Quality of life comparison

compared to

If you lived in Trinidad and Tobago instead of Armenia, you would:

Economy

make 44.7% more money

Armenia has a GDP per capita of $16,100 as of 2022, while in Trinidad and Tobago, the GDP per capita is $23,300 as of 2022.

be 55.6% less likely to be unemployed

In Armenia, 8.6% of adults are unemployed as of 2022. In Trinidad and Tobago, that number is 3.8% as of 2022.

be 24.5% less likely to live below the poverty line

In Armenia, 26.5% live below the poverty line as of 2021. 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

Trinidad and Tobago is a sovereign country in Central America/Caribbean, with a total land area of approximately 5,128 sq km. First colonized by the Spanish, the islands came under British control in the early 19th century. The islands' sugar industry was hurt by the emancipation of the slaves in 1834. Manpower was replaced with the importation of contract laborers from India between 1845 and 1917, which boosted sugar production as well as the cocoa industry. The discovery of oil on Trinidad in 1910 added another important export. Independence was attained in 1962. The country is one of the most prosperous in the Caribbean thanks largely to petroleum and natural gas production and processing. Tourism, mostly in Tobago, is targeted for expansion and is growing. The government is coping with a rise in violent crime.
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How big is Trinidad and Tobago compared to Armenia? See an in-depth size comparison.

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