Economy of Armenia
Imports commoditiesnatural gas, petroleum, tobacco products, foodstuffs, diamonds
Import partnersRussia 24.8%, China 9.4%, Germany 6.2%, Iran 5.2%, Ukraine 5.1%, Turkey 5% (2012)
ExportsExports commoditiespig iron, unwrought copper, nonferrous metals, diamonds, mineral products, foodstuffs, energy
Export partnersRussia 19.6%, Germany 10.7%, Bulgaria 9.1%, Belgium 8.9%, Iran 6.9%, US 6.1%, Canada 6%, Georgia 5.7%, Netherlands 5.6%, Switzerland 5% (2012)
Economy sectorsAgriculture productsfruit (especially grapes), vegetables; livestock
Industrial productsdiamond-processing, metal-cutting machine tools, forging-pressing machines, electric motors, tires, knitted wear, hosiery, shoes, silk fabric, chemicals, trucks, instruments, microelectronics, jewelry manufacturing, software development, food processing, brandy, mining
EconomyGDP PPP per land area693 Thousand $ per square kilometer (2013)654 Thousand $ per square kilometer (2012)614 Thousand $ per square kilometer (2011)
Electricity
Electricity - installed generating capacity3.47 Million kW
BankingGDP decomposition by sectorTourismInternational tourism, number of departures807 Thousand (2012)715 Thousand (2011)563 Thousand (2010)
Debt, Current Account Balance and Budget Deficit
Budget surplus (+) or deficit (-)-1.60 % of GDP
Current Account Balance (Percentage of GDP)-11.13 % of GDP (2012)-11.20 % of GDP (2011)-14.83 % of GDP (2010)

External Debt Stocks (Percentage of GNI)72.9 % of GNI (2012)69.0 % of GNI (2011)65.0 % of GNI (2010)

Short-term debt (percentage of total external debt)10.6 % of total external debt (2012)11.8 % of total external debt (2011)9.94 % of total external debt (2010)
