Investment Map of Armenia

Yerevan

2,680 sq. km

Territory

96,300

Rural Population

107,400

Total Workforce

230,400

Total Population

134,100

Urban Population

135,737 AMD

Average Monthly Salary

Summers in Shirak are generally warm to hot, with temperatures ranging from 20°C to 30°C. July is typically the warmest month. Winters in Shirak are cold and snowy, especially in the higher elevations. January is usually the coldest month, with temperatures ranging from -5°C to -10°C.
Main city: Gyumri
Distance from Yerevan: approximately 120 kilometers
Average real estate rental cost: 92,518 AMD

Shirak

2,680 sq. km

Territory

96,300

Rural Population

107,400

Total Workforce

230,400

Total Population

134,100

Urban Population

135,737 AMD

Average Monthly Salary

Summers in Shirak are generally warm to hot, with temperatures ranging from 20°C to 30°C. July is typically the warmest month. Winters in Shirak are cold and snowy, especially in the higher elevations. January is usually the coldest month, with temperatures ranging from -5°C to -10°C.
Main city: Gyumri
Distance from Yerevan: approximately 120 kilometers
Average real estate rental cost: 92,518 AMD

Lori

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Tavush

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Aragatsotn

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Kotayk

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Gegharkunik

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Armavir

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Ararat

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Vayots Dzor

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Syunik

3,799 sq. km

Territory

87,200

Rural Population

118,700

Total Workforce

211,700

Total Population

124,500

Urban Population

140,372 AMD

Average Monthly Salary

Summers in Lori are typically mild and pleasant. The average daytime temperatures range from 20 to 25ºC. Winters are cold and snowy. Average temperatures during this season range from -5 to -10ºC. Snowfall is common, and the region is known for its beautiful winter landscapes.
Main city: Vanadzor
Distance from Yerevan: approximately 115 kilometers
Average real estate rental cost: 69,218 AMD

Investment Potential

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

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.

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.

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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