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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Armenia & Belgium

Armenia Flag svg Belgium Flag svg

Armenia vs Belgium

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Armenia Belgium
World map with selected countries highlighted.
World Rank 116 1.69 World Rank 27 4.73
The Republic of Armenia is a landlocked nation that is located in the South Caucasus region of Eurasia. There are 4 different neighbours, namely Turkey, Georgia, Azerbaijan, and Iran. However, there are also two military powers that need to be mentioned, namely the Russian peacekeeping force as well as Azerbaijan's exclave of Nakhchivan. More about Armenia One of the smallest nations in Europe is the Kingdom of Belgium. It is located in Western Europe. They have four different neighbours, namely France, Germany, Netherlands, and Luxembourg. The total land area is very small, because there are 30,600 square kilometers, giving them 136th place in terms of land coverage. More about Belgium

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Armenia Belgium
Position in the ranking of countries 108 (2023) 23 (2023)
GDP [US$] 24,085,749,592 644,782,756,682
Percentage of the other 3.7 % 2677 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Armenia Belgium
Position in the ranking of countries 108 (2023) 22 (2023)
GNI [US$] 23,434,106,610 648,332,611,927
Percentage of the other 3.6 % 2766.6 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Armenia Belgium
Position in the ranking of countries 67 (2023) 114 (2023)
External balance [US$] -195,208,163 -3,866,292,231
Percentage of the other 5 % 1980.6 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

Armenia Belgium
Position in the ranking of countries 67 (2023) 114 (2023)
Unemployment [%] 13.33 5.49
Percentage of the other 242.8 % 41.2 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Armenia Belgium
Position in the ranking of countries 131 (2023) 78 (2023)
Population 2,990,900 11,787,423
Percentage of the other 25.4 % 394.1 %

Population growth (annual %)

Density

Gender

Demography