Armenia

Flag



Location map
author: OCHA/ ReliefWeb


Location:
- Southwestern Asia.
- Neighbours: Turkey, Georgia, Azerbaijan, Iran.

Climate:
- highland continental, hot summers, cold winters.

Natural hazards:
- occasionally severe earthquakes; - droughts.

Macro indicators
* 2018 estimates
Surface:29,743km2
Population*:3.0million
Pop. density*:100.5people/km2
GDP*:11.0EUR billion
GDP/capita*:3,673.4EUR

Currency: Dram

Code: AMD
Since: 1993

Exchange rates at December 31st:
1 EUR = 553.65 AMD (2018)
1 EUR = 580.10 AMD (2017)
1 EUR = 512.20 AMD (2016)
1 EUR = 528.69 AMD (2015)
1 EUR = 577.47 AMD (2014)
1 EUR = 559.54 AMD (2013)
1 EUR = 532.24 AMD (2012)
1 EUR = 498.72 AMD (2011)
1 EUR = 481.16 AMD (2010)

Sources:



 


Statistics

Armenia 1Q2019 Market Ranking

Armenia 1Q2019 Market Portfolio


See all statistics

Latest news


STATISTICS: ARMENIA, 1Q2019: market growth slowed down by 30%

Total GWP of Armenian insurers in the 1st quarter amounted to AMD 16.5 billion (EUR 30.28 million), 17.4% more y-o-y in local currency (vs 47.6% a year ago according to the insurer's portfolio data), market results from ArmInfo show.

ARMENIA: average MTPL loss ratio increased to 64.5%

For the first three months of this year, the average MTPL loss ratio increased from 62.9% to 64.5% (without deduction of reserves) and from 71.1% to 73.7% (with deduction of reserves), according to the Bureau of Motor Insurers.










ARMENIA: export insurance in 2018 increased by 73%

In 2018 export insurance recorded a significant growth. Total insured amount was AMD 7.9 billion (+73% y-o-y), at that total insurance premiums exceeded the planned level for 2018-2020 by 31%, as the press office of the Export Insurance Agency of Armenia announced.