Unemployment

6.9%

0.6

Unemployment

8.8%

-0.4

Unemployment

9.6%

-1.5

Unemployment

2.8%

0.2

Rate

4.50%

0.25

CPI

6.7%

-0.1

CPI

11.4%

-0.4

CPI

5.5%

-0.5

  1. Countries data: Demographic and economy

Country comparison Luxembourg vs Armenia

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Gouvernement
Qu. GDP Per Capita [+]2023Q230,865K
Annual GDP [+]2022€77,529Mchart€18,451M2022Annual GDP [+]
Annual GDP [+]2022$82,340Mchart$19,503M2022Annual GDP [+]
GDP per capita [+]2022€118,320chart€6,1982022GDP per capita [+]
GDP per capita [+]2022$124,605chart$6,5512022GDP per capita [+]
Quarterly GDP [+]2023Q2€20,396M
Debt (M.€.) [+]202219,223chart7,0562021Debt (M.€.) [+]
Debt ($M) [+]202220,242chart8,3512021Debt ($M) [+]
Debt (%GDP) [+]202224.60%chart60.25%2021Debt (%GDP) [+]
Debt Per Capita [+]2022€29,090chart€2,5282021Debt Per Capita [+]
Debt Per Capita [+]2022$30,632chart$2,9922021Debt Per Capita [+]
Deficit (M.€) [+]2022138chart-5372021Deficit (M.€) [+]
Deficit ($M) [+]2022145chart-6362021Deficit ($M) [+]
Deficit (%GDP) [+]20220.20%chart-4.59%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202233,827.4chart3,361.62021Expenditure (M.€) [+]
Expenditure ($M) [+]202235,620.3chart3,978.52021Expenditure ($M) [+]
Education Expenditure (M.€) [+]20182,192.9chart299.72020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20182,590.9chart342.12020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20188.66%chart8.28%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20223,660,780,000.0chart140.12017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20223,854,801,340.0chart158.22017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201710.80%chart5.27%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2021453.6chart520.02021Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2021536.4chart615.42021Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20211.26%chart16.32%2021Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202243.30%chart28.70%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€51,191chart€1,2042021Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$53,904chart$1,4252021Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€3,602chart€1012020Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$4,304chart$1152020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€5,672chart€482017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$5,973chart$542017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2021€708chart€1862021Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2021$831chart$2212021Defence Expenditure P.C. [+]
Moody's Rating [+]03/17/2023AaaBa306/22/2023Moody's Rating [+]
S&P Rating [+]04/28/1994AAABB-08/25/2023S&P Rating [+]
Fitch Rating [+]03/06/2020AAAB+10/15/2020Fitch Rating [+]
Corruption Index [+]202277chart462022Corruption Index [+]
Competitiveness Ranking [+]201918ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]201820.8chart69.52018Fragile States Index [+]
47º09/28/2018RTI Raking [+]
Innovation Ranking [+]201815ºchart68º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20235.2%
Unemployment rate [+]2023Q24.9%chart10.0%2021Q4Unemployment rate [+]
Unemployed [+]2023Q217Kchart155K2021Q4Unemployed [+]
NMW [+]2023$2,679.6chart$156.12022NMW [+]
NMW [+]2023€2,508.2chart€125.32022NMW [+]
Average Wage [+]2022$73,910
Average Wage [+]2022€70,189
Human Capital Ranking [+]201730ºchart49º2017Human Capital Ranking [+]
Markets
410.040009/27/2023Euro / Dram [+]
US Dollar exchange rate [+]09/26/20230.9430chart388.590009/27/2023US Dollar exchange rate [+]
Stock ExchangeYTD % [+]09/26/2023-4.73%
Prices
CPI (overall index) [+]August 20234.2%chart7.2%March 2023CPI (overall index) [+]
HICP [+]August 20233.5%
PPI Year on Year [+]July 2023-3.8%
Money Market
Key rates [+]09/20/20234.50%chart9.75%09/12/2023Key rates [+]
Business
Doing Business [+]202072ºchart47º2020Doing Business [+]
IPI Year on Year [+]July 2023-7.1%
Passengers vehicles Year [+]December 202242,094chart970December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202271.86chart0.41December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021775.27
Taxes
Tax Revenue (%GDP) [+]202239.3%chart22.7%2021Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201517.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202247.2%chart23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,041,117chart1,894,3772019Annual arrivals [+]
Exports [+]2022€16,405.2Mchart€2,555.6M2021Exports [+]
Exports [+]2022$17,274.7Mchart$3,022.5M2021Exports [+]
Exports % GDP [+]202221.16%chart21.82%2021Exports % GDP [+]
Imports [+]2022€25,186.5Mchart€4,529.3M2021Imports [+]
Imports [+]2022$26,521.4Mchart$5,356.8M2021Imports [+]
Imports % GDP [+]202232.49%chart38.67%2021Imports % GDP [+]
Trade balance [+]2022€-8,781.3Mchart€-1,973.7M2021Trade balance [+]
Trade balance [+]2022$-9,246.7Mchart$-2,334.3M2021Trade balance [+]
Trade balance % GDP [+]2022-11.33%chart-16.85%2021Trade balance % GDP [+]
Retail Sales YoY [+]July 20236.9%
Socio-Demography
Global AgeWatch Ranking [+]201519ºchart43º2015Global AgeWatch Ranking [+]
Density [+]2022255chart1002022Density [+]
83º2022Global Peace Ranking [+]
Crude divorce rate [+]20212.20‰chart1.10‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,746.1chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart6.42%2020% Immigrant [+]
% Emigrant [+]202012.88%chart32.34%2020% Emigrant [+]
Birth Rate [+]20229.90‰chart12.05‰2021Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart292.22017Remittance sent ($M) [+]
Crude death rate [+]20226.80‰chart13.01‰2021Crude death rate [+]
Fertility Rate [+]20211.38chart1.582021Fertility Rate [+]
Crude marriage rate [+]20213.00‰chart4.11‰2020Crude marriage rate [+]
% risk of poverty [+]202217.4%chart26.5%2021% risk of poverty [+]
Population [+]2022660,809chart2,977,1302022Population [+]
Immigrant stock [+]2020298,062chart190,3492020Immigrant stock [+]
Emigrant stock [+]202081,757chart958,1902020Emigrant stock [+]
HDI [+]20210.930chart0.7592021HDI [+]
Gender Gap Ranking [+]202246ºchart89º2022Gender Gap Ranking [+]
Life expectancy [+]202283.00chart72.042021Life expectancy [+]
Suicides [+]202136chart1622015Suicides [+]
Suicide rate [+]20216.10chart5.392015Suicide rate [+]
Number of homicides [+]20214chart612021Number of homicides [+]
Rate Homicides per 100.000 [+]20210.63chart2.192021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202113.82chart2.302021CO2 Tons per capita [+]
Consumption GWh [+]20216,496chart6,1322021Consumption GWh [+]
Generation GWh [+]2021921chart7,3242021Generation GWh [+]
Others
COVID-19 - Deaths [+]09/21/20231,000chart8,75109/21/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/21/2023383,398chart449,46509/21/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart996,80406/04/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/21/20231,513.30chart2,939.4109/21/2023COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart2,158,79606/04/2023Doses administered [+]
Luxembourg
Armenia