Compare Armenia (2007) - Armenia (2008)

Compare Armenia (2007) z Armenia (2008)

Show all fields

	Armenia (2007)	Armenia (2008)

Background	Armenia prides itself on being the first nation to formally adopt Christianity (early 4th century). Despite periods of autonomy, over the centuries Armenia came under the sway of various empires including the Roman, Byzantine, Arab, Persian, and Ottoman. During World War I in the western portion of Armenia, Ottoman Turkey instituted a policy of forced resettlement coupled with other harsh practices that resulted in an estimated 1 million Armenian deaths. The eastern area of Armenia was ceded by the Ottomans to Russia in 1828; this portion declared its independence in 1918, but was conquered by the Soviet Red Army in 1920. Armenian leaders remain preoccupied by the long conflict with Muslim Azerbaijan over Nagorno-Karabakh, a primarily Armenian-populated region, assigned to Soviet Azerbaijan in the 1920s by Moscow. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991. By May 1994, when a cease-fire took hold, Armenian forces held not only Nagorno-Karabakh but also a significant portion of Azerbaijan proper. The economies of both sides have been hurt by their inability to make substantial progress toward a peaceful resolution. Turkey imposed an economic blockade on Armenia and closed the common border because of the Armenian occupation of Nagorno-Karabakh and surrounding areas.	Armenia prides itself on being the first nation to formally adopt Christianity (early 4th century). Despite periods of autonomy, over the centuries Armenia came under the sway of various empires including the Roman, Byzantine, Arab, Persian, and Ottoman. During World War I in the western portion of Armenia, Ottoman Turkey instituted a policy of forced resettlement coupled with other harsh practices that resulted in an estimated 1 million Armenian deaths. The eastern area of Armenia was ceded by the Ottomans to Russia in 1828; this portion declared its independence in 1918, but was conquered by the Soviet Red Army in 1920. Armenian leaders remain preoccupied by the long conflict with Muslim Azerbaijan over Nagorno-Karabakh, a primarily Armenian-populated region, assigned to Soviet Azerbaijan in the 1920s by Moscow. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991. By May 1994, when a cease-fire took hold, Armenian forces held not only Nagorno-Karabakh but also a significant portion of Azerbaijan proper. The economies of both sides have been hurt by their inability to make substantial progress toward a peaceful resolution. Turkey imposed an economic blockade on Armenia and closed the common border because of the Armenian separatists' control of Nagorno-Karabakh and surrounding areas.
Budget	revenues: $1.057 billion expenditures: $1.153 billion; including capital expenditures of $NA (2006 est.)	revenues: $1.648 billion expenditures: $1.645 billion; including capital expenditures of $NA (2007 est.)
Country name	conventional long form: Republic of Armenia conventional short form: Armenia local long form: Hayastani Hanrapetut'yun local short form: Hayastan former: Armenian Soviet Socialist Republic; Armenian Republic	conventional long form: Republic of Armenia conventional short form: Armenia local long form: Hayastani Hanrapetut'yun local short form: Hayastan former: Armenian Soviet Socialist Republic, Armenian Republic
Debt - external	$1.16 billion (30 September 2006)	$1.372 billion (31 December 2007 est.)
Diplomatic representation from the US	chief of mission: Ambassador (vacant); Charge d'Affaires Joseph PENNINGTON embassy: 1 American Ave., Yerevan 0082 mailing address: American Embassy Yerevan, US Department of State, 7020 Yerevan Place, Washington, DC 20521-7020 telephone: [374](10) 464-700 FAX: [374](10) 464-742	chief of mission: Ambassador Joseph S. PENNINGTON embassy: 1 American Ave., Yerevan 0082 mailing address: American Embassy Yerevan, US Department of State, 7020 Yerevan Place, Washington, DC 20521-7020 telephone: [374](10) 464-700 FAX: [374](10) 464-742
Economic aid - recipient	ODA, $193.3 million (2005)	ODA, $180 million (2007)
Economy - overview	Under the old Soviet central planning system, Armenia had developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy. Since the implosion of the USSR in December 1991, Armenia has switched to small-scale agriculture away from the large agroindustrial complexes of the Soviet era. The agricultural sector has long-term needs for more investment and updated technology. The privatization of industry has been at a slower pace, but has been given renewed emphasis by the current administration. Armenia is a food importer, and its mineral deposits (copper, gold, bauxite) are small. The ongoing conflict with Azerbaijan over the ethnic Armenian-dominated region of Nagorno-Karabakh and the breakup of the centrally directed economic system of the former Soviet Union contributed to a severe economic decline in the early 1990s. By 1994, however, the Armenian Government had launched an ambitious IMF-sponsored economic liberalization program that resulted in positive growth rates in 1995-2006. Armenia has managed to slash inflation, stabilize its currency, and privatize most small- and medium-sized enterprises. Despite strong economic growth, Armenia's unemployment rate remains high. Nuclear power plants built at Metsamor eliminated the chronic energy shortages Armenia suffered in the early and mid-1990s, but those plants are under international pressure to close. Armenia is now a net energy exporter, although it does not have sufficient generating capacity to replace Metsamor. Construction of a natural gas pipeline between Iran and Armenia has been completed and it is scheduled to be commissioned by April 2007. Economic ties with Russia remain close, especially in the energy sector. The electricity distribution system was privatized in 2002 and bought by Russia's RAO-UES in 2005. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign direct investment. Armenia joined the WTO in January 2003. The government made some improvements in tax and customs administration in 2005, but anti-corruption measures will be more difficult to implement. Investment in the construction and industrial sectors is expected to continue in 2007 and will help to ensure annual average real GDP growth of more than 10%.	Since the breakup of the Soviet Union in 1991, Armenia has made progress in implementing many economic reforms including privatization, price reforms, and prudent fiscal policies. The conflict with Azerbaijan over the ethnic Armenian-dominated region of Nagorno-Karabakh contributed to a severe economic decline in the early 1990s. By 1994, however, the Armenian Government launched an ambitious IMF-sponsored economic liberalization program that resulted in positive growth rates. Economic growth has averaged over 13% in recent years. Armenia has managed to reduce poverty, slash inflation, stabilize its currency, and privatize most small- and medium-sized enterprises. Under the old Soviet central planning system, Armenia developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics, in exchange for raw materials and energy. Armenia has since switched to small-scale agriculture and away from the large agroindustrial complexes of the Soviet era. Nuclear power plants built at Metsamor in the 1970s were closed following the 1988 Spitak Earthquake, though they sustained no damage. One of the two reactors was re-opened in 1995, but the Armenian government is under international pressure to close it due to concerns that the Soviet era design lacks important safeguards. Metsamor provides 40 percent of the country's electricity - hydropower accounts for about one-fourth. Economic ties with Russia remain close, especially in the energy sector. The electricity distribution system was privatized in 2002 and bought by Russia's RAO-UES in 2005. Construction of a pipeline to deliver natural gas from Iran to Armenia is halfway completed and is scheduled to be commissioned by January 2009. Armenia has some mineral deposits (copper, gold, bauxite). Pig iron, unwrought copper, and other nonferrous metals are Armenia's highest valued exports. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign direct investment. Armenia joined the WTO in January 2003. The government made some improvements in tax and customs administration in recent years, but anti-corruption measures will be more difficult to implement. Despite strong economic growth, Armenia's unemployment rate remains high. Armenia will need to pursue additional economic reforms in order to improve its economic competitiveness and to build on recent improvements in poverty and unemployment, especially given its economic isolation from two of its nearest neighbors, Turkey and Azerbaijan.
Electricity - consumption	4.194 billion kWh (2005)	5.454 billion kWh (2006)
Electricity - exports	1.011 billion kWh; note - exports an unknown quantity to Georgia; includes exports to Nagorno-Karabakh region in Azerbaijan (2005)	754.5 million kWh; note - exports an unknown quantity to Georgia; includes exports to Nagorno-Karabakh region in Azerbaijan (2006)
Electricity - imports	231 million kWh; note - imports an unknown quantity from Iran (2005)	354.9 million kWh; note - imports an unknown quantity from Iran (2006)
Electricity - production	5.975 billion kWh (2005)	5.941 billion kWh (2006)
Exchange rates	drams per US dollar - 414.69 (2006), 457.69 (2005), 533.45 (2004), 578.76 (2003), 573.35 (2002)	drams per US dollar - 344.06 (2007), 414.69 (2006), 457.69 (2005), 533.45 (2004), 578.76 (2003)
Executive branch	chief of state: President Robert KOCHARIAN (since 30 March 1998) head of government: Prime Minister Serzh SARGSYAN (since 4 April 2007) cabinet: Council of Ministers appointed by the prime minister elections: president elected by popular vote for a five-year term (eligible for a second term); election last held 19 February and 5 March 2003 (next to be held in 2008); prime minister appointed by the president and confirmed with the majority support of the National Assembly; the prime minister and Council of Ministers must resign if the National Assembly refuses to accept their program election results: Robert KOCHARIAN reelected president; percent of vote - Robert KOCHARIAN 67.5%, Stepan DEMIRCHYAN 32.5%	chief of state: President Robert KOCHARIAN (since 30 March 1998) head of government: Prime Minister Serzh SARGSYAN (since 4 April 2007) cabinet: Council of Ministers appointed by the prime minister elections: president elected by popular vote for a five-year term (eligible for a second term); election last held 19 February 2008 (next to be held February 2013); prime minister appointed by the president based on majority or plurality support in parliament; the prime minister and Council of Ministers must resign if the National Assembly refuses to accept their program election results: Serzh SARGSYAN elected president; percent of vote - Serzh SARGSYAN 52.9%, Levon TER-PETROSSIAN 21.5%, Artur BAGHDASARIAN 16.7%; note - president elect Serzh SARGSYAN is due to take office 9 April 2008
Exports	NA bbl/day	0 bbl/day (2004)
Exports - partners	Germany 18.1%, Netherlands 14.1%, Belgium 13.4%, Russia 13.1%, Israel 7.1%, US 6.1%, Georgia 5.1%, Iran 4.9% (2006)	Germany 18.3%, Netherlands 14.1%, Belgium 13.3%, Russia 13.1%, Israel 7%, US 6.1%, Georgia 5.1%, Iran 4.9% (2006)
GDP - composition by sector	agriculture: 18.2% industry: 38.6% services: 43.2% (2006 est.)	agriculture: 17.2% industry: 36.4% services: 46.4% (2007 est.)
GDP - real growth rate	13.4% (2006 est.)	13.7% (2007 est.)
Imports	NA bbl/day	41,240 bbl/day (2004)
Industrial production growth rate	-1.2% (2006 est.)	2.6% (2007 est.)
Inflation rate (consumer prices)	2.9% (2006 est.)	6.6% (2007 est.)
International organization participation	ACCT (observer), AsDB, BSEC, CE, CIS, CSTO, EAEC (observer), EAPC, EBRD, FAO, GCTU, IAEA, IBRD, ICAO, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, MIGA, NAM (observer), OAS (observer), OIF (observer), OPCW, OSCE, PFP, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO	ACCT (observer), ADB, BSEC, CE, CIS, CSTO, EAEC (observer), EAPC, EBRD, FAO, GCTU, IAEA, IBRD, ICAO, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, MIGA, NAM (observer), OAS (observer), OIF (observer), OPCW, OSCE, PFP, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Labor force	1.2 million (November 2006)	1.2 million (2007 est.)
Labor force - by occupation	agriculture: 45% industry: 25% services: 30% (2002 est.)	agriculture: 46.2% industry: 15.6% services: 38.2% (2006 est.)
Legislative branch	unicameral National Assembly (Parliament) or Azgayin Zhoghov (131 seats; members elected by popular vote, 90 members elected by party list and 41 by direct vote; to serve four-year terms) elections: last held 12 May 2007 (next to be held in the spring of 2011) election results: percent of vote by party - HHK 32.8%, Prosperous Armenia 14.7%, ARF (Dashnak) 12.7%, Rule of Law 6.8%, Heritage Party 5.8%, other 27.2%; seats by party - HHK 69, Prosperous Armenia 24, ARF (Dashnak) 16, Rule of Law 9, Heritage Party 7, Dashink 1, independent 5	unicameral National Assembly (Parliament) or Azgayin Zhoghov (131 seats; members elected by popular vote, 90 members elected by party list and 41 by direct vote; to serve four-year terms) elections: last held 12 May 2007 (next to be held in the spring of 2012) election results: percent of vote by party - HHK 49.6%, Prosperous Armenia 19%, ARF (Dashnak) 12.2%, Rule of Law 6.1%, Heritage Party 5.3%, other 7.8%; seats by party - HHK 65, Prosperous Armenia 25, ARF (Dashnak) 16, Rule of Law 8, Heritage Party 7, Dashink 1, independent 9
Pipelines	gas 2,002 km (2006)	gas 2,036 km (2007)
Political parties and leaders	Agro-Industrial Party [Vladimir BADALYAN]; Armenia Party (Hayastan) [Myasnik MALKHASYAN]; Armenian National Movement or ANM [Artashes ZURABYAN]; Armenian Ramkavar Liberal Party or HRAK [Harutyun MIRZAKHANYAN, chairman]; Armenian Revolutionary Federation ("Dashnak" Party) or ARF [Hrant MARKARYAN]; Dashink [Gen. Samvel Babayan]; Democratic Party [Aram SARKISYAN]; Heritage Party [Raffi HOVHANNISYAN]; Justice Bloc [Stepan DEMIRCHYAN] (comprised of the Democratic Party, National Democratic Party, National Democratic Union, the People's Party, and the Republic Party); National Democratic Party [Shavarsh KOCHARIAN]; National Democratic Union or NDU [Vazgen MANUKIAN]; National Revival Party [Albert BAZEYAN]; National Unity Party [Artashes GEGHAMYAN]; People's Party of Armenia [Stepan DEMIRCHYAN]; Prosperous Armenia [Gagik TSAROUKYAN]; Republic Party [Aram SARKISYAN]; Republican Party of Armenia or HHK [Serzh SARGSYAN]; Rule of Law Party [Artur BAGHDASARYAN]; Union of Constitutional Rights [Hrant KHACHATURYAN]; United Labor Party [Gurgen ARSENYAN]	Armenian National Movement or ANM [Ararat ZURABYAN]; Armenian People's Party [Tigran KARAPETYAN]; Armenian Ramkavar Azadagan Party Alliance or HRAK (includes former Dashink Party, National Revival Party, and Ramkavar Liberal Party); Armenian Revolutionary Federation ("Dashnak" Party) or ARF [Hrant MARKARYAN]; Heritage Party [Raffi HOVHANNISYAN]; National Democratic Party [Shavarsh KOCHARIAN]; National Democratic Union or NDU [Vazgen MANUKIAN]; National Unity Party [Artashes GEGHAMYAN]; People's Party of Armenia [Stepan DEMIRCHYAN]; Prosperous Armenia [Gagik TSAROUKYAN]; Republic Party [Aram SARKISYAN]; Republican Party of Armenia or HHK [Serzh SARGSYAN]; Rule of Law Party (Orinats Yerkir) [Artur BAGHDASARYAN]; Union of Constitutional Rights [Hrant KHACHATURYAN]; United Labor Party [Gurgen ARSENYAN]
Political pressure groups and leaders	Yerkrapah Union [Manvel GRIGORIAN]	Yerkrapah Union [Manvel GRIGORIAN], Aylentrank (Impeachment) [Nikol PASHINYAN]
Population below poverty line	34.6% (2004 est.)	26.5% (2006 est.)
Telephone system	general assessment: system inadequate; an outdated telecommunications network inherited from the Soviet era; now 90% privately owned and undergoing modernization and expansion; mobile-cellular services monopoly terminated in late 2004 and a second provider began operations in mid-2005 domestic: the majority of subscribers and the most modern equipment, including paging and mobile-cellular services, are in Yerevan international: country code - 374; Yerevan is connected to the Trans-Asia-Europe fiber-optic cable through Iran; additional international service is available by microwave radio relay and landline connections to the other countries of the Commonwealth of Independent States and through the Moscow international switch and by satellite to the rest of the world; satellite earth stations - 3 (2007)	general assessment: telecommunications investments have made major inroads in modernizing and upgrading the outdated telecommunications network inherited from the Soviet era; now 100% privately owned and undergoing modernization and expansion; mobile-cellular services monopoly terminated in late 2004 and a second provider began operations in mid-2005 domestic: reliable modern landline and mobile-cellular services are available across Yerevan in major cities and towns; significant, but ever-shrinking gaps remain in mobile-cellular coverage in rural areas international: country code - 374; Yerevan is connected to the Trans-Asia-Europe fiber-optic cable through Iran; additional international service is available by microwave radio relay and landline connections to the other countries of the Commonwealth of Independent States and through the Moscow international switch and by satellite to the rest of the world; satellite earth stations - 3 (2007)
Unemployment rate	7.4% (November 2006 est.)	7.1% (2007 est.)

Sitemap: Compare countries listing (map site) | Country listing (map site)
Links: Add to favorites | Information about this website | Stats | Polityka prywatnosci
This page was generated in ##czas## s. Size this page: ##rozmiar_strony## kB.