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  3. Armenia

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 13.67 USD Billion 2019
GDP Annual Growth Rate -9.1 % 3Q/20
GDP per capita 4732 USD 2019
Inflation Rate YoY 3.7 % Dec/20
Interest Rate 5.25 % Dec/20
Unemployment Rate 17.5 % 2Q/20
Wages 183637 AMD/Month | 354.193 USD/Month Nov/20
Balance of Trade -197 USD Million | -0.197 B USD Nov/20
Current Account -70 USD Million | -0.07 B USD 3Q/20
Foreign Exchange Reserves 2605 USD Million | 2.605 B USD Dec/20
Government Debt 3826 AMD Billion | 7.379 B USD 3Q/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 -9.1 % 3Q/20
GDP per capita 4732 USD 2019
GDP Constant Prices 1744942 AMD Million | 3.366 B USD 3Q/20
GDP per capita PPP 13654 USD 2019
GDP From Agriculture  326886 AMD Million | 0.63 B USD 3Q/20
GDP From Construction  110066 AMD Million | 0.212 B USD 3Q/20
GDP From Manufacturing  198471 AMD Million | 0.383 B USD 3Q/20
GDP From Mining  55732 AMD Million | 0.107 B USD 3Q/20
GDP From Public Administration  73426 AMD Million | 0.142 B USD 3Q/20
GDP From Services  21648 AMD Million | 0.042 B USD 3Q/20
GDP From Transport  38220 AMD Million | 0.074 B USD 3Q/20
GDP From Utilities  5734 AMD Million | 0.011 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 45.6 % 2019
Government Budget Value -102990 AMD Billion | -198.644 USD Billion 3Q/20
Government Spending 227904 AMD Million | 0.44 USD Billion 3Q/20
Government Debt 3826 AMD Billion | 7.379 USD Billion 3Q/20
Government Revenues 370633 AMD Billion | 714.865 USD Billion 3Q/20
Fiscal Expenditure  473623 AMD Million | 0.914 B USD 3Q/20
Government Budget to GDP -1 % 2019
Military Expenditure 591 USD Million | 0.591 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 135 index points Dec/20
Export Prices 97 index points Oct/20
Food Inflation 4.9 % Dec/20
Import Prices 96.9 index points Oct/20
Inflation Rate YoY 3.7 % Dec/20
Producer Prices 110 index points Nov/20
Inflation Rate Mom 3.4 % Dec/20
Core Consumer Prices 100 Index Points Nov/20
Core Inflation Rate 2 % Nov/20
Producer Prices Change  4.5 % Nov/20


Trade Indicators

Indicator Data Period
Current Account to GDP -9.7 % 2019
Balance of Trade -197 USD Million | -0.197 USD Billion Nov/20
Capital Flows -234 USD Million | -0.234 USD Billion 3Q/20
Current Account -70 USD Million | -0.07 USD Billion 3Q/20
Exports 224 USD Million | 0.224 USD Billion Oct/20
External Debt 12658 USD Million | 12.658 USD Billion 3Q/20
Foreign Exchange Reserves 2605 USD Million | 2.605 USD Billion Dec/20
Imports 409 USD Million | 0.409 USD Billion Oct/20
Terms of Trade  100 Index Points Oct/20
Tourist Arrivals 70603 Thousand Persons | 70.603 Million Persons 1Q/20


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 3Q/20
Interest Rate 5.25 % Dec/20
Money Supply M0 1284864 AMD Million | 2.478 USD Billion Oct/20
Money Supply M1 1076655 AMD Million | 2.077 USD Billion Oct/20
Money Supply M2 2063614 AMD Million | 3.98 USD Billion Oct/20
Deposit Interest Rate 8 % Nov/20
Foreign Direct Investment -12.9 USD Million | -0.013 B USD 3Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 68000 AMD/Month | 131.156 USD/Month 2020
Retirement Age Men 63 2019
Retirement Age Women 63 2019
Unemployment Rate 17.5 % 2Q/20
Wages 183637 AMD/Month | 354.193 USD/Month Nov/20
Employed Persons 905 Thousand Person | 0.905 Million Person Oct/20
Labor Force Participation Rate 57.6 % 2Q/20
Unemployed Persons 60.7 Thousand Persons | 0.061 Million Persons Oct/20
Wages in Manufacturing 172042 AMD/Monthl | 331.829 USD/Month Sep/20


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 -6.1 % Nov/20
Mining Production -13.8 % Oct/20
Industrial Production (MoM) 3.2 % Oct/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 9.2 % Oct/20
Competitiveness Index 61.28 Index Points 2019
Competitiveness Rank 69 2019
Leading Economic Index  -10.3 % Nov/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 42.6 index points 2Q/16
Retail Sales YoY -22 % Nov/20
Consumer Credit 936727 AMD Million | 1.807 USD Billion Nov/20
Consumer Spending 1325922 AMD Million | 2.557 USD Billion 3Q/20


Housing Market

Indicator Data Period
Construction Output 2 % Nov/20


Government Debt
dept_icon
7.379
USD Billion
#53 from 65 countries
Balance of Trade
balance_icon
-0.197
USD Billion
#97 from 173 countries


Gold Reserves
gold_reserve_icon
0
Tonnes
#111 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
2.605
USD Billion
#94 from 114 countries


Government Budget Value
balance_icon
-198.644
USD Billion
#1 from 113 countries
Inflation Rate
inflation_icon
3.7
%
#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
17.5
%
#15 from 171 countries
Wages
salary_icon
354.193
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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