Armenia Economy

Published by OurEconomy.org on November 23, 2009 filed under Armenia Economy   ·   Comments (0)

In the Classification of Economies based on the region and income criteria, Armenia is regarded as a lower middle-income country that is under Europe and Central Asia. This Classification was created by the World Bank in 2005.

The territory of Armenia covers 29,800 square kilometers, as of 2004, including a forest area of 3,050.0 square kilometers, as of 2000.

The population of the country makes up 3.0 millions, as of 2004. The population growth rate amounts to -0.4 percent.

The population growth rate was on the same level in the years 2003 and 2004.

The life expectancy rate in Armenia is estimated as 71.4 years, as of 2004.

In the same year, the infant mortality rate per one thousand births made up 29.0.

As far as education issue is concerned, the rate of primary school enrollment in the year 2004 amounted to 100.9, secondary school enrollment – 91.4, and tertiary school enrollment – 26.2.

The ratio of girls in relation to boys in primary and secondary schools made up 102.8, as of 2004.

The Gross National Income of Armenia (Atlas Method) amounted to 3.2 billions in 2004. The same figure per capita in the same year equaled 1,060.0.

The Gross Domestic Product was 3.1 billions in 2004.

The GDP growth rate per year reached 7.0 percent in the year 2004.

Topics: armenia, Armenia Economy, central asia, economy, gdp growth, gdp growth rate, gross domestic product, gross national income, mortality rate, population growth, population growth rate