Compare the economies of the countries

Table of Contents

Economy power of Armenia & North Macedonia

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Armenia vs North Macedonia

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Armenia North Macedonia
World map with selected countries highlighted.
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 Republic of North Macedonia is also referred to as North Macedonia. Interestingly, it was renamed not that long ago, because in 2019, due to disputes over the name "Macedonia". Located in Southeast Europe, it is a landlocked country with Bulgaria, Greece, Albania, Serbia, Bulgaria, and Kosovo as neighbours. More about North Macedonia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Armenia North Macedonia
Position in the ranking of countries
GDP [US$] 24,085,749,592 15,763,621,848
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

Armenia North Macedonia
Position in the ranking of countries
GNI [US$] 23,434,106,610 14,961,106,563
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 North Macedonia
Position in the ranking of countries
External balance [US$] -195,208,163 -2,054,991,578
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)

Armenia North Macedonia
Position in the ranking of countries
Unemployment [%] 13.33 13.42
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 North Macedonia
Position in the ranking of countries
Population 2,990,900 1,827,816
Percentage of the other

Population growth (annual %)

Density

Gender

Demography