Armenia
Caucasus ยท Asia
Population
3.03M
GDP (Nominal)
$25.8B
Capital City
Yerevan
Currency
AMD (ึ)
Avg Salary
$731/mo
Region
Caucasus
Livability Index 2026
40.8/100
Cost of Living
10/100
Avg Salary
77.6/100
Safety
58/100
Healthcare
55/100
Education
64/100
Overall Livability
Institutional Summary
Armenia is an ancient, culturally rich nation nestled in the Caucasus Mountains. It has recently emerged as a highly attractive hub for digital nomads and IT professionals, boasting a booming tech sector, incredibly high safety rankings, and a very affordable cost of living.
Cost of Living
Monthly Rent (1BR)$600
Monthly Groceries$200
Monthly Transport$20
Utilities & Internet$85
Estimated Total Monthly
$905 /person
AI Algorithm Summary
Major Strengths
- โข Accessible immigration and visa pathways
Algorithmic Red Flags
- โข High unemployment rate (13.3%)
Economic Performance
๐ Stable GrowthGDP Per Capita
$8,511
Inflation Rate
1.5%
Unemployment
13.3%
5-Year GDP Trend
Migration & Visa
Visa-Free / E-Visa (Up to 180 days for many nationalities)
Temporary Residence Permit (1 year, renewable)
Special Residence Status (10 years, for investors or Armenian descendants)
Visa Difficulty
2/10
PR Eligibility
Available after establishing long-term legal residence and ties
Employment Landscape
Avg Monthly Salary
$731
Trending
Top Performing Industries
Information Technology (IT)
Mining
Agriculture & Wine
Tourism
Social Indicators
Life Expectancy
75 Yrs
Literacy Rate
99%
Top Universities (QS Rank)
Yerevan State University (YSU)#
American University of Armenia (AUA)#
Compare Armenia
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