We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Armenia & Norway

Armenia Flag svg Norway Flag svg

Armenia vs Norway

Show map
Armenia Norway
World map with selected countries highlighted.
World Rank 116 1.69 World Rank 25 5.67
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 Kingdom of Norway is a nation located in Northern Europe and it is one of the Nordic countries. Most of its territory is located on the western and northernmost portion of the Scandinavian Peninsula. However, they also own the archipelago of Svalbard and the Arctic island of Jan Mayen as well as several other minor isles. There are four different bordering nations, namely Sweden, Denmark, Finland and Russia. The Norwegian land covers approximately 385,000 square kilometers  More about Norway

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

small flag
small flag

(United States of America (USA))

Armenia Norway
Position in the ranking of countries 108 (2023) 31 (2023)
GDP [US$] 24,085,749,592 485,310,823,603
Percentage of the other 5 % 2014.9 %

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

small flag
small flag

(United States of America (USA))

Armenia Norway
Position in the ranking of countries 108 (2023) 27 (2023)
GNI [US$] 23,434,106,610 507,846,254,957
Percentage of the other 4.6 % 2167.1 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

small flag
small flag

(China)

Armenia Norway
Position in the ranking of countries 67 (2023) 11 (2023)
External balance [US$] -195,208,163 71,491,259,072
Percentage of the other -0.3 % -36623.1 %

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)

small flag
small flag

(Eswatini)

Armenia Norway
Position in the ranking of countries 67 (2023) 11 (2023)
Unemployment [%] 13.33 3.97
Percentage of the other 335.8 % 29.8 %

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

small flag
small flag

(India)

Armenia Norway
Position in the ranking of countries 131 (2023) 114 (2023)
Population 2,990,900 5,519,594
Percentage of the other 54.2 % 184.5 %

Population growth (annual %)

Density

Gender

Demography