A landlocked country with Turkey to the west and Georgia to the north, Armenia boasts a history longer than most other European countries.Situated along the route of the Great Silk Road, it has fallen within the orbit of a number of cultural influences and empires.fter independence from the Soviet Union in 1991, Armenia quickly became drawn into a bloody conflict with Azerbaijan over the mostly Armenian-speaking region of Nagorno-Karabakh.
PPI index data for capital equipment is used by the Department of Commerce to calculate the GDP deflator. The removal of food and energy prices is almost implicit in most media releases today, but investors should determine on their own what the long-term rates of growth are for these two important items.
DEFINITION of 'Gini Index'. A measurement of the income distribution of a country's residents. This number, which ranges between 0 and 1 and is based on residents' net income, helps define the gap between the rich and the poor, with 0 representing perfect equality and 1 representing perfect inequality. wealthy country and a poor country can have the same Gini coefficient, even if the wealthy country has a relatively equal distribution of affluent residents and the poor country has a relatively equal distribution of cash-strapped residents.