WESTERN ASIA

Armenia

Yerevan · pop. 3M · Armenian · Armenian dram · landlocked

Trajectories

economic complexity

#46

A major climb in export sophistication, from #71 in 1995.

2024 · 0.59

Harvard Growth Lab · thin line is the world’s median

the numbers30

when	value	change
1995	0.09
1996	0.90	+0.80 pts
1997high	1.06	+0.17 pts
1998	0.78	−0.29 pts
1999	0.63	−0.15 pts
2000	0.68	+0.05 pts
2001	0.64	−0.05 pts
2002	0.55	−0.08 pts
2003	0.45	−0.10 pts
2004	0.48	+0.02 pts
2005	0.33	−0.15 pts
2006	0.26	−0.07 pts
2007	0.72	+0.46 pts
2008	0.36	−0.36 pts
2009	0.32	−0.04 pts
2010	0.24	−0.08 pts
2011	0.60	+0.36 pts
2012	0.52	−0.08 pts
2013	−0.02	−0.55 pts
2014	−0.02	0 pts
2015	0.08	+0.10 pts
2016low	−0.18	−0.26 pts
2017	−0.13	+0.05 pts
2018	0.05	+0.19 pts
2019	0.10	+0.05 pts
2020	0.07	−0.03 pts
2021	0.11	+0.03 pts
2022	0.67	+0.56 pts
2023	0.73	+0.07 pts
2024latest	0.59	−0.14 pts

economic momentum

$8,556

Quadrupled since 2000. GDP per head in 2024, in current US dollars.

2024 · $8,556

World Bank · thin line is the world’s median

the numbers35

when	value	change
1990	$635
1991	$573	−9.9%
1992	$356	−37.8%
1993low	$348	−2.4%
1994	$391	+12.4%
1995	$444	+13.6%
1996	$487	+9.7%
1997	$505	+3.7%
1998	$590	+16.9%
1999	$583	−1.3%
2000	$593	+1.9%
2001	$660	+11.1%
2002	$743	+12.6%
2003	$882	+18.8%
2004	$1,130	+28.1%
2005	$1,557	+37.8%
2006	$2,042	+31.1%
2007	$2,963	+45.1%
2008	$3,778	+27.5%
2009	$2,821	−25.3%
2010	$3,041	+7.8%
2011	$3,350	+10.1%
2012	$3,512	+4.8%
2013	$3,680	+4.8%
2014	$3,852	+4.7%
2015	$3,512	−8.8%
2016	$3,524	+0.3%
2017	$3,869	+9.8%
2018	$4,196	+8.5%
2019	$4,597	+9.6%
2020	$4,269	−7.1%
2021	$4,685	+9.8%
2022	$6,572	+40.3%
2023	$8,159	+24.1%
2024latest	$8,556	+4.9%

prices

0.3%

A year’s rise in consumer prices, in 2024. The world’s median was 3.1%.

2024 · 0.3%

World Bank · thin line is the world’s median

the numbers31

when	value	change
1994high	3,374%
1995	176%	−3198 pts
1996	18.7%	−157 pts
1997	14.0%	−4.72 pts
1998	8.7%	−5.29 pts
1999	0.6%	−8.02 pts
2000	−0.8%	−1.44 pts
2001	3.1%	+3.94 pts
2002	1.1%	−2.09 pts
2003	4.7%	+3.66 pts
2004	7.0%	+2.24 pts
2005	0.6%	−6.32 pts
2006	2.9%	+2.25 pts
2007	4.4%	+1.52 pts
2008	8.9%	+4.54 pts
2009	3.4%	−5.54 pts
2010	8.2%	+4.77 pts
2011	7.7%	−0.53 pts
2012	2.6%	−5.09 pts
2013	5.8%	+3.23 pts
2014	3.0%	−2.81 pts
2015	3.7%	+0.75 pts
2016low	−1.4%	−5.14 pts
2017	1.0%	+2.37 pts
2018	2.5%	+1.55 pts
2019	1.4%	−1.08 pts
2020	1.2%	−0.23 pts
2021	7.2%	+5.97 pts
2022	8.6%	+1.46 pts
2023	2.0%	−6.66 pts
2024latest	0.3%	−1.71 pts

demographic curve

1.7 children per woman

Below replacement: shrinking in the long run unless migration offsets it.

2024 · 1.7

World Bank · thin line is the world’s median · rule marks replacement (2.1)

the numbers65

when	value	change
1960high	4.8
1961	4.7	−2.4%
1962	4.5	−3.2%
1963	4.3	−3.9%
1964	4.2	−4.5%
1965	4.0	−3.9%
1966	3.8	−4.0%
1967	3.7	−2.6%
1968	3.6	−2.9%
1969	3.5	−3.7%
1970	3.3	−4.6%
1971	3.3	−1.3%
1972	3.2	−2.7%
1973	3.1	−3.7%
1974	3.0	−3.1%
1975	2.9	−2.1%
1976	2.8	−2.6%
1977	2.7	−3.7%
1978	2.6	−4.5%
1979	2.5	−3.3%
1980	2.5	−2.0%
1981	2.5	0.0%
1982	2.5	+0.9%
1983	2.6	+2.2%
1984	2.6	+1.8%
1985	2.6	+1.6%
1986	2.7	+0.7%
1987	2.7	+0.1%
1988	2.7	+0.4%
1989	2.7	+1.1%
1990	2.7	+0.1%
1991	2.6	−2.4%
1992	2.5	−5.4%
1993	2.3	−8.5%
1994	2.1	−8.8%
1995	2.1	−0.8%
1996	2.1	−0.3%
1997	1.9	−7.8%
1998	1.8	−4.7%
1999	1.5	−15.2%
2000	1.3	−15.3%
2001low	1.2	−7.7%
2002	1.2	0.0%
2003	1.3	+8.3%
2004	1.4	+7.7%
2005	1.3	−7.1%
2006	1.3	0.0%
2007	1.4	+7.7%
2008	1.4	0.0%
2009	1.5	+7.1%
2010	1.5	0.0%
2011	1.5	0.0%
2012	1.6	+6.7%
2013	1.6	0.0%
2014	1.7	+6.2%
2015	1.6	−5.9%
2016	1.6	0.0%
2017	1.6	0.0%
2018	1.6	0.0%
2019	1.6	0.0%
2020	1.7	+6.2%
2021	1.7	0.0%
2022	1.7	0.0%
2023	1.9	+11.8%
2024latest	1.7	−10.5%

Metrics

population

3M

133 of 176

REST Countries · UN data
gdp

$24B

113 of 170

World Bank · latest available
gdp per capita

$8,159

73 of 170

World Bank · latest available
military spending

$1B

68 of 151

SIPRI via World Bank
military % of gdp

5.5%

5 of 148

SIPRI via World Bank
area

30K km²

142 of 176

REST Countries
population density

100 /km²

64 of 176

zuhd — derived from population and area
life expectancy

77.5 yr

57 of 175

World Bank · latest available
internet access

80%

86 of 166

ITU via World Bank
co₂ per capita

2.5 t

86 of 163

World Bank · Climate Watch
urbanisation

66%

75 of 168

World Bank · UN DESA
fertility rate

1.7

100 of 168

World Bank · UN DESA
foreign-born share

9.2%

52 of 167

World Bank · UN DESA
remittances % of gdp

4.9%

48 of 155

World Bank · IMF BOP
r&d % of gdp

0.3%

73 of 123

UNESCO UIS via World Bank
researchers per million

942

55 of 118

UNESCO UIS via World Bank
scientific articles / yr

655

90 of 168

NSF / World Bank
high-tech exports %

24%

16 of 153

World Bank · UN Comtrade
gini inequality

27.4

14 of 139

World Bank · PovcalNet
youth unemployment

26%

145 of 166

ILO via World Bank
adult literacy

100%

1 of 109

UNESCO UIS via World Bank
democracy (v-dem)

0.37

77 of 163

V-Dem via Our World in Data
clean government

47

53 of 164

Transparency International via Our World in Data
press freedom

28.8

54 of 163

RSF via Our World in Data
human development

0.811

59 of 164

UNDP via Our World in Data
refugees hosted

144K

42 of 150

UNHCR via Our World in Data
refugees produced

16K

47 of 152

UNHCR via Our World in Data