🇦🇲 Armenia
AM / ARM #138
Nomad Score
60.0
Cities
12
Region
Caucasus,
Asia,
Asia,
Western Asia,
Eurasian Economic Union
Currency
AMD
📊 KEY INDICATORS
GDP per capita (PPP) (2030)
$34,464
GDP (2030)
$38.4B
GDP Growth (2030)
4.5%
→
Inflation (2030)
3.0%
↑
Unemployment (2030)
12.5%
↓
Population (2030)
3.1M
Pop. Growth (2030)
-0.4%
↓
Gini Index (2023)
27.2
Govt Debt (2030)
53.1% of GDP
Current Account (2030)
-4.3% of GDP
FDI Inflows (2024)
$131.6M
Life Expectancy (2023)
77.5 yrs
Health Spending (2023)
9.3% of GDP
Internet Users (2023)
80.0%
Mobile Subs (2023)
134.5/100
Trade Openness (2024)
150.1% of GDP
Exchange Rate (2024)
392.73/USD
Foreign Reserves (2024)
$3.7B
💰 GDP OVERVIEW
👤 GDP PER CAPITA (PPP)
📉 INFLATION (CPI)
👷 UNEMPLOYMENT
👥 POPULATION
🏛 FISCAL & TRADE
Govt Debt (2030)
53.1% of GDP
Current Account (2030)
-4.3% of GDP
FDI Inflows (2024)
$131.6M
⚖️ INCOME INEQUALITY (GINI)
Gini Index (2023)
0.27
Assessment
Low inequality
🏢 BUSINESS ENVIRONMENT
New Business Density (2022)
6.35/1k
Tax Revenue (2024)
22.4% of GDP
Services Sector (2024)
62.0% of GDP
🏧 FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
74.6
Bank Branches per 100k (2023)
24.7
ICT Service Exports (2024)
20.2%
Goods & Services Tax (2024)
13.9%
📋 HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $38.4B | $34,464 | 4.5% | 3.0% | 12.5% | 3.1M | - | 53.1% | -4.3% | - | - | - | - | - |
| 2029 * | $35.9B | $32,134 | 4.5% | 2.9% | 12.7% | 3.1M | - | 53.9% | -4.4% | - | - | - | - | - |
| 2028 * | $33.7B | $30,007 | 4.8% | 3.2% | 12.9% | 3.1M | - | 53.9% | -4.4% | - | - | - | - | - |
| 2027 * | $31.5B | $27,928 | 5.5% | 2.9% | 13.1% | 3.1M | - | 53.7% | -4.5% | - | - | - | - | - |
| 2026 * | $29.1B | $25,738 | 4.9% | 2.8% | 13.3% | 3.1M | - | 54.1% | -4.7% | - | - | - | - | - |
| 2025 | $27.9B | $24,576 | 4.8% | 3.3% | 13.5% | 3.1M | - | 53.4% | -4.7% | - | - | - | - | - |
| 2024 | $26.0B | $22,823 | 5.9% | 0.4% | 13.9% | 3.1M | - | 50.0% | -4.6% | $131.6M | - | - | - | 392.73 |
| 2023 | $24.2B | $21,534 | 8.3% | 2.0% | 12.4% | 3.0M | 27.2 | 50.4% | -2.8% | $580.4M | 77.5 | 9.3% | 80.0% | 392.48 |
| 2022 | $19.5B | $19,161 | 12.6% | 8.8% | 13.5% | 3.0M | 27.9 | 49.3% | 0.7% | $975.7M | 74.8 | 10.0% | 77.0% | 435.67 |
| 2021 | $13.9B | $15,922 | 5.8% | 7.5% | 15.5% | 3.0M | 27.9 | 63.6% | -3.4% | $366.4M | 72.3 | 12.3% | 78.6% | 503.77 |
| 2020 | $12.6B | $14,706 | -7.1% | 1.5% | 18.2% | 3.0M | 25.1 | 67.3% | -4.0% | $58.6M | 73.4 | 12.2% | 76.5% | 489.01 |
| 2019 | $13.6B | $14,976 | 7.6% | 1.5% | 18.3% | 3.0M | 30.0 | 54.2% | -7.1% | $100.3M | 76.2 | 11.4% | 66.5% | 480.45 |
| 2018 | $12.5B | $12,877 | 5.2% | 2.5% | 19.0% | 3.0M | 34.4 | 56.1% | -7.2% | $266.9M | 75.6 | 10.0% | 68.3% | 482.99 |
| 2017 | $11.5B | $12,066 | 7.5% | 0.9% | 17.8% | 3.0M | 33.6 | 58.1% | -1.3% | $252.7M | 75.2 | 10.4% | 64.7% | 482.72 |
| 2016 | $10.5B | $10,570 | 0.2% | -1.4% | 18.0% | 3.0M | 32.5 | 56.5% | -1.0% | $333.8M | 74.9 | 10.0% | 64.4% | 480.49 |
| 2015 | $10.6B | $9,757 | 3.3% | 3.7% | 18.5% | 3.0M | 32.4 | 48.3% | -2.7% | $184.1M | 74.9 | 10.1% | 59.1% | 477.92 |
| 2014 | $11.6B | $9,736 | 3.6% | 3.0% | 17.6% | 3.0M | 31.5 | 43.6% | -7.8% | $406.6M | 74.9 | 10.2% | 54.6% | 415.92 |
| 2013 | $11.1B | $9,455 | 3.4% | 5.7% | 16.2% | 3.0M | 30.6 | 41.6% | -7.3% | $346.1M | 74.6 | 10.3% | 41.9% | 409.63 |
| 2012 | $10.6B | $8,943 | 7.1% | 2.5% | 17.3% | 3.0M | 29.6 | 41.2% | -10.0% | $496.6M | 74.1 | 9.1% | 37.5% | 401.76 |
| 2011 | $10.1B | $7,624 | 4.7% | 7.5% | 18.4% | 3.0M | 29.4 | 42.0% | -10.4% | $653.2M | 73.8 | 9.4% | 32.0% | 372.50 |
| 2010 | $9.3B | $7,095 | 2.2% | 8.2% | 19.0% | 3.0M | 30.0 | 39.7% | -13.6% | $529.3M | 73.2 | 9.2% | 25.0% | 373.66 |
| 2009 | $8.6B | $6,812 | -14.1% | 3.5% | 18.7% | 3.0M | 28.0 | 40.2% | -16.5% | $760.0M | 73.1 | 8.4% | 15.3% | 363.28 |
| 2008 | $11.7B | $7,827 | 6.9% | 9.1% | 16.4% | 3.1M | 29.2 | 16.1% | -14.2% | $943.7M | 73.1 | 6.6% | 6.2% | 305.97 |
| 2007 | $9.2B | $7,137 | 13.7% | 4.4% | 28.7% | 3.1M | 31.2 | 16.1% | -7.4% | $667.7M | 72.9 | 5.5% | 6.0% | 342.08 |
| 2006 | $6.4B | $6,073 | 13.2% | 2.9% | 27.8% | 3.1M | 29.7 | 18.7% | -2.4% | $466.5M | 72.8 | 5.9% | 5.6% | 416.04 |
| 2005 | $4.9B | $5,172 | 13.8% | 0.6% | 31.2% | 3.1M | 36.0 | 24.4% | -2.5% | $292.1M | 73.1 | 5.9% | 5.3% | 457.69 |
🧭 CONTINUE EXPLORING ARMENIA