Country comparison Armenia vs Türkiye

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Gouvernement
GDP Growth (%) [+]20245.9%chart3.3%2024GDP Growth (%) [+]
4,067K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€23,987Mchart€1,253,387M2024Annual GDP [+]
Annual GDP [+]2024$25,955Mchart$1,323,255M2024Annual GDP [+]
GDP per capita [+]2024€7,699chart€14,1402024GDP per capita [+]
GDP per capita [+]2024$8,330chart$15,8822024GDP per capita [+]
€348,441M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202411,984chart301,7032024Debt (M.€.) [+]
Debt ($M) [+]202412,967chart326,4602024Debt ($M) [+]
Debt (%GDP) [+]202449.96%chart24.04%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€3,896chart€3,5222024Debt Per Capita [+]
Debt Per Capita [+]2024$4,215chart$3,8112024Debt Per Capita [+]
Deficit (M.€) [+]2024-885chart-57,3482024Deficit (M.€) [+]
Deficit ($M) [+]2024-958chart-62,0542024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.69%chart-4.57%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20246,954.4chart409,646.02024Expenditure (M.€) [+]
Expenditure ($M) [+]20247,525.0chart443,259.52024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023545.3chart32,231.12023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023587.4chart34,270.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20258.71%chart8.62%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023327.8chart44,588,537,053.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023354.7chart36,297.52023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20235.46%chart9.78%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart24,097.02024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,422.8chart25,440.32024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202418.33%chart4.40%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202428.99%chart32.64%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,261chart€4,7822024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,446chart$5,1742024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€180chart€3632023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$194chart$4142023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€111chart€5222024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$120chart$4162023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€422chart€2722024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$457chart$3052024Defence Expenditure P.C. [+]
Moody's Rating [+]06/26/2025Ba3Ba307/25/2025Moody's Rating [+]
S&P Rating [+]08/25/2023BB-BB-11/01/2024S&P Rating [+]
Fitch Rating [+]10/15/2020B+B07/08/2022Fitch Rating [+]
Corruption Index [+]202347chart342023Corruption Index [+]
Competitiveness Ranking [+]201969ºchart61º2019Competitiveness Ranking [+]
Fragile States Index [+]202468.1chart84.02024Fragile States Index [+]
RTI Raking [+]202438ºchart93º2024RTI Raking [+]
Innovation Ranking [+]202463ºchart37º2024Innovation Ranking [+]
Labour
8.6%November 2025Unemployment Rate [+]
Unemployment rate [+]2022Q46.7%chart8.5%2025Q3Unemployment rate [+]
Unemployed [+]2022Q4115Kchart3,057K2025Q3Unemployed [+]
NMW [+]2024$185.3chart$665.22025NMW [+]
NMW [+]2024€167.5chart€584.52025NMW [+]
$17,2872024Average Wage [+]
€15,9712024Average Wage [+]
Human Capital Ranking [+]201749ºchart75º2017Human Capital Ranking [+]
Markets
Euro / Dram [+]01/17/2026441.3200chart50.278401/16/2026Euro / Turkish liras [+]
US Dollar exchange rate [+]01/17/2026379.9900chart43.127201/16/2026US Dollar exchange rate [+]
12.49%01/17/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20252.7%chart80.2%August 2022CPI (overall index) [+]
31.1%November 2025HICP [+]
27.7%December 2025PPI Year on Year [+]
Money Market
Key rates [+]12/16/20256.50%chart38.00%12/12/2025Key rates [+]
Business
Doing Business [+]202047ºchart34º2020Doing Business [+]
2.4%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2019970chart967,341December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.41chart15.09December 2023Annual Vehicles/ 1,000 p. [+]
1,468,3932023Motor vehicle production [+]
223.332020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202222.7%chart23.5%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200620.00%chart18.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202023.0%chart40.8%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,666,000chart50,453,0002022Annual arrivals [+]
Exports [+]2023€7,782.5Mchart€219,315.6M2024Exports [+]
Exports [+]2023$8,415.2Mchart$237,382.8M2024Exports [+]
Exports % GDP [+]202334.80%chart17.50%2024Exports % GDP [+]
Imports [+]2023€11,382.6Mchart€296,606.4M2024Imports [+]
Imports [+]2023$12,308.0Mchart$321,040.8M2024Imports [+]
Imports % GDP [+]202350.90%chart23.66%2024Imports % GDP [+]
Trade balance [+]2023€-3,600.1Mchart€-77,290.7M2024Trade balance [+]
Trade balance [+]2023$-3,892.8Mchart$-83,658.0M2024Trade balance [+]
Trade balance % GDP [+]2023-16.10%chart-6.17%2024Trade balance % GDP [+]
13.9%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201543ºchart75º2015Global AgeWatch Ranking [+]
Density [+]2024103chart1092024Density [+]
Global Peace Ranking [+]202477ºchart139º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰chart2.00‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,539.0chart1,045.12017Remittance received ($M) [+]
% Immigrant [+]20206.42%chart7.24%2020% Immigrant [+]
% Emigrant [+]202032.34%chart4.08%2020% Emigrant [+]
Birth Rate [+]202411.10‰chart11.00‰2024Birth Rate [+]
Remittance sent ($M) [+]2017292.2chart4,737.42017Remittance sent ($M) [+]
Crude death rate [+]20248.40‰chart5.70‰2024Crude death rate [+]
Fertility Rate [+]20231.90chart1.512023Fertility Rate [+]
Crude marriage rate [+]20235.50‰chart6.60‰2023Crude marriage rate [+]
% risk of poverty [+]202323.7%chart22.2%2024% risk of poverty [+]
Population [+]20243,076,252chart85,664,9442024Population [+]
Immigrant stock [+]2020190,349chart6,052,6522020Immigrant stock [+]
Emigrant stock [+]2020958,190chart3,411,4082020Emigrant stock [+]
HDI [+]20220.786chart0.8552022HDI [+]
Gender Gap Ranking [+]202464ºchart127º2024Gender Gap Ranking [+]
Life expectancy [+]202377.47chart77.302023Life expectancy [+]
Suicides [+]2015162chart4,0992023Suicides [+]
Suicide rate [+]20155.39chart4.802023Suicide rate [+]
Number of homicides [+]202365chart2,8172023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.21chart3.232023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20232.63chart5.132023CO2 Tons per capita [+]
1022024Annual crude oil production [+]
366.02021Crude Oil Reserves [+]
Consumption GWh [+]20237,012chart294,8072023Consumption GWh [+]
Generation GWh [+]20238,648chart319,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20258,785chart101,41912/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025454,865chart17,004,72512/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]10/01/20231,030,758chart53,176,96011/22/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20252,855.75chart1,183.9012/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]10/01/20232,256,919chart152,543,34011/22/2022Doses administered [+]
Armenia
Türkiye