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Country Intelligence

Armenia

Caucasus

Comprehensive economic, trade, industry and opportunity intelligence for Armenia.

Capital Yerevan
Population 3.09M (2025)
Currency Armenian Dram (AMD)
Language Armenian
Government Parliamentary republic
Region Caucasus
Income Level Upper middle income (World Bank)

Key Economic Indicators

Latest Available Data
GDP (Nominal)$29.24B (2025)Annual data
GDP Growth (Real)7.2% (2025)Annual data
GDP Per Capita$9,474.02 (2025)Annual data
Inflation (CPI, annual)3.31% (2025)Annual data
Unemployment (modeled ILO)12.87% (2025)Annual data
Population3.09M (2025)Annual data
Source: World Bank. Annual data; each card displays its own reference year. View More Economic Data

Trade Overview (Goods)

Merchandise Exports$8.39B (2025)
Merchandise Imports$13.04B (2025)
Trade Balance-$4.64B (2025)
Source: World Bank merchandise trade. Balance uses a common year.

Top Trading Partners — Total Goods Trade

  1. 1Data unavailable —
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Source: UN Comtrade; annual goods trade
  1. 1.Mining & Metals
  2. 2.IT Services
  3. 3.Brandy & Food Processing
  4. 4.Tourism
  5. 5.Jewelry & Diamonds
View All Industries
  1. 1.Data unavailable
View All Exports
  1. 1.Data unavailable
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Market Outlook

Armenia is a upper-middle-income economy in Caucasus with nominal GDP of $29.24B (2025) and real growth of 7.2% (2025). Key sectors include Mining & Metals, IT Services and Brandy & Food Processing. Explore dated official statistics, trade flows and ATN business opportunities for Armenia.

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Investment Indicators

Latest Available Data
FDI Net Inflows$605.13M (2025)Annual data
Inward FDI StockData unavailableUNCTAD · annual observation pending refresh
Doing Business Rank (historical)Data unavailableHistorical series

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ATN Opportunities In Armenia

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Land Area 28,199.44 km² (2023)
Time Zone UTC+4
Major Ports Landlocked (via Poti, Batumi)
Major Airports Yerevan Zvartnots (EVN)
Internet Users (% population) 81.34% (2024)
Mobile Subscriptions 4.01M (2024)
Source: World Bank (land, internet, mobile). Time zone, ports and airports: ATN editorial reference. View More Country Data

Armenia On The Map

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More Country Intelligence · Caucasus

Compare Armenia with neighbouring markets.

Azerbaijan AzerbaijanGDP: $75.94B (2025) Georgia GeorgiaGDP: $38.14B (2025) Afghanistan AfghanistanGDP: $17.78B (2024) Bangladesh BangladeshGDP: $456.32B (2025) Bhutan BhutanGDP: $3.58B (2025) Brunei BruneiGDP: $15.03B (2025) Cambodia CambodiaGDP: $51.27B (2025) China ChinaGDP: $19.5T (2025) India IndiaGDP: $3.96T (2025) Indonesia IndonesiaGDP: $1.45T (2025) Japan JapanGDP: $4.44T (2025) Kazakhstan KazakhstanGDP: $306.24B (2025)
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