Armenia Armenia

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Armenia, is a country located at Western Asia, it has an area of 29,740 Km2 and it may be considered quite a small country.

Armenia, with a population of 2,963,251 people, it is one of the least populous country in the world and has a population density of 100 people per km2.

It's capital is Yerevan and its currency is Dram

Armenia is holding the 134 position by nominal GDP. Its national debt in 2020 was 7,041 millions of euros (8,024 millions of dollars), ( 63.48% debt-to-GDP ratio) and its public debt per capita is €2,376 euros per inhabitant$2,708 dollars per inhabitant.

The last annual rate of CPI published in Armenia was on April of 2022 and it was 7.4%.

In terms of the human development index (HDI) of Armenia, which is the index used by the United Nations to measure the progress of a country, was 0.776 points in 2019, leaving it in 81th place in the table of 189 countries published.

If the reason to visit Armenia are business, you must know it's in the 41th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Armenia, if you want to see information about other countries click here

Yerevan: Monthly Temp.
Yerevan: Monthly Rainfall
Armenia Economy
Gouvernement
Annual GDP [+]2021€11,774M
Annual GDP [+]2021$13,928M
GDP per capita [+]2021€3,973
GDP per capita [+]2021$4,700
Debt (M.€.) [+]20207,041
Debt ($M) [+]20208,024
Debt (%GDP) [+]202063.48%
Debt Per Capita [+]2020€2,376
Debt Per Capita [+]2020$2,708
Deficit (M.€) [+]2020-599
Deficit ($M) [+]2020-683
Deficit (%GDP) [+]2020-5.40%
Expenditure (M.€) [+]20203,399.7
Expenditure ($M) [+]20203,874.4
Education Expenditure (M.€) [+]2020300.0
Education Expenditure ($M) [+]2020341.9
Education Expenditure (%Bud.) [+]20218.28%
Gov. Health Exp. (M.€) [+]2017140.4
Gov. Health Exp.($M) [+]2017158.2
Gov. Health Exp. (%Bud.) [+]20175.27%
Defence Expenditure (M.€) [+]2020538.9
Defence Expenditure ($M) [+]2020614.1
Defence Expenditure (%Bud.) [+]202016.72%
Expenditure (%GDP) [+]202030.65%
Expenditure Per Capita [+]2020€1,147
Expenditure Per Capita [+]2020$1,307
Education Expenditure P.C [+]2020€101
Education Expenditure P.C [+]2020$115
Gov. Health Exp. P.C. [+]2017€48
Gov. Health Exp. P.C. [+]2017$54
Defence Expenditure P.C. [+]2020€182
Defence Expenditure P.C. [+]2020$207
Moody's Rating [+]03/24/2022Ba3
S&P Rating [+]04/08/2022B+
Fitch Rating [+]10/15/2020B+
Corruption Index [+]202149
Competitiveness Ranking [+]201969º
Fragile States Index [+]201869.5
RTI Raking [+]09/28/201847º
Innovation Ranking [+]201868º
Labour
Unemployment rate [+]2019Q417.3%
Unemployed [+]2019Q4223K
NMW [+]2020$139.1
NMW [+]2020€126.6
Human Capital Ranking [+]201749º
Markets
Euro / Dram [+]05/26/2022479.1900
US Dollar exchange rate [+]05/26/2022447.1700
Prices
CPI (overall index) [+]April 20227.4%
Money Market
Key rates [+]03/15/20229.25%
Business
Doing Business [+]201941º
Passengers vehicles Year [+]December 2019970
Annual Vehicles/ 1,000 p. [+]December 20190.41
Taxes
Standard VAT [+]01/01/200620.00%
Top tax rate + SSC [+]202023.0%
Trade
Annual arrivals [+]20191,894,377
Exports [+]2021€2,555.6M
Exports [+]2021$3,022.5M
Exports % GDP [+]202121.70%
Imports [+]2021€4,529.3M
Imports [+]2021$5,356.8M
Imports % GDP [+]202138.47%
Trade balance [+]2021€-1,973.7M
Trade balance [+]2021$-2,334.3M
Trade balance % GDP [+]2021-16.76%
Socio-Demography
Global AgeWatch Ranking [+]201543º
Density [+]2020100
Global Peace Ranking [+]202194º
Crude divorce rate [+]20191.30‰
Remittance received ($M) [+]20171,539.0
% Immigrant [+]20196.42%
% Emigrant [+]201932.60%
Birth Rate [+]202012.30‰
Remittance sent ($M) [+]2017292.2
Crude death rate [+]202012.20‰
Fertility Rate [+]20201.76
Crude marriage rate [+]20195.30‰
% risk of poverty [+]202027.0%
Population [+]20202,963,251
Immigrant stock [+]2019190,159
Emigrant stock [+]2019964,848
HDI [+]20190.776
Gender Gap Ranking [+]202098º
Life expectancy [+]202075.22
Suicides [+]2015162
Suicide rate [+]20155.39
Number of homicides [+]201973
Rate Homicides per 100.000 [+]20192.47
Energy and Environment
CO2 Tons per capita [+]20201.98
Consumption GWh [+]20195,758
Generation GWh [+]20207,329
Others
COVID-19 - Deaths [+]05/25/20228,624
COVID-19 - Confirmed [+]05/25/2022422,939
Fully vaccinated [+]04/17/2022985,305
COVID-19 - Deaths per million population [+]05/25/20222,910.32
Doses administered [+]04/17/20222,149,195