Armenia World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Armenia	Rank
GDP	$12.4B	136
GDP growth, 1 year	5%	42
GDP growth, 5-years average	3.9%	56
Population	2.9M	136
GDP per capita	$4.2k	115
GDP per capita growth	4.95%	22
Purchasing Power Parity conversion factor	196.69	41
Price level ratio of PPP conversion factor GDP to market exchange rate	0.41	120
GDP per capita, PPP adjusted	$10k	114
GNI, Atlas method	$12.5B	131
GNI per capita	$4.2k	110
GNI, PPP adjusted	$30.9B	127
GNI per capita, PPP adjusted	$10k	108

Financial system and Human development

Stat	Armenia	Rank
Income Tax Rate	26%	74
Corporate Tax Rate	20%	53
Inflation, consumer prices	2.5%	96
Inflation, GDP deflator	2.6%	92
Unemployment	17.7%	181
Economic Freedom Index	70.6	39
Personal Freedom Index	7.21	88
Human Freedom Index	7.42	58
Property Rights Index	60.7	71
Judical Effectiveness Index	54.1	50
Business Freedom Index	81	23
Fiscal Health Index	68.8	110
Labor Freedom Index	72.5	31
Investment Freedom Index	75	44
Financial Freedom Index	70	31
Trade Freedom Index	80.6	66
Monetary Freedom Index	76	103
Government Spending Index	80.6	54
Tax Burden Index	84.9	52
Government Integrity Index	43.4	77
Corruption Perceptions Index	35	124
Life expectancy at birth, years	74.8	86
Suicide mortality rate, per 100,000 people	6.6	86
Mortality caused by road traffic injury, per 100,000 people	17.1	113
Intentional homicides, per 100,000 people	2.4	86
International tourism, number of arrivals	1.7M	96

Government debt & reserves

Stat	Armenia	Rank
Central government debt, % of GDP	48.5%	101
External debt stocks, % of GNI	87.5%	18
External debt stocks	$11B	62
Short-term debt, % of total reserves	50.2%	30
Total debt service, % of exports and primary income	29.9%	16
Adjusted net savings including particulate emission damage, % of GNI	1.5%	117
Gross savings, % of GDP	13.6%	137
Gross capital formation, % of GDP	22.4%	106
Total reserves including gold	$2.3B	112
Foreign direct investment net inflows	$254.1M	126

Exports, imports and economic structure

Stat	Armenia	Rank
Exports of goods and services, % of GDP	37.8%	88
Imports of goods and services, % of GDP	53.5%	63
Current account balance (balance of payments)	-$1.2B	115
Revenue excluding grants, % of GDP	22.5%	90
Grants excluding technical cooperation, BoP	$111.9M	101
Personal remittances received	$1.5B	71
Industry including construction value added, % of GDP	25%	99
Agriculture, forestry and fishing value added, % of GDP	13.7%	55
Charges for the use of intellectual property, payments BoP	N/A	-
Charges for the use of intellectual property, receipts BoP	N/A	-
Expense, % of GDP	22.1%	91
Government Expenditure, % of GDP	25.4%	125