million. Georgia The volume of Georgian-Armenian trade remains modest in both relative and absolute terms. According to official Armenian statistics, it rose by 11 percent to $91.6 million in January–November 2010. The figure was equivalent to just over 2 percent of Armenia's overall foreign trade. Turkey In 2019, the volume of bilateral trade with Turkey was about $255 million, with trade taking place across Georgian territory. This figure is not expected to increase significantly so long as the land border between the Armenia and Turkey remains closed. Foreign direct investments Foreign Direct Investment (FDI) into Armenia decreased by US$2.7 million in December 2020, compared to a reduction of US$10.3 million the previous quarter. Armenia Foreign Direct Investment: USD mn Net Flows data is available from March 1993 through December 2020, and is updated quarterly. The statistics ranged from a high of US$425.9 million in December 2008 to a low of -67.6 USD mn in December 2014. Armenia's current account surplus is US$51.7 million in December 2020, according to the most recent statistics. -In June 2021, Armenian Direct Investment Abroad increased by 12.8 million dollars. -In June 2021, it boosted its Foreign Portfolio Investment by $14.6 million. -In December 2020, the country's nominal GDP was reported to be 3.8 billion dollars. Yearly FDI figures Despite robust economic growth foreign direct investment (FDI) in Armenia remain low as of 2018. in January–September 2019, the net flow of direct foreign investment in the real sector of the Armenian economy stood at about $267 million. Jersey was the main source of FDI in 2017. Moreover, combined net FDI from all other sources was negative, indicating capital outflow. The tax haven Jersey is home to an Anglo-American company, Lydian International, which is currently building a controversial massive gold mine in the southeastern Vayots Dzor province. Lydian has pledged to invest a total of $370 million in the Amulsar gold mine. Negative values indicate investments of Armenian corporations to foreign country exceeding investments from that country in Armenia. Stock FDI FDI stock to GDP ratio grew continuously during 2014-2016 and reached 44.1% in 2016, surpassing average figures for Commonwealth of Independent States countries, transition economies and the world. By the end of 2017 stock net FDI (for the period 1988–2017) reached 1824 billion AMD, while gross flow of FDI for the same period reached 3869 billion AMD. As of February 2019, the European Investment Bank (EIB)