,800 AMD

Average Monthly Salary

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Summer highs in Yerevan average around 30ºC−33ºC while the average in winter is 1ºC−3ºC. More mountainous regions experience lower average temperatures and prolonged periods of snow cover. The average annual precipitation is low at 526 millimeters (mm).

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Yerevan is located on the banks of the Hrazdan River, northeast of the Ararat Plain, in the central-western part of the country.

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Distance from Zvartnots International Airport: 12.1 km

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Average real estate rental cost: 385,702 AMD.

Investment Potential

Discover the vibrant investment scene in Yerevan, the largest economic center of Armenia, where manufacturing, tourism and various service sectors thrive.

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Tourism

Armenia has experienced an annual average growth of 13% in tourism inflow in recent years, with more and more visitors coming to the country to experience its unique culture, history and hospitality.

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Information and Communication Technology

Armenia's IT sector has experienced rapid growth, with many local startups gaining international recognition. Investing in software development, IT services and tech startups can be lucrative.

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Textile and Apparel

Today, the textile industry in Armenia is focused on producing high-quality textiles for both domestic and export markets. The industry is made up of small medium-sized and few larger companies. From 2018 to 2022, the textile industry experienced a 19% annual average production growth.

Main Sectors

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