YEREVAN, February 20. /ARKA/. In the first nine months of 2019, some 251.8 billion drams (the equivalent of $523 million) were invested in the fixed assets in Armenia, which in constant prices was 4.4% higher than the same indicator of 2018, according to the report on the main socio-economic indicators of the Eurasian Economic Union (EEU) for January-December 2019.
In January-September 2019, some $209.5 billion were invested in fixed assets in all EEU member states, which in constant prices was 1.9% higher than in January-September 2018.
Russia accounted for 84.1% of the total investment in fixed assets of the EEU member states, Kazakhstan – for 10.7%, Belarus – for 4.3%, Kyrgyzstan – for 0.6% and Armenia – for 0.3%.
According to the report, Armenia’s construction sector in January-December 2019 amounted to 241.6 billion drams, or $502.8 million, which in constant prices was 4.3% higher than in January-December 2018. It was the highest growth indicator among the EEU member countries.
In 2019, 234.1 thousand square meters of housing were commissioned in Armenia, the decline compared to 2018 was 12.7%.
Russia accounted for 81.1% of the total commissioned housing across the EEU, Kazakhstan – for 13.4%, Belarus – for 4.2%, Kyrgyzstan – for 1.1% and Armenia – for 0.2%
According to the report, Armenia is ahead of all EEU member countries in terms of GDP growth, industrial output, freight and passenger turnover, retail turnover, foreign trade with countries outside the EEU and the mutual trade. In addition, Armenia had the lowest inflation. -0-
