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Investor Presentaiton

100% Nominal GDP Structure 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2011 2012 2013 2014 2015 Source: NSS 700,000 600,000 FDI 500,000 400,000 300,000 200,000 100,000 0 2011 2012 2013 2014 2015 Source: NSS Investment guide Armenia 17 Other Public administration, health and social work, education Information and communication Financial and insurance activities Transport and warehouse economy Real estate Hotels, restaurants, art, entertainment and recreation Wholesale & retail trade, repair ■Construction Electricity, gas and water supply Manufacturing, bining Agriculture, hunting and forestry, fishing Taxes on products (minus subsidies) FDI in Armenia decreased in 2013 and was comparably stable in last 3 years. Starting from 2011 FDI had a decrease over the years and decreased to USD 271 million in 2013. During the first three quarters of 2015 the level of FDI increased by 0.4% compared to the same period of 2014 and was USD 262 million. © 2016 KPMG Armenia cjsc. All rights reserved.
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