Armenia - Global competitiveness rank (1=the best)

61 (rank) in 2019

In 2019, global competitiveness rank for Armenia was 61 rank. Between 2017 and 2019, global competitiveness rank of Armenia grew substantially from 59 to 61 rank rising at an increasing annual rate that reached a maximum of 2.36% in 2019.

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What is global competitiveness rank?

The Global Competitiveness Index 4.0 assesses the microeconomic and macroeconomic foundations of national competitiveness, which is defined as the set of institutions, policies, and factors that determine the level of productivity of a country.

What is Armenia global competitiveness rank?