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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Armenia & Libya

Armenia Flag svg Libya Flag svg

Armenia vs Libya

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Armenia Libya
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World Rank 116 1.69 World Rank 73 2.32
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 Officially known as the State of Libya, the nation is located in the northern part of Africa, in the Maghreb region. It borders Sudan, Chad, Algeria, Niger, Tunisia, and Egypt. This is the fourth largest country in Africa thanks to its enormous land coverage of 1.8 million square kilometers. It is also the 16th largest nation worldwide.  More about Libya

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Armenia Libya
Position in the ranking of countries
GDP [US$] 24,085,749,592 45,096,462,972
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 Libya
Position in the ranking of countries
GNI [US$] 23,434,106,610 45,309,062,967
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 Libya
Position in the ranking of countries
External balance [US$] -195,208,163 6,571,580,007
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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(Eswatini)

Armenia Libya
Position in the ranking of countries
Unemployment [%] 13.33 18.61
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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(India)

Armenia Libya
Position in the ranking of countries
Population 2,990,900 7,305,659
Percentage of the other

Population growth (annual %)

Density

Gender

Demography