Compare the economies of the countries

Table of Contents

Economy power of Armenia & Turkey

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Armenia vs Turkey

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Armenia Turkey
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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 Turkey is a nation located in two continents, namely Asia and Europe. Being a transcontinental country, it is bordered by such European nations such as Greece and Bulgaria, as well as states located in Western Asia, including Georgia, Armenia, Azerbaijan, Iran, Iraq, and Syria. As a result, it has a large number of bordering nations. Although it is Istanbul which is the largest city, its capital is Ankara. More about Turkey

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Armenia Turkey
Position in the ranking of countries
GDP [US$] 13,861,409,968 819,035,182,929
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 Turkey
Position in the ranking of countries
GNI [US$] 13,455,052,221 807,006,172,670
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 Turkey
Position in the ranking of countries
External balance [US$] -1,177,499,652 -1,874,728,532
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 Turkey
Position in the ranking of countries
Unemployment [%] 12.73 11.98
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 Turkey
Position in the ranking of countries
Population 2,790,974 84,775,404
Percentage of the other

Population growth (annual %)

Density

Gender

Demography