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Home >> World Economy>> Armenia Economy

Armenia Economy

Economic Indicators Economic Structure Of Armenia Export & Import Insurance Mortgage Stock
 

Armenia is a lower middle-income country comes under the Europe and Central Asian region, according to the classification made by the World Bank on the basis of Region and Income for the year 2005.


The country has a total surface area of 29,800 square kilometer as of the year 2004 with a forest area of 3,050.0 square kilometer as in 2000.

Economic Indicators:

The key economic indicators of the economy are as follows:

Economy 2000 2003 2004
GNI, Atlas method (current US$) 2.0 billion 2.9 billion 3.2 billion
GNI per capita, Atlas method (current US$) 660.0 960.0 1,060.0
GDP (current US$) 1.9 billion 2.8 billion 3.1 billion
GDP growth (annual %) 6.0 13.9 7.0
Inflation, GDP deflator (annual %) -1.5 4.7 0.6


Social Indicators:

The social and economic indicators of the economy are as follows:

People

Population, total 3.1 million 3.0 million 3.0 million
Population growth (annual %) -0.6 -0.4 -0.4
Life expectancy at birth, total (years) 70.8 71.3 71.4
Fertility rate, total (births per woman) 1.7 1.3 1.3
Mortality rate, infant (per 1,000 live births) 33.0 .. 29.0
Mortality rate, under-5 (per 1,000) 37.0 .. 32.2
Immunization, measles (% of children ages 12-23 months) 92.0 94.0 92.0
School enrollment, primary (% gross) 91.8 87.6 100.9
School enrollment, secondary (% gross) 86.3 82.8 91.4
School enrollment, tertiary (% gross) 23.6 25.0 26.2
Ratio of girls to boys in primary and secondary education (%) 98.4 102.1 102.8