Quality of life comparison
If you lived in Armenia instead of Trinidad and Tobago, you would:
Economy
make 27.0% less money
Trinidad and Tobago has a GDP per capita of $28,500 as of 2023, while in Armenia, the GDP per capita is $20,800 as of 2023.
be 2.0 times more likely to be unemployed
In Trinidad and Tobago, 4.2% of adults are unemployed as of 2023. In Armenia, that number is 8.6% as of 2023.
be 24.0% more likely to live below the poverty line
In Trinidad and Tobago, 20.0% live below the poverty line as of 2014. In Armenia, however, that number is 24.8% as of 2022.
pay a 44.0% higher top tax rate
Trinidad and Tobago has a top tax rate of 25.0% as of 2016. In Armenia, the top tax rate is 36.0% as of 2016.
Life
be 23.1% less likely to die during infancy
In Trinidad and Tobago, approximately 15.8 children (per 1,000 live births) die before they reach the age of one as of 2022. In Armenia, on the other hand, 12.2 children do as of 2022.
Expenditures
spend 31.7% less on education
Trinidad and Tobago spends 4.1% of its total GDP on education as of 2020. Armenia spends 2.8% of total GDP on education as of 2021.
spend 67.1% more on healthcare
Trinidad and Tobago spends 7.3% of its total GDP on healthcare as of 2020. In Armenia, that number is 12.2% of GDP 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.
Armenia: At a glance
How big is Armenia compared to Trinidad and Tobago? See an in-depth size comparison.