Armenia FlagArmenia

One Nation, One Culture



Population: 3,060,631 (2014), 2,974,184 (2013)
Land Area: 29,800 sq km
Natural Resources: Gold, copper, molybdenum, zinc, bauxite
Capital: Yerevan
Political System: Republic
State Leader: Serzh Sargsyan (2008)
Head of Government: Hovik Abrahamyan (2014)
Languages: Armenian, Yezidi, Russian
Currency: Dram (AMD)
Major Religions: Armenian Apostolic 94.7%, Other Christian 4%, Yezidi 1.3%
Major Ethnicities: Armenian 97.9%, Yezidi 1%, Russian 0.9%, Other 0.4%
Life Expectancy: 74.12 years (2014), 73.75 years (2013)


GDP Official Exchange Rate: 10.44 billion (2013), 10.55 billion (2012)
GDP Purchasing Power Parity: 20.61 billion (2013), 18.95 billion (2012)
GDP Per Capita (PPP): 6,300 (2013), 5,600 (2012)
GDP Growth Rate: 4.6% (2013), 3.8% (2012)
GDP Structure: Agriculture 20.6%, Industry 37.3%, Services 42.1% (2013)
Labour Force By Occupation: Agriculture 44.2%, Industry 16.8%, Services 39% (2008)
Industries: Diamond processing, metal-cutting machine tools, forging-pressing machines, electric motors, tires, knitted wear, hosiery, shoes, silk fabric, chemicals, trucks, instruments, microelectronics, jewellery manufacturing, software development, food processing, brandy
Agriculture Products: Fruit, vegetables; livestock
Human Development Index: 0.730 (87th)(2014), 0.729 (87th)(2013)
Tourism Revenue: 103 million (2004)
Unemployment Rate: 17.3% (2012)

MilitaryArmenia Map

Army Size: 48 160 (2004)
Budget: 6.5% of GDP (2001)

Current Situation


Armenia is located in the southern Caucasus, Armenia is bordered by Turkey, Georgia, Azerbaijan and Iran. Armenia is part of over 40 international organizations. Armenian forces participated in the KFOR mission in Kosovo in 2004. Armenia is an emerging democracy that lies in the sphere of influence of Russia and also the Western world. Armenia's economy relies on investments and aid from Armenians abroad. Armenia was definitely negatively affected by the world recession with a growth rate of -15% in 2009, because of this we could consider Armenia's economy to be extremely fragile. (2013) Armenia's economy has returned to growth but with very few trading partners (Russia, Georgia and Iran) its growth potential remains limited.

Thoughts & Comments



CIA World Factbook: Armenia
Wikipedia: Armenia

Updated on: July 19th, 2014