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Economy of Armenia. Statistics, Data and Indicators

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


Armenia Major Economic Indicators

Indicator Data Period
GDP Value 13.3 USD Billion 2019
GDP Annual Growth Rate 7.6 % 4Q/19
GDP per capita 4407 USD 2018
Inflation Rate YoY -0.5 % Feb/20
Interest Rate 5.25 % Mar/20
Unemployment Rate 18 % 3Q/19
Wages 189925 AMD/Month | 378.494 USD/Month Feb/20
Balance of Trade -555 USD Million | -0.555 B USD Feb/20
Current Account -582 USD Million | -0.582 B USD 4Q/19
Foreign Exchange Reserves 2655 USD Million | 2.655 B USD Feb/20
Government Debt 3510 AMD Billion | 6.995 B USD 4Q/19


GDP
vvp
13.3
USD Billion
#135 from 174 countries
GDP per capita
vvp
4407
USD
#99 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 13.3 USD Billion 2019
GDP Annual Growth Rate 7.6 % 4Q/19
GDP per capita 4407 USD 2018
GDP Constant Prices 1991518 AMD Million | 3.969 B USD 4Q/19
GDP per capita PPP 9178 USD 2018
GDP From Agriculture  270361 AMD Million | 0.539 B USD 4Q/19
GDP From Construction  156305 AMD Million | 0.311 B USD 4Q/19
GDP From Manufacturing  238310 AMD Million | 0.475 B USD 4Q/19
GDP From Mining  58395 AMD Million | 0.116 B USD 4Q/19
GDP From Public Administration  95251 AMD Million | 0.19 B USD 4Q/19
GDP From Services  39366 AMD Million | 0.078 B USD 4Q/19
GDP From Transport  62203 AMD Million | 0.124 B USD 4Q/19
GDP From Utilities  5817 AMD Million | 0.012 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.49 % 2018
Government Budget Value -161240 AMD Billion | -321.329 USD Billion 4Q/19
Government Spending 299123 AMD Million | 0.596 USD Billion 4Q/19
Government Debt 3510 AMD Billion | 6.995 USD Billion 4Q/19
Government Revenues 427759 AMD Billion | 852.464 USD Billion 4Q/19
Fiscal Expenditure  588998 AMD Million | 1.174 B USD 4Q/19
Government Budget to GDP -1.8 % 2018
Military Expenditure 591 USD Million | 0.591 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 131 index points Feb/20
Export Prices 106 index points Jan/20
Food Inflation -4.1 % Feb/20
Import Prices 102 index points Jan/20
Inflation Rate YoY -0.5 % Feb/20
Producer Prices 99.1 index points Feb/20
Inflation Rate Mom -0.2 % Feb/20
Core Consumer Prices 100 Index Points Feb/20
Core Inflation Rate 0.8 % Jan/20
Producer Prices Change  -0.5 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -6.6 % 2018
Balance of Trade -555 USD Million | -0.555 USD Billion Feb/20
Capital Flows 6.2 USD Million | 0.006 USD Billion 3Q/19
Current Account -582 USD Million | -0.582 USD Billion 4Q/19
Exports 174 USD Million | 0.174 USD Billion Jan/20
External Debt 11666 USD Million | 11.666 USD Billion 3Q/19
Foreign Exchange Reserves 2655 USD Million | 2.655 USD Billion Feb/20
Imports 305 USD Million | 0.305 USD Billion Jan/20
Terms of Trade  104 Index Points Jan/20
Tourist Arrivals 134490 Thousand Persons | 134.49 Million Persons 4Q/19


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 2Q/19
Interest Rate 5.25 % Mar/20
Money Supply M0 1171544 AMD Million | 2.335 USD Billion Dec/19
Money Supply M1 933885 AMD Million | 1.861 USD Billion Dec/19
Money Supply M2 1854611 AMD Million | 3.696 USD Billion Dec/19
Deposit Interest Rate 8.47 % Dec/19
Foreign Direct Investment 91 USD Million | 0.091 B USD 3Q/19


Labor Indicators

Indicator Data Period
Minimum Wages 68000 AMD/Month | 135.515 USD/Month 2020
Retirement Age Men 63 2018
Retirement Age Women 63 2018
Unemployment Rate 18 % 3Q/19
Wages 189925 AMD/Month | 378.494 USD/Month Feb/20
Employed Persons 370 Thousand Person | 0.37 Million Person Jan/20
Labor Force Participation Rate 60.1 % 3Q/19
Unemployed Persons 62.2 Thousand Persons | 0.062 Million Persons Jan/20
Wages in Manufacturing 185428 AMD/Monthl | 369.532 USD/Month Dec/19


Taxes



Production Indicators

Indicator Data Period
Industrial Production 16.5 % Feb/20
Mining Production 1.7 % Nov/19
Industrial Production (MoM) -42.6 % Jan/20


Business Indicators

Indicator Data Period
Business Confidence 51 index points 2Q/16
Corruption Index 42 index points 2019
Corruption Rank 77 place 2019
Ease of Doing Business 47 place 2019
Manufacturing Production 9.8 % Nov/19
Competitiveness Index 61.28 Index Points 2019
Competitiveness Rank 69 2019
Leading Economic Index  8.7 % Feb/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 42.6 index points 2Q/16
Retail Sales YoY 2.8 % Feb/20
Consumer Credit 934117 AMD Million | 1.862 USD Billion Feb/20
Consumer Spending 1662317 AMD Million | 3.313 USD Billion 4Q/19


Housing Market

Indicator Data Period
Construction Output 14.3 % Feb/20


Government Debt
dept_icon
6.995
USD Billion
#53 from 65 countries
Balance of Trade
balance_icon
-0.555
USD Billion
#97 from 173 countries


Gold Reserves
gold_reserve_icon
0
Tonnes
#111 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
2.655
USD Billion
#94 from 114 countries


Government Budget Value
balance_icon
-321.329
USD Billion
#1 from 113 countries
Inflation Rate
inflation_icon
-0.5
%
#134 from 174 countries


Interest Rate
discount_rate_icon
5.25
%
#59 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
18
%
#15 from 171 countries
Wages
salary_icon
378.494
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