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  3. Armenia

Economy of Armenia. Statistics, Data and Indicators

flag
Armenia
43 Credit rank #71
N/A Quality of life #
60 Corruption rank#100
47 Ease of doing business#41
Armenia


Armenia Major Economic Indicators

Indicator Data Period
GDP Value 13.67 USD Billion 2019
GDP Annual Growth Rate -8.8 % 4Q/21
GDP per capita 4732 USD 2019
Inflation Rate YoY 5.8 % Mar/21
Interest Rate 5.5 % Mar/21
Unemployment Rate 16 % 4Q/20
Wages 188545 AMD/Month | 360.612 USD/Month Feb/21
Balance of Trade -125 USD Million | -0.125 B USD Feb/21
Current Account 51.7 USD Million | 0.052 B USD 4Q/20
Foreign Exchange Reserves 3000 USD Million | 3 B USD Mar/21
Government Debt 3924 AMD Billion | 7.505 B USD 4Q/20


GDP
vvp
13.67
USD Billion
#135 from 174 countries
GDP per capita
vvp
4732
USD
#99 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 13.67 USD Billion 2019
GDP Annual Growth Rate -8.8 % 4Q/21
GDP per capita 4732 USD 2019
GDP Constant Prices 1899146 AMD Million | 3.632 B USD 4Q/20
GDP per capita PPP 13654 USD 2019
GDP From Agriculture  246904 AMD Million | 0.472 B USD 4Q/20
GDP From Construction  174445 AMD Million | 0.334 B USD 4Q/20
GDP From Manufacturing  240991 AMD Million | 0.461 B USD 4Q/20
GDP From Mining  49983 AMD Million | 0.096 B USD 4Q/20
GDP From Public Administration  118429 AMD Million | 0.227 B USD 4Q/20
GDP From Services  22156 AMD Million | 0.042 B USD 4Q/20
GDP From Transport  33866 AMD Million | 0.065 B USD 4Q/20
GDP From Utilities  5165 AMD Million | 0.01 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 45.6 % 2019
Government Budget Value -175749 AMD Billion | -336.138 USD Billion 4Q/20
Government Spending 371885 AMD Million | 0.711 USD Billion 4Q/20
Government Debt 3924 AMD Billion | 7.505 USD Billion 4Q/20
Government Revenues 502229 AMD Billion | 960.565 USD Billion 4Q/20
Fiscal Expenditure  677978 AMD Million | 1.297 B USD 4Q/20
Government Budget to GDP -1 % 2019
Military Expenditure 658 USD Million | 0.658 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 140 index points Mar/21
Export Prices 106 index points Feb/21
Food Inflation 7.8 % Feb/21
Import Prices 105 index points Feb/21
Inflation Rate YoY 5.8 % Mar/21
Producer Prices 100 index points Feb/21
Inflation Rate Mom 1 % Mar/21
Core Consumer Prices 100 Index Points Feb/21
Core Inflation Rate 4.7 % Jan/21
Producer Prices Change  7 % Feb/21


Trade Indicators

Indicator Data Period
Current Account to GDP -8.2 % 2019
Balance of Trade -125 USD Million | -0.125 USD Billion Feb/21
Capital Flows 27.6 USD Million | 0.028 USD Billion 4Q/20
Current Account 51.7 USD Million | 0.052 USD Billion 4Q/20
Exports 195 USD Million | 0.195 USD Billion Feb/21
External Debt 12935 USD Million | 12.935 USD Billion 4Q/20
Foreign Exchange Reserves 3000 USD Million | 3 USD Billion Mar/21
Imports 319 USD Million | 0.319 USD Billion Feb/21
Terms of Trade  101 Index Points Feb/21
Tourist Arrivals 47.48 Thousand Persons | 0.047 Million Persons 4Q/20


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 1Q/21
Interest Rate 5.5 % Mar/21
Money Supply M0 1439380 AMD Million | 2.753 USD Billion Feb/21
Money Supply M1 1176780 AMD Million | 2.251 USD Billion Feb/21
Money Supply M2 2136473 AMD Million | 4.086 USD Billion Feb/21
Deposit Interest Rate 8.18 % Feb/21
Foreign Direct Investment -2.7 USD Million | -0.003 B USD 4Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 68000 AMD/Month | 130.057 USD/Month 2020
Retirement Age Men 63 2020
Retirement Age Women 63 2020
Unemployment Rate 16 % 4Q/20
Wages 188545 AMD/Month | 360.612 USD/Month Feb/21
Employed Persons 607 Thousand Person | 0.607 Million Person Feb/21
Labor Force Participation Rate 60 % 3Q/20
Unemployed Persons 63 Thousand Persons | 0.063 Million Persons Feb/21
Wages in Manufacturing 165090 AMD/Monthl | 315.752 USD/Month Feb/21


Taxes

Indicator Data Period
Corporate Tax Rate 20 % 2018
Personal Income Tax Rate 36 % 2018
Sales Tax Rate 20 % 2019
Social Security Rate 5 % 2020
Social Security Rate For Companies 2.5 % 2020
Social Security Rate For Employees 2.5 % 2020


Production Indicators

Indicator Data Period
Industrial Production -5.1 % Feb/21
Mining Production 2.1 % Dec/20
Industrial Production (MoM) -42.9 % Jan/21


Business Indicators

Indicator Data Period
Business Confidence 51 index points 2Q/16
Corruption Index 49 index points 2020
Corruption Rank 60 place 2020
Ease of Doing Business 47 place 2019
Manufacturing Production 17.7 % Dec/20
Competitiveness Index 61.28 Index Points 2019
Competitiveness Rank 69 2019
Leading Economic Index  -5.3 % Feb/21


Consumer Indicators

Indicator Data Period
Consumer Confidence 42.6 index points 2Q/16
Retail Sales YoY -7.8 % Feb/21
Consumer Credit 921869 AMD Million | 1.763 USD Billion Feb/21
Consumer Spending 1214793 AMD Million | 2.323 USD Billion 4Q/20


Housing Market

Indicator Data Period
Construction Output 1.1 % Feb/21


Government Debt
dept_icon
7.505
USD Billion
#53 from 65 countries
Balance of Trade
balance_icon
-0.125
USD Billion
#97 from 173 countries


Gold Reserves
gold_reserve_icon
0
Tonnes
#111 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
3
USD Billion
#94 from 114 countries


Government Budget Value
balance_icon
-336.138
USD Billion
#1 from 113 countries
Inflation Rate
inflation_icon
5.8
%
#134 from 174 countries


Interest Rate
discount_rate_icon
5.5
%
#59 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
16
%
#15 from 171 countries
Wages
salary_icon
360.612
USD/Month
#70 from 82 countries


Retirement Age
man_icon
woman_icon
63
63
men
women
Taxes
company_icon
private_icon
20%
36%
company profits
income of individuals


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