Armenia is a landlocked country in western Asia, bordered by Turkey and Azerbaijan, among others. Its history includes rule by the Ottoman and Iranian empires, an ethnic genocide of their people by Turkey during World War I, as well as being incorporated into the USSR for most of the 20th century. The modern Republic of Armenia became independent in 1991 after the fall of the Soviet Union.

The Armenian diaspora contributes heavily to its economic development, which now includes a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy.

With Yerevan as its capital, Armenia has a population of 2,951,745, with more than 8 million Armenians living abroad. The predominant religion in Armenia is Christianity, whose  roots go back to the 1st century. Armenians have their own distinctive alphabet and language.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 25.8%
Industry 22.8%
Services 51.4%

Employment Distribution by Education

Age 15+

Less than Basic 0.1%
Basic 5.2%
Intermediate 65.8%
Advanced 14.1%
Level Not Stated 14.7%

Age 15-24

Less than Basic 0%
Basic 10.0%
Intermediate 67.2%
Advanced 21.0%
Level Not Stated 1.8%

Age 15-64

Less than Basic 0%
Basic 5.1%
Intermediate 66.0%
Advanced 14.5%
Level Not Stated 14.3%

Age 25+

Less than Basic 0.1%
Basic 4.8%
Intermediate 65.7%
Advanced 13.5%
Level Not Stated 15.9%

Schedule a Demo

Would you bike to work if given the opportunity? What if your employer provided you with a free bike or a free commuter ticket? Environmental sustainability is highly emphasized in this country, & employers are offering their employees rewards for choosing to bike or commute!

When doing business in various countries, ensuring that documents are translated appropriately is critical. Global People Strategist offers translation services to give you confidence when translating foreign documents! #InternationalTranslationDay #TranslationServices

By 2050, the United Nations projects that half of the world’s population growth will be concentrated in just 9 countries: India, Nigeria, the Democratic Republic of the Congo, Pakistan, Ethiopia, the United Republic of Tanzania, the United States of America, Uganda, and Indonesia

Today is the European Day of Languages which aims to encourage language learning for citizens all across Europe! More than 54% of European citizens currently speak more than one language! #EuropeanDayofLanguages #Europe #BusinessinEurope #Languages #BiLangual #GlobalBusiness

Did you Know? The ILO estimates that during the second quarter of 2020, 557 million workers worked from home, accounting for about 18% of the global workforce! Did you work from home in 2020? #InternationaLabourOrganization #ILO #RemoteWork #WorkFromHome #GlobalWorkforce

Load More...