Economic Trivia

The agriculture sector accounts for more than 40% of employment.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2016): Russia, China, and Germany
Top 3 Exported Goods (2016): Ores, Precious Stones & Metals, and Tobacco

Top Industries Source: CIA World Factbook

Diamond-Processing; Metal-Cutting Machine Tools; Forging-Pressing Machines; Electric Motors

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $25,790,892,933 (2016)
GDP Growth Rate (annual %) 0.2% (2016)
GDP Per Capita, PPP (current international) $8,818 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 134/194 (2016)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -1.271% (2016)
External debt stocks, total (DOD, current US$) $9,953,091,000 (2016)
Total tax rate (% of commercial profits) 18.5% (2017)
Real Interest Rate (5 year average %) 16.761% (2016)
Manufacturing, value added (% of GDP) 10.2% (2016)
Current Account Balance (BoP, current US$) ($285,462,152) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 1,494,394 (2017)
Employment in Agriculture (% of total employment) 35.33% (2015)
Employment in Industry (% of total employment) 15.91% (2015)
Employment in Services (% of total employment) 48.76% (2015)
Unemployment Rate 16.603% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $4,567,654,107 (2016)
Exports of goods and services (current US$) $3,495,675,648 (2016)
Total Merchandise Trade (% of GDP) 48.121% (2016)
FDI, net inflows (BoP, current US$) $338,033,697 (2016)
Commercial Service Exports (current US$) $1,577,919,865 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Armenia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank