Quality of life comparison
If you lived in Trinidad and Tobago instead of Armenia, you would:
Economy
make 37.0% more money
Armenia has a GDP per capita of $20,800 as of 2023, while in Trinidad and Tobago, the GDP per capita is $28,500 as of 2023.
be 51.0% less likely to be unemployed
In Armenia, 8.6% of adults are unemployed as of 2023. In Trinidad and Tobago, that number is 4.2% as of 2023.
be 19.4% less likely to live below the poverty line
In Armenia, 24.8% live below the poverty line as of 2022. In Trinidad and Tobago, however, that number is 20.0% as of 2014.
pay a 30.6% lower top tax rate
Armenia has a top tax rate of 36.0% as of 2016. In Trinidad and Tobago, the top tax rate is 25.0% as of 2016.
Life
be 30.0% more likely to die during infancy
In Armenia, approximately 12.2 children (per 1,000 live births) die before they reach the age of one as of 2022. In Trinidad and Tobago, on the other hand, 15.8 children do as of 2022.
Expenditures
spend 40.2% less on healthcare
Armenia spends 12.2% of its total GDP on healthcare as of 2020. In Trinidad and Tobago, that number is 7.3% of GDP as of 2020.
spend 46.4% more on education
Armenia spends 2.8% of its total GDP on education as of 2021. Trinidad and Tobago spends 4.1% of total GDP on education as of 2020.
The statistics above were calculated using the following data sources: The World Factbook, Inland Revenue Division, Tax Service of Republic of Armenia.
Trinidad and Tobago: At a glance
How big is Trinidad and Tobago compared to Armenia? See an in-depth size comparison.