Economy of Armenia - Background

Background

GDP(pp.): $18.17 billion (2011)

country comparison to the world: 133

GDP $: $10.11 billion (2011)

GDP - real growth rate: 4.4% (2011)

country comparison to the world: 84

GDP(per capita): $5,500 (2011)

GDP by sector Agriculture: 19.1% Industry: 40.5% Services: 40.3%

Unemployment: 5.9% (2011)

country comparison to the world: 60

Labour Force: 1.194 million (2011)

country comparison to the world: 138

Labour Force - by occupation:

agriculture: 44.2%
industry: 16.8%
services: 39% (2008)

Population below poverty line:

35.8% (2008 est.)

Inflation: 7.7%

Household income or consumption by percentage share:
lowest 10%: 3.7%
highest 10%: 25.4% (2008)

Distribution of family income - Gini index:

30.9 (2008)

Investment (gross fixed):

35.4% of GDP (2011)
country comparison to the world: 8

Central bank discount rate:

8% (2011)
country comparison to the world: 40

Stock of money:

$1.507 billion (2007)
country comparison to the world: 106

Read more about this topic:  Economy Of Armenia

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