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"Project Management in Offshore IT Outsourcing" Workshop 10 January 2012, 11.06 Anna Training Announcements
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Armenia Basic Facts


Location:
Southwestern Asia, south of Transcaucasia
Area: total: 29,743 sq km
Land: 28,454 sq km
Water: 1,289 sq km
Climate: highland continental, hot summers, cold winters
Natural resources: small deposits of gold, copper, molybdenum, zinc, bauxite
Population: 2,968,586 (July 2008 est.)
Languages: Armenian 97.7%, Yezidi 1%, Russian 0.9%, other 0.4% (2001 census)
Government type: republic
Capital: Yerevan
GDP (official exchange rate): $7.974 billion (2007 est.)
GDP-real growth rate: 13.8% (2007 est.)

GDP at market prices - 465508.4 mln dram (march 2009)

GDP-per capita (PPP): $4,900 (2007 est.)
GDP-composition by sector: agriculture: 17.2%; industry: 36.4%; services: 46.4% (2007 est.)

Consumer Price Index: 102% (march 2009)

External Trade Turnover: $781,9 mln (march 2009): export - $123.4; import - $658.5 mln

Unemployment rate: 4.9% (2008 est.)
Inflation rate (consumer prices): 4.5% (2008 est.)
Industries: IT,  microelectronics, software development, diamond-processing, metal-cutting machine tools, forging-pressing machines, electric motors, tires, knitted wear, hosiery, shoes, silk fabric, chemicals, trucks, instruments, jewelry manufacturing, food processing, brandy
and other alcohol products, non-alcohol products

 
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