World Business Council

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BUSINESS COUNCIL

The Internationalization Epicenter






ARMENIA

Armenia, with a population of approximately 3 million and a GDP of around $15 billion in 2023, has a growing economy. The per capita income is about $5,000. Key sectors include information technology, manufacturing, and mining. Armenia is focusing on developing its IT sector and improving infrastructure. 


Opportunities for foreign direct investment (FDI) are present in technology, mining, and tourism, supported by a business-friendly environment and recent economic reforms aimed at stimulating growth.

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