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Economy of Armenia
The economy of Armenia is ranked 132nd in the world, with a nominal gross domestic product (GDP) of $10.561 billion per annum. It is also the 129th largest in the world by purchasing power parity (PPP), at $25.329 billion per annum. Armenia is the second-most densely populated of the post-Soviet states because of its small size. It is situated between the Black Sea and the Caspian Sea, bordered on the north and east by Georgia and Azerbaijan and on the south and west by Iran and Turkey. MORE
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