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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 12.65 USD Billion 2020
GDP Annual Growth Rate -3.3 % 1Q/21
GDP per capita 4364 USD 2020
Inflation Rate YoY 6.5 % Jun/21
Interest Rate 6.5 % Jun/21
Unemployment Rate 17 % 1Q/21
Wages 197298 AMD/Month | 397.211 USD/Month May/21
Balance of Trade -160 USD Million | -0.16 B USD May/21
Current Account -82.35 USD Million | -0.082 B USD 1Q/21
Foreign Exchange Reserves 2952 USD Million | 2.952 B USD Apr/21
Government Debt 4329 AMD Billion | 8.715 B USD 1Q/21


GDP
vvp
12.65
USD Billion
#135 from 174 countries
GDP per capita
vvp
4364
USD
#99 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 12.65 USD Billion 2020
GDP Annual Growth Rate -3.3 % 1Q/21
GDP per capita 4364 USD 2020
GDP Constant Prices 1284086 AMD Million | 2.585 B USD 1Q/21
GDP per capita PPP 12593 USD 2020
GDP From Agriculture  56351 AMD Million | 0.113 B USD 1Q/21
GDP From Construction  46599 AMD Million | 0.094 B USD 1Q/21
GDP From Manufacturing  128061 AMD Million | 0.258 B USD 1Q/21
GDP From Mining  58131 AMD Million | 0.117 B USD 1Q/21
GDP From Public Administration  69755 AMD Million | 0.14 B USD 1Q/21
GDP From Services  18335 AMD Million | 0.037 B USD 1Q/21
GDP From Transport  26504 AMD Million | 0.053 B USD 1Q/21
GDP From Utilities  6082 AMD Million | 0.012 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 45.6 % 2019
Government Budget Value -50626 AMD Billion | -101.923 USD Billion 1Q/21
Government Spending 188026 AMD Million | 0.379 USD Billion 1Q/21
Government Debt 4329 AMD Billion | 8.715 USD Billion 1Q/21
Government Revenues 362088 AMD Billion | 728.974 USD Billion 1Q/21
Fiscal Expenditure  412714 AMD Million | 0.831 B USD 1Q/21
Government Budget to GDP -1 % 2019
Military Expenditure 635 USD Million | 0.635 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 140 index points Jun/21
Export Prices 107 index points May/21
Food Inflation 7.5 % May/21
Import Prices 102 index points May/21
Inflation Rate YoY 6.5 % Jun/21
Producer Prices 101 index points May/21
Inflation Rate Mom -0.8 % Jun/21
Core Consumer Prices 100 Index Points May/21
Core Inflation Rate 7.4 % May/21
Producer Prices Change  12.5 % May/21


Trade Indicators

Indicator Data Period
Current Account to GDP -7.2 % 2019
Balance of Trade -160 USD Million | -0.16 USD Billion May/21
Capital Flows 27.6 USD Million | 0.028 USD Billion 4Q/20
Current Account -82.35 USD Million | -0.082 USD Billion 1Q/21
Exports 243 USD Million | 0.243 USD Billion Apr/21
External Debt 13092 USD Million | 13.092 USD Billion 1Q/21
Foreign Exchange Reserves 2952 USD Million | 2.952 USD Billion Apr/21
Imports 414 USD Million | 0.414 USD Billion Apr/21
Terms of Trade  105 Index Points May/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 6.5 % Jun/21
Money Supply M0 1658396 AMD Million | 3.339 USD Billion May/21
Money Supply M1 1199025 AMD Million | 2.414 USD Billion May/21
Money Supply M2 2171939 AMD Million | 4.373 USD Billion May/21
Deposit Interest Rate 8.02 % Jun/21
Foreign Direct Investment -2.7 USD Million | -0.003 B USD 4Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 68000 AMD/Month | 136.901 USD/Month 2020
Retirement Age Men 63 2020
Retirement Age Women 63 2020
Unemployment Rate 17 % 1Q/21
Wages 197298 AMD/Month | 397.211 USD/Month May/21
Employed Persons 779 Thousand Person | 0.779 Million Person May/21
Labor Force Participation Rate 56.2 % 1Q/21
Unemployed Persons 62 Thousand Persons | 0.062 Million Persons May/21
Wages in Manufacturing 173287 AMD/Monthl | 348.87 USD/Month May/21


Taxes



Production Indicators

Indicator Data Period
Industrial Production 7.9 % May/21
Mining Production 19.1 % Mar/21
Industrial Production (MoM) 2.1 % Apr/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 -4.2 % Mar/21
Competitiveness Index 61.28 Index Points 2019
Competitiveness Rank 69 2019
Leading Economic Index  10.9 % May/21


Consumer Indicators

Indicator Data Period
Consumer Confidence 42.6 index points 2Q/16
Retail Sales YoY 17.6 % May/21
Consumer Credit 893515 AMD Million | 1.799 USD Billion May/21
Consumer Spending 1063538 AMD Million | 2.141 USD Billion 1Q/21


Housing Market

Indicator Data Period
Construction Output 0.5 % May/21


Government Debt
dept_icon
8.715
USD Billion
#53 from 65 countries
Balance of Trade
balance_icon
-0.16
USD Billion
#97 from 173 countries


Gold Reserves
gold_reserve_icon
0
Tonnes
#111 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
2.952
USD Billion
#94 from 114 countries


Government Budget Value
balance_icon
-101.923
USD Billion
#1 from 113 countries
Inflation Rate
inflation_icon
6.5
%
#134 from 174 countries


Interest Rate
discount_rate_icon
6.5
%
#59 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
17
%
#15 from 171 countries
Wages
salary_icon
397.211
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