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 133 position by nominal GDP. Its national debt in 2019 was 6,095 millions of euros (6,823 millions of dollars), ( 49.91% debt-to-GDP ratio) and its public debt per capita is 2,059€ euros per inhabitant2,305$ dollars per inhabitant.

The last annual rate of CPI published in Armenia was on June of 2021 and it was 5.7%.

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 [+]201912,213M.€
Annual GDP [+]201913,673M.$
GDP per capita [+]20194,127€
GDP per capita [+]20194,620$
Debt (M.€.) [+]20196,095
Debt (M.$.) [+]20196,823
Debt (%GDP) [+]201949.91%
Debt Per Capita [+]20192,059€
Debt Per Capita [+]20192,305$
Deficit (M.€) [+]2019-119
Deficit (M.$) [+]2019-133
Deficit (%GDP) [+]2019-0.97%
Expenditure (M.€) [+]20193,029.3
Expenditure (M.$) [+]20193,391.3
Education Expenditure (M.€) [+]2017276.3
Education Expenditure (M.$) [+]2017312.1
Education Expenditure (%Bud.) [+]201710.40%
Gov. Health Exp. (M.€) [+]2017140.0
Gov. Health Exp.(M.$) [+]2017158.2
Gov. Health Exp. (%Bud.) [+]20175.27%
Defence Expenditure (M.€) [+]2019604.0
Defence Expenditure (M.$) [+]2019676.2
Defence Expenditure (%Bud.) [+]201919.77%
Expenditure (%GDP) [+]201924.81%
Expenditure Per Capita [+]20191,024€
Expenditure Per Capita [+]20191,146$
Education Expenditure P.C [+]201793€
Education Expenditure P.C [+]2017105$
Gov. Health Exp. P.C. [+]201748€
Gov. Health Exp. P.C. [+]201754$
Defence Expenditure P.C. [+]2019204€
Defence Expenditure P.C. [+]2019228$
Moody's Rating [+]08/27/2019Ba3
Fitch Rating [+]10/15/2020B+
Corruption Index [+]202049
Competitiveness Ranking [+]201969º
Fragile States Index [+]201869.5
RTI Raking [+]09/28/201847º
Innovation Ranking [+]201868º
Labour
Unemployment rate [+]2019Q417.3%
Unemployed [+]2019Q4223 m.
NMW [+]20201,417.6 $
NMW [+]20201,265.7 €
Human Capital Ranking [+]201749º
Markets
Euro / Dram [+]07/23/2021568.8900
US Dollar exchange rate [+]07/23/2021483.4200
Prices
CPI (overall index) [+]June 20215.7%
Money Market
Key rates [+]06/15/20216.50%
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 [+]20202,227.5 M.€
Exports [+]20202,544.3 M.$
Exports % GDP [+]201919.31%
Imports [+]20203,991.7 M.€
Imports [+]20204,559.3 M.$
Imports % GDP [+]201940.33%
Trade balance [+]2020-1,764.1 M.€
Trade balance [+]2020-2,015.0 M.$
Trade balance % GDP [+]2019-21.02%
Socio-Demography
Global AgeWatch Ranking [+]201543º
Density [+]2020100
Global Peace Ranking [+]202099º
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 [+]20191.60
Crude marriage rate [+]20195.30‰
Population [+]20202,963,251
Immigrant stock [+]2019190,159
Emigrant stock [+]2019964,848
HDI [+]20190.776
Gender Gap Ranking [+]202098º
Life expectancy [+]201976.60
Suicides [+]2015162
Suicide rate [+]20155.39
Number of homicides [+]201850
Rate Homicides per 100.000 [+]20181.69
Energy and Environment
CO2 Tons per capita [+]20192.02
Consumption GWh [+]20195,791
Generation GWh [+]20197,256
Others
COVID-19 - Deaths [+]07/22/20214,575
COVID-19 - Confirmed [+]07/22/2021228,161
Fully vaccinated [+]07/23/202136,520
COVID-19 - Deaths per million population [+]07/22/20211,543.91
Doses administered [+]07/23/2021260,813