| Armenia |
|
Economic forecasts - General economic indicators - Investments - Foreign trade
| Indicators | 2007 | 2008 |
| GDP (USD billion) | 7.802 | 9.148 |
| GDP (constant prices, annual % change) | 11.1 | 10 |
| GDP per capita (USD) | 2 248 | 2 577 |
| Inflation rate (consumer prices, annual % change) | 3.7 | 4.9 |
Source : IMF - World Economic Outlook Database
| Indicators | 2004 | 2005 | 2006 |
| GDP (USD billion)(1) | 3.573 | 4.9 | 6.387 |
| GDP (constants prices, annual % change)(1) | 10.5 | 14 | 13.3 |
| GPD per capita (USD)(1) | 1101.172 | 1476.853 | 1882.012 |
| Inflation (consumer prices, annual % change)(1) | 7 | 0.6 | 2.9 |
| Unemployment rate (%)(2) | |||
| External debt (USD billion)(3) | 1872.86 | 1860.686 | .. |
| Official exchange rate per USD (period average)(3) | 533.4508 | 457.687 | 416.0404 |
Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators
| GDP per activity sector | 2004 | 2005 | 2006 |
| Agriculture and fishing (%) | 24.66 | 20.52 | 19.42 |
| Industry and mining (%) | 37.95 | 44.27 | 46.53 |
| Services (%) | 37.39 | 35.21 | 34.06 |
Source : World Bank - World Development Indicators
| Foreign Direct Investments | 2004 | 2005 | 2006 | World rank (*) 2006 |
| FDI inflows (USD million) | 219 | 258 | 343 | 39/141 |
Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.
| Indicators (USD billion) | 2004 | 2005 | 2006 |
| Imports of goods | 1.20 | 1.59 | 1.92 |
| Exports of goods | 0.74 | 1.00 | 1.04 |
| Trade balance | -0.46 | -0.59 | -0.88 |
| Current account | -0.16 | -0.19 | -0.25 |
Source : World Bank - World Development Indicators
| Indicators (%) | 2004 | 2005 | 2006 |
| Share of foreign trade in GDP | 69.5 | 66.8 | 59.7 |
| Share of imports of goods and services in GDP | 42.1 | 39.9 | 36.3 |
| Share of exports of goods and services in GDP | 27.4 | 26.9 | 23.4 |
| Imports of goods and services (annual % change) | -2.9 | 11.7 | 12.5 |
| Exports of goods and services (annual % change) | -1.7 | 15.9 | 4.5 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Goods (USD billion): | 1.59 | 1.00 |
| Agricultural raw materials | 1 | 1.6 |
| Food products | 22.5 | 12.2 |
| Hydrocarbons | 16.8 | 3 |
| Manufactured products (chemicals, machines,...) | 58.9 | 62.1 |
| Ores and metals | 0.7 | 21.1 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Services (USD billion): | 0.3 | 0.2 |
| Transport | 58.7 | 30.9 |
| Tourism | 21.2 | 35.9 |
Source : World Bank - World Development Indicators
| Trade Data, by HS Code | |
| Import Statistics | Export Statistics |
Source : www.intracen.org, last available data
| Main Customers (% of exports) |
|
| Germany | 14,60% |
| Netherlands | 12,60% |
| Russia | 11,60% |
| Belgium | 10,80% |
| Israel | 10,60% |
| Main suppliers (% of imports) |
|
| Russia | 13,70% |
| Turkmenistan | 7,70% |
| Ukraine | 7,50% |
| Belgium | 5,50% |
| Iran | 5,20% |
Source : Comtrade, 2006.
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Last update : January 2008
Next update : October 2008