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CompareEconomy.com Comparison of world economies

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Economy power of Armenia & European Union (EU)

Armenia Flag svg European Union (EU) Flag svg

Armenia vs European Union (EU)

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Armenia European Union (EU)
World map with selected countries highlighted.
World Rank 165 1.1
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 The European Union is a political and economic union of 27 member states that are located in Europe. Its members have a total land coverage of 4,233,255 square kilometers. The population of the EU is about 447 million. List of member states: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany,Greece Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. More about European Union (EU)

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Armenia European Union (EU)
Position in the ranking of countries
GDP [US$] 13,861,409,968 17,177,419,592,825
Percentage of the other

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 European Union (EU)
Position in the ranking of countries
GNI [US$] 13,455,052,221 17,265,699,183,045
Percentage of the other

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 European Union (EU)
Position in the ranking of countries
External balance [US$] -1,177,499,652 -
Percentage of the other

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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(South Africa)

Armenia European Union (EU)
Position in the ranking of countries
Unemployment [%] 12.73 7.00
Percentage of the other

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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(China)

Armenia European Union (EU)
Position in the ranking of countries
Population 2,790,974 447,199,800
Percentage of the other

Population growth (annual %)

Density

Gender

Demography