ARM Armenia development indicators, 2022

Indicator
Armenia
Armenia
Age dependency ratio (% of working-age population) 50.7
Agriculture, forestry, and fishing, value added (% of GDP) 10.4
Broad money (% of GDP) 52.0
Broad money growth (annual %) 16.1
Current account balance (BoP, current US$) -167,044,824
Deposit interest rate (%) 8.5
Domestic credit provided by financial sector (% of GDP) 65.0
Domestic credit to private sector (% of GDP) 52.6
Exports of goods and services (% of GDP) 47.7
Foreign direct investment, net inflows (BoP, current US$) 998,055,425
Fuel exports (% of merchandise exports) 1.8
GDP (current US$) 19,502,783,988
GDP growth (annual %) 12.6
GDP per capita (constant 2010 US$) 5,111
GDP per capita (current US$) 7,014
GDP per capita growth (annual %) 13.0
GDP per capita, PPP (current international $) 18,942
GNI per capita, Atlas method (current US$) 5,960
GNI per capita, PPP (current international $) 18,120
GNI, Atlas method (current US$) 16,558,334,170
GNI, PPP (current international $) 50,374,684,506
Gross capital formation (% of GDP) 19.4
Gross savings (% of GDP) 17.6
Imports of goods and services (% of GDP) 50.7
Industry (including construction), value added (% of GDP) 25.6
Inflation, GDP deflator (annual %) 8.1
Inflation, consumer prices (annual %) 8.6
Interest rate spread (lending rate minus deposit rate, %) 3.2
Labor force participation rate, female (% of female population ages 15+) (modeled ILO estimate) 58.1
Labor force participation rate, male (% of male population ages 15+) (modeled ILO estimate) 68.8
Labor force, female (% of total labor force) 52.8
Labor force, total 1,386,376
Lending interest rate (%) 11.7
Logistics performance index: Overall (1=low to 5=high) 2.5
Merchandise exports (current US$) 5,360,000,000
Merchandise imports (current US$) 8,769,000,000
Merchandise trade (% of GDP) 72.4
Official exchange rate (LCU per US$, period average) 436
Ores and metals exports (% of merchandise exports) 22.1
PPP conversion factor, GDP (LCU per international $) 161
Personal remittances, received (current US$) 2,034,782,390
Population ages 0-14 (% of total population) 20.5
Population ages 15-64 (% of total population) 66.4
Population ages 65 and above (% of total population) 13.1
Population growth (annual %) -0.4
Population in urban agglomerations of more than 1 million (% of total population) 39.3
Population, female (% of total population) 55.0
Population, total 2,780,469
Price level ratio of PPP conversion factor (GDP) to market exchange rate 0.4
Proportion of seats held by women in national parliaments (%) 35.5
Real interest rate (%) 3.4
Refugee population by country or territory of asylum 34,634
Refugee population by country or territory of origin 14,844
Risk premium on lending (lending rate minus treasury bill rate, %) 1.1
Rural population 1,012,841
Rural population (% of total population) 36.4
Terrestrial and marine protected areas (% of total territorial area) 24.7
Total reserves (includes gold, current US$) 4,111,690,218
Unemployment, female (% of female labor force) (modeled ILO estimate) 10.6
Unemployment, male (% of male labor force) (modeled ILO estimate) 14.8
Unemployment, total (% of total labor force) (modeled ILO estimate) 12.6
Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) 23.3
Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) 25.6
Urban population 1,767,628
Urban population (% of total population) 63.6