Armenia

Updated to: 2024-06-19
Barometr rizik EGAP: 
E
The country's risk assessment is based on a comprehensive internal assessment of the country's political, economic and financial situation. It takes into account not only the sovereign risk of the country, but also the payment experience of EGAP and ECAs of the OECD Group, the risks stemming from the structure of the economy, political situation, legal, security and business environment, banking sector and others.
OECD: 
6
Countries are classified into 8 risk categories 0 to 7, where the 7th category is the country with the highest level of territorial risk and the 1st category of the country with the minimum level of risk. Special category 0 (zero) includes countries with advanced financial markets where the minimum insurance rates of state-supported insurance companies should not be lower than the market rates of commercial (non-state-supported) financial institutions. For more information, read the OECD website - here 
Do you want to know more? Contact our analytics team at countryrisk@egap.cz


Basic Macroeconomic Indicators

[source: MMF]
20102011201220132014201520162017
Nominal GDP (Billion USD)910111112111112
Nominal GDP per capita (USD)3 2183 5263 6823 8383 9863 6073 5923 915
Inflation (%)8,187,652,565,792,983,73-1,400,97
Total import volume (% GDP)45,3247,3548,4049,2047,2241,9642,3348,99
Total export volume (% GDP)20,8323,7627,5628,3528,5629,7333,7438,22
Unemployment rate (%)7,136,4117,3116,1817,4318,0017,6417,73
Population (Million)2,882,882,882,902,912,932,942,94
Balance of Payments (% GDP)-22,31-20,80-19,89-19,75-17,70-11,24-9,26-12,19
Exchange Rare (DM/USD, season average)373,66372,50401,76409,63415,92477,92480,49482,72

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