Armenia has a population of 2.9 million people, and a land mass of 28 000 km2. Life expectancy is 74 years, and with a per capita GDP of USD 4622, the country is classified as a higher middle income country. The country's GDP grew in 2019 with 7.6%, and totaled a nominal value of USD 13.6 billion.
Armenia is ranked at place 47 in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Armenia is ranked at place 60, out of 180 countries in total.
Norwegian exports to Armenia in 2020 were NOK 9 million. The same year, Norway imported goods from Armenia at a value of NOK7 million.