The Armenian real estate market was valued $880.4 million in 2018 and is predicted to grow at a CAGR of 4.3 percent to $1,249.3 million in 2026.
According to Trading Economics global macro models and analysts, manufacturing production in Armenia is predicted to increase by 9.50 percent by the end of this quarter.
Armenia has a lot of potential for solar energy. Solar energy flow per square meter of horizontal surface is around 1720 kWh per year (the average European is 1000 kWh).
Armenia became a desirable place for investment and production enterprise thanks to its highest GDP rate in Europe (3.2 % GDP CAGR vs. 2.7 % for worldwide GDP), economic reforms, and "open door" policy.
Armenia is a one-of-a-kind tourist destination with a diverse cultural heritage that provides exciting opportunities for developing tourism markets.
Armenia has a 21.8 percent industrial production rate. The leading industries are mechanical engineering and metalworking, chemical and petrochemical, metallurgy, construction materials, foodstuffs, and light industries.