Country comparison Azerbaijan vs Armenia

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Gouvernement
GDP Growth (%) [+]20244.1%chart5.9%2024GDP Growth (%) [+]
Annual GDP [+]2024€68,680Mchart€23,987M2024Annual GDP [+]
Annual GDP [+]2024$74,316Mchart$25,955M2024Annual GDP [+]
GDP per capita [+]2024€6,701chart€7,6992024GDP per capita [+]
GDP per capita [+]2024$7,251chart$8,3302024GDP per capita [+]
Debt (M.€.) [+]202414,885chart11,9842024Debt (M.€.) [+]
Debt ($M) [+]202416,106chart12,9672024Debt ($M) [+]
Debt (%GDP) [+]202421.67%chart49.96%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€1,456chart€3,8962024Debt Per Capita [+]
Debt Per Capita [+]2024$1,575chart$4,2152024Debt Per Capita [+]
Deficit (M.€) [+]20242,786chart-8852024Deficit (M.€) [+]
Deficit ($M) [+]20243,015chart-9582024Deficit ($M) [+]
Deficit (%GDP) [+]20244.06%chart-3.69%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202423,289.1chart6,954.42024Expenditure (M.€) [+]
Expenditure ($M) [+]202425,200.0chart7,525.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,453.6chart545.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,651.1chart587.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202511.92%chart8.71%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023932.8chart327.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20231,009.3chart354.72023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.26%chart5.46%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20243,429.2chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20243,710.5chart1,422.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202415.23%chart18.33%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202433.91%chart28.99%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,278chart€2,2612024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,465chart$2,4462024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€242chart€1802023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$262chart$1942023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€90chart€1112023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$98chart$1202023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€335chart€4222024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$362chart$4572024Defence Expenditure P.C. [+]
Moody's Rating [+]07/04/2025Baa3Ba306/26/2025Moody's Rating [+]
S&P Rating [+]12/05/2025NRBB-08/25/2023S&P Rating [+]
Fitch Rating [+]04/10/2020BB+B+10/15/2020Fitch Rating [+]
Corruption Index [+]202323chart472023Corruption Index [+]
Competitiveness Ranking [+]201958ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]202472.8chart68.12024Fragile States Index [+]
RTI Raking [+]202450ºchart38º2024RTI Raking [+]
Innovation Ranking [+]202495ºchart63º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2016Q45.0%chart6.7%2022Q4Unemployment rate [+]
Unemployed [+]2016Q4253Kchart115K2022Q4Unemployed [+]
NMW [+]2024$202.9chart$185.32024NMW [+]
NMW [+]2024€183.8chart€167.52024NMW [+]
Human Capital Ranking [+]201654ºchart49º2017Human Capital Ranking [+]
Markets
Euro / Manat [+]11/16/20241.7918chart446.900002/14/2026Euro / Dram [+]
US Dollar exchange rate [+]11/16/20241.7000chart376.940002/14/2026US Dollar exchange rate [+]
Prices
2.7%April 2025CPI (overall index) [+]
Money Market
Key rates [+]02/05/20266.50%chart6.50%12/16/2025Key rates [+]
Business
Doing Business [+]202028ºchart47º2020Doing Business [+]
Passengers vehicles Year [+]December 20196,046chart970December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.67chart0.41December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015134.14
Taxes
Tax Revenue (%GDP) [+]202323.0%chart23.5%2023Tax Revenue (%GDP) [+]
20.00%01/01/2006Standard VAT [+]
23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,508,000chart1,666,0002022Annual arrivals [+]
Exports [+]2023€31,349.9Mchart€7,782.5M2023Exports [+]
Exports [+]2023$33,898.6Mchart$8,415.2M2023Exports [+]
Exports % GDP [+]202346.82%chart34.80%2023Exports % GDP [+]
Imports [+]2023€15,985.7Mchart€11,382.6M2023Imports [+]
Imports [+]2023$17,285.3Mchart$12,308.0M2023Imports [+]
Imports % GDP [+]202323.87%chart50.90%2023Imports % GDP [+]
Trade balance [+]2023€15,364.2Mchart€-3,600.1M2023Trade balance [+]
Trade balance [+]2023$16,613.3Mchart$-3,892.8M2023Trade balance [+]
Trade balance % GDP [+]202322.94%chart-16.10%2023Trade balance % GDP [+]
Socio-Demography
43º2015Global AgeWatch Ranking [+]
Density [+]2024118chart1032024Density [+]
Global Peace Ranking [+]2024106ºchart77º2024Global Peace Ranking [+]
Crude divorce rate [+]20221.60‰chart1.50‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,050.3chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]20202.49%chart6.42%2020% Immigrant [+]
% Emigrant [+]202011.50%chart32.34%2020% Emigrant [+]
Birth Rate [+]202410.00‰chart11.10‰2024Birth Rate [+]
Remittance sent ($M) [+]2017285.0chart292.22017Remittance sent ($M) [+]
Crude death rate [+]20245.80‰chart8.40‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.902023Fertility Rate [+]
Crude marriage rate [+]20226.10‰chart5.50‰2023Crude marriage rate [+]
% risk of poverty [+]20126.0%chart23.7%2023% risk of poverty [+]
Population [+]202410,224,889chart3,076,2522024Population [+]
Immigrant stock [+]2020252,228chart190,3492020Immigrant stock [+]
Emigrant stock [+]20201,163,922chart958,1902020Emigrant stock [+]
HDI [+]20220.760chart0.7862022HDI [+]
Gender Gap Ranking [+]2024103ºchart64º2024Gender Gap Ranking [+]
Life expectancy [+]202374.43chart77.472023Life expectancy [+]
Suicides [+]2015319chart1622015Suicides [+]
Suicide rate [+]20153.28chart5.392015Suicide rate [+]
Number of homicides [+]2024206chart652023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.16chart2.212023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.14chart2.632023CO2 Tons per capita [+]
Annual crude oil production [+]2024591
Crude Oil Reserves [+]20217,000.0
Consumption GWh [+]202323,857chart7,0122023Consumption GWh [+]
Generation GWh [+]202329,088chart8,6482023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/202610,353chart8,78501/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026836,510chart454,89101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/28/20224,862,494chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20261,012.53chart2,855.7501/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/28/202213,857,111chart2,256,91910/01/2023Doses administered [+]
Azerbaijan
Armenia