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Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

YEREVAN, February 3. /ARKA/. Armenian Economy Minister Gevorg Papoyan reported that the country’s corporate bond market grew more than 4.4-fold between 2018 and 2025.

“The volume of Armenia’s corporate bond market grew from 150 billion drams in 2018 to 664 billion drams in 2025, an increase of more than 4.4-fold. Over the same period, the volume of transactions on the market increased 3.8-fold,” he wrote on social media.

According to the minister, the stock market also expanded between 2018 and 2025, from 145 billion drams in 2018 to 467 billion drams in 2025, a 3.2-fold increase.

According to the Armenian Stock Market, stock market capitalization by the end of December 2025 was approximately 467 billion drams ($1 = 379.03 drams).

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