Country comparison Cyprus vs Armenia

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Gouvernement
GDP Growth (%) [+]20243.9%chart5.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q39,282K
Annual GDP [+]2024€33,568Mchart€23,987M2024Annual GDP [+]
Annual GDP [+]2024$36,322Mchart$25,955M2024Annual GDP [+]
GDP per capita [+]2024€35,730chart€7,6992024GDP per capita [+]
GDP per capita [+]2024$38,802chart$8,3302024GDP per capita [+]
Quarterly GDP [+]2025Q3€9,095M
Debt (M.€.) [+]202421,823chart11,9842024Debt (M.€.) [+]
Debt ($M) [+]202423,640chart12,9672024Debt ($M) [+]
Debt (%GDP) [+]202462.80%chart49.96%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€22,271chart€3,8962024Debt Per Capita [+]
Debt Per Capita [+]2024$24,126chart$4,2152024Debt Per Capita [+]
Deficit (M.€) [+]20241,439chart-8852024Deficit (M.€) [+]
Deficit ($M) [+]20241,555chart-9582024Deficit ($M) [+]
Deficit (%GDP) [+]20244.10%chart-3.69%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202413,311.1chart6,954.42024Expenditure (M.€) [+]
Expenditure ($M) [+]202414,521.0chart7,525.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,404.0chart545.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,467.0chart587.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.48%chart8.71%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20231,955,336,000.0chart327.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,113.0chart354.72023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.86%chart5.46%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024553.0chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024598.4chart1,422.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.21%chart18.33%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202438.30%chart28.99%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€13,585chart€2,2612024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$14,819chart$2,4462024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€1,495chart€1802023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$1,621chart$1942023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€2,042chart€1112023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$2,226chart$1202023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€589chart€4222024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$639chart$4572024Defence Expenditure P.C. [+]
Moody's Rating [+]11/22/2024A3Ba306/26/2025Moody's Rating [+]
S&P Rating [+]11/14/2025A-BB-08/25/2023S&P Rating [+]
Fitch Rating [+]03/10/2023BBBB+10/15/2020Fitch Rating [+]
Corruption Index [+]202353chart472023Corruption Index [+]
Competitiveness Ranking [+]201944ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]202454.1chart68.12024Fragile States Index [+]
RTI Raking [+]202474ºchart38º2024RTI Raking [+]
Innovation Ranking [+]202427ºchart63º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20254.3%
Unemployment rate [+]2025Q34.1%chart6.7%2022Q4Unemployment rate [+]
Unemployed [+]2025Q322Kchart115K2022Q4Unemployed [+]
NMW [+]2025$1,133.9chart$185.32024NMW [+]
NMW [+]2025€1,000.0chart€167.52024NMW [+]
Average Wage [+]2024$31,063
Average Wage [+]2024€28,698
Human Capital Ranking [+]201738ºchart49º2017Human Capital Ranking [+]
Markets
444.840001/23/2026Euro / Dram [+]
US Dollar exchange rate [+]01/22/20260.8543chart379.070001/23/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/23/20265.34%
Prices
2.7%April 2025CPI (overall index) [+]
HICP [+]December 20250.1%
PPI Year on Year [+]November 20250%
Money Market
Key rates [+]06/11/20252.15%chart6.50%12/16/2025Key rates [+]
Business
Doing Business [+]202054ºchart47º2020Doing Business [+]
IPI Year on Year [+]November 202510.5%
Passengers vehicles Year [+]December 202428,587chart970December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202214.48chart0.41December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021766.71
Taxes
Tax Revenue (%GDP) [+]202437.4%chart22.7%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/13/201419.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202035.0%chart23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20211,937,000chart1,666,0002022Annual arrivals [+]
Exports [+]2024€5,118.0Mchart€7,782.5M2023Exports [+]
Exports [+]2024$5,539.6Mchart$8,415.2M2023Exports [+]
Exports % GDP [+]202415.25%chart34.80%2023Exports % GDP [+]
Imports [+]2024€12,510.6Mchart€11,382.6M2023Imports [+]
Imports [+]2024$13,541.2Mchart$12,308.0M2023Imports [+]
Imports % GDP [+]202437.27%chart50.90%2023Imports % GDP [+]
Trade balance [+]2024€-7,392.6Mchart€-3,600.1M2023Trade balance [+]
Trade balance [+]2024$-8,001.6Mchart$-3,892.8M2023Trade balance [+]
Trade balance % GDP [+]2024-22.02%chart-16.10%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20258.2%
Socio-Demography
Global AgeWatch Ranking [+]201530ºchart43º2015Global AgeWatch Ranking [+]
Density [+]2024106chart1032024Density [+]
Global Peace Ranking [+]202470ºchart77º2024Global Peace Ranking [+]
Crude divorce rate [+]20192.60‰chart1.50‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017334.8chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202020.82%chart6.42%2020% Immigrant [+]
% Emigrant [+]202018.94%chart32.34%2020% Emigrant [+]
Birth Rate [+]202410.20‰chart11.10‰2024Birth Rate [+]
Remittance sent ($M) [+]2017437.9chart292.22017Remittance sent ($M) [+]
Crude death rate [+]20246.90‰chart8.40‰2024Crude death rate [+]
Fertility Rate [+]20231.40chart1.902023Fertility Rate [+]
Crude marriage rate [+]20198.90‰chart5.50‰2023Crude marriage rate [+]
% risk of poverty [+]202414.6%chart23.7%2023% risk of poverty [+]
Population [+]2024979,865chart3,076,2522024Population [+]
Immigrant stock [+]2020190,366chart190,3492020Immigrant stock [+]
Emigrant stock [+]2020173,210chart958,1902020Emigrant stock [+]
HDI [+]20220.907chart0.7862022HDI [+]
Gender Gap Ranking [+]202484ºchart64º2024Gender Gap Ranking [+]
Life expectancy [+]202483.20chart77.472023Life expectancy [+]
Suicides [+]202338chart1622015Suicides [+]
Suicide rate [+]20233.93chart5.392015Suicide rate [+]
Number of homicides [+]202413chart652023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.82chart2.212023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20235.83chart2.632023CO2 Tons per capita [+]
Consumption GWh [+]20235,167chart7,0122023Consumption GWh [+]
Generation GWh [+]20235,313chart8,6482023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20251,364chart8,78512/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025718,053chart454,86512/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023656,138chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20251,392.03chart2,855.7512/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20231,891,597chart2,256,91910/01/2023Doses administered [+]
Cyprus
Armenia