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Armenia Insightsas of Oct 2026
Population size
3 M People
Urbanization rate
63.5%
Population growth
-0.3%
Median age
36.8 years
Household size
3.0 People
Education level
99.8 percent
GDP
29,080,000,000 USD
GDP per capita
9,390 USD
Inflation rate
2.8 %
Unemployment rate
13.3 %
Cost of living index
35 index
Income inequality (Gini)
27.2 index
Retail sales volume
4,000,000,000 USD
Retail sales per capita
1,356 USD
Disposable income per capita
6,000 USD
Spending by category - apparel
200 USD per capita
Spending by category - groceries
1,000 USD per capita
Spending by category - electronics
150 USD per capita
Number of retail outlets
15,000 outlets
Major national retail chains
Yerevan City, SAS Supermarket, Carrefour chains
Retail market fragmentation
high qualitative
Presence of global brands
moderate qualitative
Dominant retail formats
supermarkets, traditional markets formats
Average commercial rent
25 USD/sqm/month
Property transaction volume
slowing qualitative
Ease of doing business index
73 index
Business permit process time
30 days
Zoning constraints
moderate qualitative
E-commerce delivery infrastructure
developing qualitative
Road density
120 km per 100 sq km
Public transport penetration
moderate qualitative
Commute patterns
short urban commutes qualitative
Vehicle ownership per capita
0.25 vehicles per person
E-commerce share of retail
10 %
Click-and-collect adoption
growing qualitative
Internet penetration
80 %
Mobile commerce usage
high qualitative
Retail tech startups
emerging qualitative
Retail-related crime rate
low qualitative
Shoplifting incidents
low qualitative
Consumer protection score
improving qualitative
Business compliance risk
medium qualitative
Annual tourist arrivals
1,800,000 arrivals
Tourist retail spending
500,000,000 USD
Airport traffic
2,500,000 passengers
Duty-free sales trends
increasing qualitative
Projected retail market growth rate
5 %
Urban expansion zones
Yerevan suburbs zones
Emerging retail hubs
Yerevan, Gyumri hubs
Major upcoming national mall or retail projects
new developments in Yerevan projects
Retail Destinations in Armenia
Browse 0 retail destinations across Armenia. Explore retail leasing opportunities, demographics, and market analytics for each location on Occupi.
Armenia at a Glance
- Total Properties0
- Cities0
