Armenia
Armenia: GDP 22.8K intl$ per capita, population 3.0M, inflation 0.3%. Compare economy, demographics and cost of living with other countries.
Location
Key Facts
Geography and Government
- Area
- 29,743 km²
- Capital
- Yerevan
- ISO 2
- AM
- ISO 3
- ARM
- Calling code
- +374
- Internet TLD
- .am
- Government type
- parliamentary democracy; note - constitutional changes adopted in December 2015 transformed the government to a parliamentary system
Age Structure
Languages
| Language | Type | Share | Speakers |
|---|---|---|---|
| Armenian (HYE) | Official | - | - |
Religions
| Religion | Type | Share | Adherents |
|---|---|---|---|
| Armenian Apostolic | Major | 95.2% | - |
| Not Stated | Minor | 1.7% | - |
| Less Than | Minor | 1.0% | - |
Population & Demographics
Basic Demographics
Health Indicators
Education
Economy Snapshot
Key Economic Indicators
Macroeconomic Indicators
Trade & External Sector
Other Indicators
Cost of Living
Explore More
Armenia: country data and statistics
Armenia: key facts and economy
Snapshot
- Inflation (YoY): 0.26951197825908%
- Unemployment: 13.329%
- Average income (GNI pc): 7780.0 USD
Overview
Short overview will be generated here based on official statistics.
Frequently Asked Questions
What is the average income in Armenia?
According to our data, the average income in Armenia is approximately $7,810 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.
What is the inflation rate in Armenia in 2024?
The inflation rate in Armenia is 0.3% as of 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.
How does Armenia compare to other countries in Europe and Central Asia?
Armenia is located in Europe and Central Asia and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Armenia compares to neighboring and regional countries.
Armenia is located in Europe and Central Asia, Europe and Central Asia (excluding high income). Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.
Our comprehensive database provides real-time insights into Armenia's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Armenia's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.
Sources and References
Data sources: World Bank, IMF, UN Data, Transparency International.
All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.
Codes and Abbreviations
- ISO 2
- AM
- ISO 3
- ARM
- IOC code
- ARM
- Vehicle code
- AM
- Latitude
- 40.16
- Longitude
- 44.51