Armenia

Armenia is country of Europe located in far eastern Europe.

Details

Official Name:Republic of Armenia
Capital:Yerevan
Total area:29,743 km2
GDP per capita:$5,384
Native Language:Armenian
Government:Semi-presidential republic
Population:3,262,200
Major Religion:Christianity
Monetary Unit:Armenian dram

Armenia, officially the Republic of Armenia, is a mountainous country in the South Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bordered by Turkey to the west, Georgia to the north, the de facto independent Nagorno-Karabakh Republic and Azerbaijan to the east, and Iran and the Azerbaijani exclave of Nakhchivan to the south.

Economy

The economy relies heavily on investment and support from Armenians abroad. Before independence, Armenia's economy was largely industry-based – chemicals, electronics, machinery, processed food, synthetic rubber, and textile – and highly dependent on outside resources. The republic had developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy. Recently, the Intel Corporation agreed to open a research center in Armenia, in addition to other technology companies, signalling the growth of the technology industry in Armenia.