Lake Sevan is the largest body of water in Armenia and the Caucasus region, and one of the largest freshwater high-altitude (alpine) lakes in Eurasia. The lake is situated in Gegharkunik Province, at an altitude of 1,900 m (6,234 ft) above sea level. The total surface area of its basin is about 5,000 km2 (1,900 sq mi), which makes up  1⁄6 of Armenia's territory. The lake itself is 1,242 km2 (480 sq mi), and the volume is 32.8 km3 (7.9 cu mi). It is fed by 28 rivers and streams. Only 10% of the incoming water is drained by the Hrazdan River, while the remaining 90% evaporates.

The lake provides some 90% of the fish and 80% of the crayfish catch of Armenia. Sevan has significant economic, cultural, and recreational value. Its only island (now a peninsula) is home to a medieval monastery.

Sevan was heavily exploited for irrigation of the Ararat plain and hydroelectric power generation during the Soviet period. Consequently, its water level decreased by around 20 m (66 ft) and its volume reduced by more than 40%. Two underground tunnels were later built to divert water from highland rivers, which halted its decline and its level began rising.

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