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Economy of Armenia. Statistics, Data and Indicators

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


Armenia Major Economic Indicators

Indicator Data Period
GDP Value 12.65 USD Billion 2020
GDP Annual Growth Rate 9 % 4Q/21
GDP per capita 4012 USD 2020
Inflation Rate YoY 8.4 % Apr/22
Interest Rate 9.25 % May/22
Unemployment Rate 14.5 % 4Q/21
Wages 206297 AMD/Month | 449.033 USD/Month Jul/21
Balance of Trade -222 USD Million | -0.222 B USD Mar/22
Current Account -430 USD Million | -0.43 B USD 4Q/21
Foreign Exchange Reserves 3105 USD Million | 3.105 B USD Jan/22
Government Debt 4329 AMD Billion | 9.423 B USD 1Q/21


GDP Indicators

Indicator Data Period
GDP Value 12.65 USD Billion 2020
GDP Annual Growth Rate 9 % 4Q/21
GDP per capita 4012 USD 2020
GDP Constant Prices 2217155 AMD Million | 4.826 B USD 4Q/21
GDP per capita PPP 12593 USD 2020
GDP From Agriculture  226017 AMD Million | 0.492 B USD 4Q/21
GDP From Construction  206489 AMD Million | 0.449 B USD 4Q/21
GDP From Manufacturing  286202 AMD Million | 0.623 B USD 4Q/21
GDP From Mining  56090 AMD Million | 0.122 B USD 4Q/21
GDP From Public Administration  86637 AMD Million | 0.189 B USD 4Q/21
GDP From Services  31510 AMD Million | 0.069 B USD 4Q/21
GDP From Transport  47898 AMD Million | 0.104 B USD 4Q/21
GDP From Utilities  6587 AMD Million | 0.014 B USD 4Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 62.79 % 2020
Government Budget Value -157431 AMD Billion | -342.67 USD Billion 4Q/21
Government Spending 396219 AMD Million | 0.862 USD Billion 4Q/21
Government Debt 4329 AMD Billion | 9.423 USD Billion 1Q/21
Government Revenues 505213 AMD Billion | 1099.664 USD Billion 4Q/21
Fiscal Expenditure  662644 AMD Million | 1.442 B USD 4Q/21
Government Budget to GDP -5.4 % 2020
Military Expenditure 635 USD Million | 0.635 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 153 index points Apr/22
Export Prices 92.6 index points Jul/21
Food Inflation 14.3 % Apr/22
Import Prices 95.7 index points Jul/21
Inflation Rate YoY 8.4 % Apr/22
Producer Prices 101 index points Jan/22
Inflation Rate Mom 2.3 % Apr/22
Core Consumer Prices 101 Index Points Apr/22
Core Inflation Rate 7 % Mar/22
Producer Prices Change  12.5 % Mar/22


Trade Indicators

Indicator Data Period
Current Account to GDP -2.5 % 2021
Balance of Trade -222 USD Million | -0.222 USD Billion Mar/22
Capital Flows -255 USD Million | -0.255 USD Billion 4Q/21
Current Account -430 USD Million | -0.43 USD Billion 4Q/21
Exports 254 USD Million | 0.254 USD Billion Feb/22
External Debt 13829 USD Million | 13.829 USD Billion 4Q/21
Foreign Exchange Reserves 3105 USD Million | 3.105 USD Billion Jan/22
Imports 496 USD Million | 0.496 USD Billion Feb/22
Terms of Trade  96.8 Index Points Jul/21
Tourist Arrivals 14971 Thousand Persons | 14.971 Million Persons 4Q/20


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 1Q/22
Interest Rate 9.25 % May/22
Money Supply M0 1607675 AMD Million | 3.499 USD Billion Mar/22
Money Supply M1 1300820 AMD Million | 2.831 USD Billion Mar/22
Money Supply M2 2432865 AMD Million | 5.295 USD Billion Mar/22
Deposit Interest Rate 7.75 % Mar/22
Foreign Direct Investment 116 USD Million | 0.116 B USD 3Q/21


Labor Indicators

Indicator Data Period
Minimum Wages 68000 AMD/Month | 148.011 USD/Month 2021
Retirement Age Men 63 2020
Retirement Age Women 63 2020
Unemployment Rate 14.5 % 4Q/21
Wages 206297 AMD/Month | 449.033 USD/Month Jul/21
Employed Persons 904 Thousand Person | 0.904 Million Person Jun/21
Labor Force Participation Rate 59.8 % 3Q/21
Unemployed Persons 57.9 Thousand Persons | 0.058 Million Persons Dec/21
Wages in Manufacturing 183541 AMD/Monthl | 399.502 USD/Month Jun/21


Taxes



Production Indicators

Indicator Data Period
Industrial Production -6.9 % Mar/22
Mining Production -4.8 % Dec/21
Industrial Production (MoM) -37.8 % Jan/22


Business Indicators

Indicator Data Period
Business Confidence 51 index points 2Q/16
Corruption Index 49 index points 2021
Corruption Rank 58 place 2021
Ease of Doing Business 47 place 2019
Manufacturing Production 8.8 % Dec/21
Competitiveness Index 61.28 Index Points 2019
Competitiveness Rank 69 2019
Leading Economic Index  6.7 % Mar/22


Consumer Indicators

Indicator Data Period
Consumer Confidence 42.6 index points 2Q/16
Retail Sales YoY 6.6 % Mar/22
Consumer Credit 834407 AMD Million | 1.816 USD Billion Mar/22
Consumer Spending 1438475 AMD Million | 3.131 USD Billion 4Q/21


Housing Market

Indicator Data Period
Construction Output 8.2 % Mar/22