Country comparison Norway vs Armenia

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Gouvernement
GDP Growth (%) [+]20242.1%chart5.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q320,873K
Annual GDP [+]2024€446,866Mchart€23,987M2024Annual GDP [+]
Annual GDP [+]2024$483,593Mchart$25,955M2024Annual GDP [+]
GDP per capita [+]2024€80,200chart€7,6992024GDP per capita [+]
GDP per capita [+]2024$86,587chart$8,3302024GDP per capita [+]
Quarterly GDP [+]2025Q3€116,770M
Debt (M.€.) [+]2023197,049chart11,9842024Debt (M.€.) [+]
Debt ($M) [+]2023213,124chart12,9672024Debt ($M) [+]
Debt (%GDP) [+]202344.13%chart49.96%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€35,503chart€3,8962024Debt Per Capita [+]
Debt Per Capita [+]2023$38,399chart$4,2152024Debt Per Capita [+]
Deficit (M.€) [+]202458,964chart-8852024Deficit (M.€) [+]
Deficit ($M) [+]202463,822chart-9582024Deficit ($M) [+]
Deficit (%GDP) [+]202413.20%chart-3.69%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024221,049.9chart6,954.42024Expenditure (M.€) [+]
Expenditure ($M) [+]2024239,260.0chart7,525.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202230,960.3chart545.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202232,392.9chart587.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.47%chart8.71%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202437,248,508,861.0chart327.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202339,211.5chart354.72023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202317.37%chart5.46%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20249,345.0chart1,314.92024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202410,113.1chart1,422.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.53%chart18.33%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202449.50%chart28.99%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€39,513chart€2,2612024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$42,768chart$2,4462024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,674chart€1802023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,942chart$1942023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,711chart€1112023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$7,144chart$1202023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,677chart€4222024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,811chart$4572024Defence Expenditure P.C. [+]
Moody's Rating [+]06/07/2024AaaBa306/26/2025Moody's Rating [+]
S&P Rating [+]07/09/1975AAABB-08/25/2023S&P Rating [+]
Fitch Rating [+]02/28/2020AAAB+10/15/2020Fitch Rating [+]
Corruption Index [+]202384chart472023Corruption Index [+]
Competitiveness Ranking [+]201917ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]202412.7chart68.12024Fragile States Index [+]
RTI Raking [+]202486ºchart38º2024RTI Raking [+]
Innovation Ranking [+]202421ºchart63º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20254.3%
Unemployment rate [+]2025Q34.6%chart6.7%2022Q4Unemployment rate [+]
Unemployed [+]2025Q3141Kchart115K2022Q4Unemployed [+]
$185.32024NMW [+]
€167.52024NMW [+]
Average Wage [+]2024$71,085
Average Wage [+]2024€65,675
Human Capital Ranking [+]20171ºchart49º2017Human Capital Ranking [+]
Markets
Euro / Norwegian krones [+]02/13/202611.3260chart446.900002/14/2026Euro / Dram [+]
US Dollar exchange rate [+]02/12/20269.4774chart376.940002/14/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/13/20264.27%
Risk Premium [+]02/13/2026152
Stock ExchangeYTD % [+]02/13/20269.39%
Prices
CPI (overall index) [+]December 20234.8%chart2.7%April 2025CPI (overall index) [+]
HICP [+]December 20253.0%
PPI Year on Year [+]January 20264.6%
Money Market
Key rates [+]09/19/20254.00%chart6.50%12/16/2025Key rates [+]
Business
Doing Business [+]20209ºchart47º2020Doing Business [+]
IPI Year on Year [+]December 20252.3%
Passengers vehicles Year [+]December 2024252,252chart970December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202238.26chart0.41December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202440.6%chart23.5%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200625.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202247.4%chart23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20224,979,400chart1,666,0002022Annual arrivals [+]
Exports [+]2025€151,645.8Mchart€7,782.5M2023Exports [+]
Exports [+]2024$167,173.4Mchart$8,415.2M2023Exports [+]
Exports % GDP [+]202434.56%chart34.80%2023Exports % GDP [+]
Imports [+]2025€93,455.9Mchart€11,382.6M2023Imports [+]
Imports [+]2024$98,538.3Mchart$12,308.0M2023Imports [+]
Imports % GDP [+]202420.37%chart50.90%2023Imports % GDP [+]
Trade balance [+]2025€58,190.1Mchart€-3,600.1M2023Trade balance [+]
Trade balance [+]2024$68,635.1Mchart$-3,892.8M2023Trade balance [+]
Trade balance % GDP [+]202414.19%chart-16.10%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20253.3%
Socio-Demography
Global AgeWatch Ranking [+]20152ºchart43º2015Global AgeWatch Ranking [+]
Density [+]20249chart1032024Density [+]
Global Peace Ranking [+]202428ºchart77º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰chart1.50‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017614.1chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart6.42%2020% Immigrant [+]
% Emigrant [+]20203.55%chart32.34%2020% Emigrant [+]
Birth Rate [+]20249.70‰chart11.10‰2024Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart292.22017Remittance sent ($M) [+]
Crude death rate [+]20247.90‰chart8.40‰2024Crude death rate [+]
Fertility Rate [+]20231.40chart1.902023Fertility Rate [+]
Crude marriage rate [+]20203.30‰chart5.50‰2023Crude marriage rate [+]
% risk of poverty [+]202411.6%chart23.7%2023% risk of poverty [+]
Population [+]20245,594,340chart3,076,2522024Population [+]
Immigrant stock [+]2020852,238chart190,3492020Immigrant stock [+]
Emigrant stock [+]2020191,392chart958,1902020Emigrant stock [+]
HDI [+]20220.966chart0.7862022HDI [+]
Gender Gap Ranking [+]20243ºchart64º2024Gender Gap Ranking [+]
Life expectancy [+]202483.30chart77.472023Life expectancy [+]
Suicides [+]2023728chart1622015Suicides [+]
Suicide rate [+]202313.12chart5.392015Suicide rate [+]
Number of homicides [+]202340chart652023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.72chart2.212023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.86chart2.632023CO2 Tons per capita [+]
Annual crude oil production [+]20241,791
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2023127,324chart7,0122023Consumption GWh [+]
Generation GWh [+]2023152,095chart8,6482023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20265,732chart8,78501/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20261,549,525chart454,89101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/20234,061,312chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20261,024.61chart2,855.7501/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/202313,020,641chart2,256,91910/01/2023Doses administered [+]
Norway
Armenia