Country comparison Armenia vs Montenegro

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Gouvernement
GDP Growth (%) [+]20245.9%chart3.2%2024GDP Growth (%) [+]
3,333K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€23,987Mchart€7,645M2024Annual GDP [+]
Annual GDP [+]2024$25,955Mchart$8,272M2024Annual GDP [+]
GDP per capita [+]2024€7,699chart€12,2602024GDP per capita [+]
GDP per capita [+]2024$8,330chart$13,2592024GDP per capita [+]
€2,077M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202411,984chart4,6452024Debt (M.€.) [+]
Debt ($M) [+]202412,967chart5,0262024Debt ($M) [+]
Debt (%GDP) [+]202449.96%chart60.76%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€3,896chart€7,4522024Debt Per Capita [+]
Debt Per Capita [+]2024$4,215chart$8,0632024Debt Per Capita [+]
Deficit (M.€) [+]2024-885chart-2152024Deficit (M.€) [+]
Deficit ($M) [+]2024-958chart-2332024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.69%chart-2.81%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20246,954.4chart3,324.02024Expenditure (M.€) [+]
Expenditure ($M) [+]20247,525.0chart3,596.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023545.3
Education Expenditure ($M) [+]2023587.4
Education Expenditure (%Bud.) [+]20258.71%
Gov. Health Exp. (M.€) [+]2023327.8chart466.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023354.7chart504.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20235.46%chart16.60%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart140.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,422.8chart151.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202418.33%chart4.19%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202428.99%chart43.48%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,261chart€5,3332024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,446chart$5,7702024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€180
Education Expenditure P.C [+]2023$194
Gov. Health Exp. P.C. [+]2023€111chart€7362023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$120chart$7962023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€422chart€2252024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$457chart$2432024Defence Expenditure P.C. [+]
Moody's Rating [+]06/26/2025Ba3Ba309/27/2024Moody's Rating [+]
S&P Rating [+]08/25/2023BB-B+08/30/2024S&P Rating [+]
Fitch Rating [+]10/15/2020B+
Corruption Index [+]202347chart462023Corruption Index [+]
Competitiveness Ranking [+]201969ºchart73º2019Competitiveness Ranking [+]
Fragile States Index [+]202468.1chart56.92024Fragile States Index [+]
RTI Raking [+]202438ºchart61º2024RTI Raking [+]
Innovation Ranking [+]202463ºchart65º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2022Q46.7%chart12.2%2023Q4Unemployment rate [+]
Unemployed [+]2022Q4115Kchart39K2023Q4Unemployed [+]
NMW [+]2024$185.3chart$787.32026NMW [+]
NMW [+]2024€167.5chart€670.02026NMW [+]
Human Capital Ranking [+]201749º
Markets
Euro / Dram [+]02/06/2026445.3800
US Dollar exchange rate [+]02/06/2026377.7000chart0.847902/06/2026US Dollar exchange rate [+]
-0.83%02/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20252.7%
3.7%December 2025HICP [+]
0.5%December 2025PPI Year on Year [+]
Money Market
Key rates [+]12/16/20256.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202047ºchart50º2020Doing Business [+]
-17.6%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2019970
Annual Vehicles/ 1,000 p. [+]December 20190.41
Taxes
Tax Revenue (%GDP) [+]202222.7%
Standard VAT [+]01/01/200620.00%chart21.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202023.0%chart9.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,666,000chart2,036,0002022Annual arrivals [+]
Exports [+]2023€7,782.5Mchart€614.9M2024Exports [+]
Exports [+]2023$8,415.2Mchart$665.6M2024Exports [+]
Exports % GDP [+]202334.80%chart8.04%2024Exports % GDP [+]
Imports [+]2023€11,382.6Mchart€4,068.0M2024Imports [+]
Imports [+]2023$12,308.0Mchart$4,403.1M2024Imports [+]
Imports % GDP [+]202350.90%chart53.21%2024Imports % GDP [+]
Trade balance [+]2023€-3,600.1Mchart€-3,453.1M2024Trade balance [+]
Trade balance [+]2023$-3,892.8Mchart$-3,737.6M2024Trade balance [+]
Trade balance % GDP [+]2023-16.10%chart-45.17%2024Trade balance % GDP [+]
-2.1%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201543ºchart68º2015Global AgeWatch Ranking [+]
Density [+]2024103chart452024Density [+]
Global Peace Ranking [+]202477ºchart35º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰chart1.20‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,539.0chart426.32017Remittance received ($M) [+]
% Immigrant [+]20206.42%chart11.44%2020% Immigrant [+]
% Emigrant [+]202032.34%chart21.42%2020% Emigrant [+]
Birth Rate [+]202411.10‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017292.2chart75.62017Remittance sent ($M) [+]
Crude death rate [+]20248.40‰chart10.20‰2024Crude death rate [+]
Fertility Rate [+]20231.90chart1.762023Fertility Rate [+]
Crude marriage rate [+]20235.50‰chart5.20‰2021Crude marriage rate [+]
% risk of poverty [+]202323.7%chart20.3%2022% risk of poverty [+]
Population [+]20243,076,252chart623,3272024Population [+]
Immigrant stock [+]2020190,349chart70,9992020Immigrant stock [+]
Emigrant stock [+]2020958,190chart132,9652020Emigrant stock [+]
HDI [+]20220.786chart0.8442022HDI [+]
Gender Gap Ranking [+]202464ºchart67º2024Gender Gap Ranking [+]
Life expectancy [+]202377.47chart77.602023Life expectancy [+]
Suicides [+]2015162chart692015Suicides [+]
Suicide rate [+]20155.39chart11.072015Suicide rate [+]
Number of homicides [+]202365chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.21chart0.792023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20232.63
Consumption GWh [+]20237,012chart2,7192023Consumption GWh [+]
Generation GWh [+]20238,648chart4,1872023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/04/20268,785chart2,65401/04/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/04/2026454,865chart251,28001/04/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]10/01/20231,030,758chart284,86908/26/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/04/20262,855.75chart4,257.8001/04/2026COVID-19 - Deaths per million population [+]
Doses administered [+]10/01/20232,256,919chart679,17108/26/2022Doses administered [+]
Armenia
Montenegro