The Index Simulator

This simulator is for advanced users who have an understanding of the indices and have reviewed their country's ranking in those indices. The Index Simulator allows you to imagine how a change in your country's performance in an index KPI would alter its overall ranking, and to select other countries for comparison.

Country description

Armenia is an upper middle income country. It has a GDP per capita of around 7.02 Thousand USD (2022) and HDI value of 0.79 (2022)

Index description

This index assesses the competitiveness landscape of 141 economies, providing unique insight into the drivers of economic growth in the era of the Fourth Industrial Revolution. It aims to provide insights about economic growth, which remains crucial for improving living standards.

Learn more about the Global Competitiveness Index

Results for Armenia

	2019	2020	Simulator projection
Rank	70	69
Score	59.86Value: 59.86146538	61.28Value: 61.27687643	Value: 61.27687643

Comparison benchmarks

Compare to:

Top 3 in Income Group

Top 3 in Region

Compare to:

Income Group

Region

Institutions Rank 62 / Score 56.25
KPI	2020 - Armenia
KPI	Weight	Best	Worst	Aspirational value	Current Value
Business costs of organized crime	Initial Value: 1	6.78	1.49	Worst: El Salvador 1.49 Best: Finland 6.78 77.56%	5.59Value: 5.5929
Homicide rate	Initial Value: 1	61.80	0.20	Worst: El Salvador 61.80 Best: Japan 0.20 96.43%	2.4Value: 2.4
Terrorism incidence	Initial Value: 1	100.00	0.00	Worst: Pakistan 0.00 Best: Barbados 100.00 99.89%	99.89Value: 99.8938
Reliability of police services	Initial Value: 1	6.72	1.82	Worst: Venezuela 1.82 Best: Finland 6.72 64.94%	5Value: 5.00192
Social capital	Initial Value: 1	66.85	35.23	Worst: Burundi 35.23 Best: New Zealand 66.85 24.48%	42.97Value: 42.9702
Budget transparency	Initial Value: 1	89.00	0.00	Worst: Lesotho 0.00 Best: New Zealand 89.00 0%	n/aValue: n/a
Judicial independence	Initial Value: 1	6.64	1.11	Worst: Venezuela 1.11 Best: Finland 6.64 51.48%	3.96Value: 3.9571
Efficiency of legal framework in challenging regulations	Initial Value: 1	5.68	1.33	Worst: Venezuela 1.33 Best: Finland 5.68 58.64%	3.88Value: 3.88089
Freedom of the press	Initial Value: 1	78.92	7.82	Worst: China 78.92 Best: Norway 7.82 70.24%	28.98Value: 28.98
Burden of government regulation	Initial Value: 1	5.46	1.68	Worst: Brazil 1.68 Best: Singapore 5.46 64.08%	4.1Value: 4.10224
Efficiency of legal framework in settling disputes	Initial Value: 1	6.20	1.70	Worst: Venezuela 1.70 Best: Singapore 6.20 51.7%	4.03Value: 4.0263
E-Participation	Initial Value: 1	1.00	0.08	Worst: Lesotho 0.08 Best: Denmark 1.00 52.98%	0.57Value: 0.5674
Incidence of corruption	Initial Value: 1	88.00	14.00	Worst: Yemen 14.00 Best: Denmark 88.00 28.38%	35Value: 35
Property rights	Initial Value: 1	6.60	1.59	Worst: Venezuela 1.59 Best: Finland 6.60 64.57%	4.82Value: 4.82473
Intellectual property protection	Initial Value: 1	6.53	1.87	Worst: Venezuela 1.87 Best: Finland 6.53 50.57%	4.23Value: 4.22639
Quality of land administration	Initial Value: 1	28.50	2.50	Worst: Haiti 2.50 Best: Taiwan 28.50 69.23%	20.5Value: 20.5
Strength of auditing and accounting standards	Initial Value: 1	6.53	2.20	Worst: Mauritania 2.20 Best: Finland 6.53 56.79%	4.66Value: 4.65885
Conflict of interest regulation	Initial Value: 1	9.70	1.70	Worst: Ethiopia 1.70 Best: Kenya 9.70 62.5%	6.7Value: 6.7
Shareholder governance	Initial Value: 1	9.00	1.30	Worst: Haiti 1.30 Best: Kazakhstan 9.00 61.04%	6Value: 6
Government ensuring policy stability	Initial Value: 1	6.38	1.35	Worst: Venezuela 1.35 Best: Switzerland 6.38 55.72%	4.15Value: 4.15257
Government's responsiveness to change	Initial Value: 1	6.11	1.43	Worst: Venezuela 1.43 Best: Singapore 6.11 55.67%	4.04Value: 4.03557
Legal framework's adaptability to digital business models	Initial Value: 1	5.68	1.88	Worst: Yemen 1.88 Best: United States 5.68 56.04%	4.01Value: 4.00949
Government long-term vision	Initial Value: 1	6.47	1.40	Worst: Venezuela 1.40 Best: Singapore 6.47 53.62%	4.12Value: 4.1187
Energy efficiency regulation	Initial Value: 1	89.15	5.77	Worst: Mozambique 5.77 Best: Italy 89.15 46.22%	44.31Value: 44.31
Renewable energy regulation	Initial Value: 1	96.57	13.14	Worst: Kuwait 13.14 Best: Germany 96.57 63.01%	65.71Value: 65.71
Environment-related treaties in force	Initial Value: 1	29.00	11.00	Worst: Haiti 11.00 Best: Denmark 29.00 44.44%	19Value: 19
Infrastructure Rank 60 / Score 69.41
Quality of road network	Initial Value: 1	100.00	35.78	Worst: Tajikistan 35.78 Best: Saudi Arabia 100.00 35.57%	58.62Value: 58.624
Quality of road infrastructure	Initial Value: 1	6.45	1.94	Worst: Chad 1.94 Best: Singapore 6.45 37.79%	3.64Value: 3.64452
Railroad density	Initial Value: 1	281.52	0.51	Worst: Venezuela 0.51 Best: Singapore 281.52 8.39%	24.08Value: 24.0836
Efficiency of train services	Initial Value: 1	6.76	1.20	Worst: Albania 1.20 Best: Japan 6.76 34.24%	3.1Value: 3.10393
Airport connectivity	Initial Value: 1	7293520.00	4.15	Worst: Yemen 4.15 Best: United States 7293520.00 0.15%	11238.7Value: 11238.7
Efficiency of air transport services	Initial Value: 1	6.73	1.36	Worst: Lesotho 1.36 Best: Singapore 6.73 60.61%	4.61Value: 4.6149
Liner shipping connectivity	Initial Value: 1	187.78	0.57	Worst: Macedonia, FYR 0.57 Best: China 187.78	n/aValue: n/a
Efficiency of seaport services	Initial Value: 1	6.45	1.03	Worst: Tajikistan 1.03 Best: Singapore 6.45 25.65%	2.42Value: 2.41998
Electricity access	Initial Value: 1	100.00	7.76	Worst: Chad 7.76 Best: Mauritius 100.00 100%	100Value: 100
Electricity quality	Initial Value: 1	56.92	1.86	Worst: Haiti 56.92 Best: Luxembourg 1.86 83.22%	11.1Value: 11.0989
Exposure to unsafe drinking water	Initial Value: 1	83.37	0.23	Worst: Chad 83.37 Best: Netherlands 0.23 96.52%	3.12Value: 3.11944
Reliability of water supply	Initial Value: 1	6.94	1.74	Worst: Haiti 1.74 Best: Iceland 6.94 65.96%	5.17Value: 5.17008
ICT adoption Rank 59 / Score 62.02
Mobile-cellular telephone subscriptions	Initial Value: 1	259.43	37.22	Worst: Ethiopia 37.22 Best: Hong Kong SAR 259.43 37.82%	121.26Value: 121.259
Mobile-broadband subscriptions	Initial Value: 1	250.04	3.96	Worst: Chad 3.96 Best: United Arab Emirates 250.04 29.22%	75.87Value: 75.8693
Fixed-broadband internet subscriptions	Initial Value: 1	46.33	0.00	Worst: Chad 0.00 Best: Switzerland 46.33 25.41%	11.77Value: 11.7709
Fiber internet subscriptions	Initial Value: 1	31.86	0.00	Worst: Chad 0.00 Best: Korea, Rep. 31.86 17.15%	5.46Value: 5.46259
Internet users	Initial Value: 1	99.65	2.66	Worst: Burundi 2.66 Best: Qatar 99.65 64.01%	64.74Value: 64.7449
Macroeconomic stability Rank 64 / Score 75
Inflation	Initial Value: 1	465142.00	-0.01	Worst: Venezuela 465142.00 Best: Brunei Darussalam -0.01 100%	1.72Value: 1.7195
Debt dynamics	Initial Value: 1	100.00	0.00	Worst: Mozambique 0.00 Best: Australia 100.00 50%	50Value: 50
Health Rank 68 / Score 80.72
Healthy life expectancy	Initial Value: 1	74.22	46.95	Worst: Lesotho 46.95 Best: Singapore 74.22 69.24%	65.83Value: 65.8308
Skills Rank 61 / Score 66.78
Mean years of schooling	Initial Value: 1	14.13	1.37	Worst: Burkina Faso 1.37 Best: Germany 14.13 87.41%	12.52Value: 12.5232
Extent of staff training	Initial Value: 1	5.74	2.45	Worst: Mauritania 2.45 Best: Switzerland 5.74 37.65%	3.69Value: 3.68876
Quality of vocational training	Initial Value: 1	6.45	2.54	Worst: Angola 2.54 Best: Switzerland 6.45 34.71%	3.9Value: 3.89719
Skillset of graduates	Initial Value: 1	5.89	2.52	Worst: Angola 2.52 Best: Switzerland 5.89 34.19%	3.67Value: 3.67237
Digital skills among active population	Initial Value: 1	5.83	2.45	Worst: Angola 2.45 Best: Finland 5.83 61.79%	4.54Value: 4.53843
Ease of finding skilled employees	Initial Value: 1	5.32	2.76	Worst: Angola 2.76 Best: United States 5.32 49.54%	4.03Value: 4.02825
School life expectancy	Initial Value: 1	22.10	7.34	Worst: Mali 7.34 Best: Australia 22.10 38.08%	12.96Value: 12.9612
Critical thinking in teaching	Initial Value: 1	5.58	2.11	Worst: Angola 2.11 Best: Finland 5.58 43.03%	3.6Value: 3.6031
Pupil-to-teacher ratio in primary education	Initial Value: 1	69.51	8.30	Worst: Malawi 69.51 Best: Luxembourg 8.30 84.81%	17.6Value: 17.6
Product market Rank 44 / Score 59.1
Distortive effect of taxes and subsidies on competition	Initial Value: 1	5.79	1.85	Worst: Venezuela 1.85 Best: Singapore 5.79 62.25%	4.3Value: 4.30281
Extent of market dominance	Initial Value: 1	5.80	1.79	Worst: Haiti 1.79 Best: Switzerland 5.80 69.51%	4.58Value: 4.57723
Competition in services	Initial Value: 1	6.18	2.72	Worst: Ethiopia 2.72 Best: Hong Kong SAR 6.18 79%	5.45Value: 5.45326
Prevalence of non-tariff barriers	Initial Value: 1	6.02	2.98	Worst: Mauritania 2.98 Best: Singapore 6.02 47.17%	4.41Value: 4.41385
Trade tariffs	Initial Value: 1	26.95	0.00	Worst: Iran, Islamic Rep. 26.95 Best: Hong Kong SAR 0.00 84.17%	4.27Value: 4.26638
Complexity of tariffs	Initial Value: 1	7.00	1.68	Worst: Switzerland 1.68 Best: Hong Kong SAR 7.00 47.15%	4.19Value: 4.18842
Border clearance efficiency	Initial Value: 1	4.09	1.57	Worst: Angola 1.57 Best: Germany 4.09 39.83%	2.57Value: 2.57379
Labor market Rank 32 / Score 66.43
Redundancy costs	Initial Value: 1	73.60	0.00	Worst: Mauritius 73.60 Best: Denmark 0.00 82.34%	13Value: 13
Hiring and firing practices	Initial Value: 1	5.84	1.94	Worst: Venezuela 1.94 Best: Hong Kong SAR 5.84 62.05%	4.36Value: 4.35978
Cooperation in labor-employer relations	Initial Value: 1	6.12	3.00	Worst: Trinidad and Tobago 3.00 Best: Singapore 6.12 61.62%	4.92Value: 4.92249
Flexibility of wage determination	Initial Value: 1	6.20	1.97	Worst: Uruguay 1.97 Best: Estonia 6.20 79.89%	5.35Value: 5.34919
Active labor policies	Initial Value: 1	5.75	1.45	Worst: Haiti 1.45 Best: Switzerland 5.75 40.97%	3.21Value: 3.21151
Workers’ rights	Initial Value: 1	100.00	3.00	Worst: Burundi 3.00 Best: Slovak Republic 100.00	n/aValue: n/a
Ease of hiring foreign labor	Initial Value: 1	5.82	2.67	Worst: Tunisia 2.67 Best: Albania 5.82 81.24%	5.23Value: 5.22909
Internal labor mobility	Initial Value: 1	5.50	2.46	Worst: Mauritania 2.46 Best: United States 5.50 47.68%	3.91Value: 3.90945
Reliance on professional management	Initial Value: 1	6.20	2.21	Worst: Haiti 2.21 Best: Finland 6.20 51.81%	4.28Value: 4.27723
Pay and productivity	Initial Value: 1	5.55	2.10	Worst: Haiti 2.10 Best: Hong Kong SAR 5.55 61.15%	4.21Value: 4.20981
Female participation in labor force	Initial Value: 1	1.05	0.05	Worst: Yemen 0.05 Best: Lesotho 1.05 72.7%	0.78Value: 0.776952
Labor tax rate	Initial Value: 1	49.70	0.00	Worst: France 49.70 Best: Armenia 0.00 100%	0Value: 0
Financial system Rank 69 / Score 60.16
Domestic credit to private sector	Initial Value: 1	222.65	2.77	Worst: Mauritania 2.77 Best: Cyprus 222.65 20.87%	48.67Value: 48.6694
Financing of SMEs	Initial Value: 1	5.49	2.27	Worst: Haiti 2.27 Best: Finland 5.49 56.99%	4.11Value: 4.10511
Venture capital availability	Initial Value: 1	5.23	1.71	Worst: Angola 1.71 Best: United States 5.23 45.49%	3.31Value: 3.31109
Market capitalization	Initial Value: 1	1099.57	0.00	Worst: Albania 0.00 Best: Hong Kong SAR 1099.57 0.22%	2.43Value: 2.43
Insurance premiums	Initial Value: 1	16.11	0.17	Worst: Chad 0.17 Best: Taiwan 16.11	n/aValue: n/a
Soundness of banks	Initial Value: 1	6.73	1.93	Worst: Lesotho 1.93 Best: Finland 6.73 67.38%	5.16Value: 5.1644
Non-performing loans	Initial Value: 1	54.54	0.28	Worst: Ukraine 54.54 Best: Taiwan 0.28 90.5%	5.43Value: 5.43232
Credit gap	Initial Value: 1	17.15	-52.47	Worst: Oman 17.15 Best: Cyprus -52.47 26.39%	-1.23Value: -1.22561
Banks’ regulatory capital ratio	Initial Value: 1	34.67	5.05	Worst: Iran, Islamic Rep. 5.05 Best: Gambia 34.67 44.49%	18.23Value: 18.2265
Market size Rank 118 / Score 37.52
Gross domestic product	Initial Value: 1	22462.00	3.00	Worst: Seychelles 3.00 Best: China 22462.00 0.11%	27Value: 27
Imports of goods and services	Initial Value: 1	195.26	7.15	Worst: Venezuela 7.15 Best: Hong Kong SAR 195.26 26.77%	57.51Value: 57.5058
Business dynamism Rank 57 / Score 62.55
Cost of starting a business	Initial Value: 1	391.30	0.00	Worst: Venezuela 391.30 Best: Slovenia 0.00 99.8%	0.8Value: 0.8
Time to start a business	Initial Value: 1	230.00	0.50	Worst: Venezuela 230.00 Best: New Zealand 0.50 98.69%	3.5Value: 3.5
Insolvency recovery rate	Initial Value: 1	92.40	0.00	Worst: Angola 0.00 Best: Japan 92.40 41.34%	38.2Value: 38.2
Insolvency regulatory framework	Initial Value: 1	15.00	0.00	Worst: Angola 0.00 Best: Bosnia and Herzegovina 15.00 50%	7.5Value: 7.5
Attitudes toward entrepreneurial risk	Initial Value: 1	5.96	2.40	Worst: Mauritania 2.40 Best: Israel 5.96 59.56%	4.52Value: 4.52027
Willingness to delegate authority	Initial Value: 1	5.94	2.72	Worst: Mauritania 2.72 Best: Denmark 5.94 44.3%	4.15Value: 4.14648
Growth of innovative companies	Initial Value: 1	5.85	2.46	Worst: Haiti 2.46 Best: Israel 5.85 52.71%	4.25Value: 4.2467
Companies embracing disruptive ideas	Initial Value: 1	5.11	2.61	Worst: Haiti 2.61 Best: Israel 5.11 56.94%	4.03Value: 4.03349
Innovation capability Rank 62 / Score 39.39
Diversity of workforce	Initial Value: 1	5.79	2.55	Worst: Hungary 2.55 Best: Singapore 5.79 51.29%	4.21Value: 4.21179
State of cluster development	Initial Value: 1	5.50	2.21	Worst: Haiti 2.21 Best: Italy 5.50 47.7%	3.78Value: 3.77942
International co-inventions	Initial Value: 1	71.42	0.00	Worst: Angola 0.00 Best: Switzerland 71.42 1.1%	0.79Value: 0.78834
Multistakeholder collaboration	Initial Value: 1	5.44	2.35	Worst: Angola 2.35 Best: Israel 5.44 43.22%	3.69Value: 3.68553
Scientific publications	Initial Value: 1	2088.00	23.00	Worst: Cape Verde 23.00 Best: United States 2088.00 6.75%	162.33Value: 162.333
Patent applications	Initial Value: 1	490.35	0.00	Worst: Angola 0.00 Best: Japan 490.35 0.55%	2.68Value: 2.68439
R&D expenditures	Initial Value: 1	4.25	0.00	Worst: Haiti 0.00 Best: Israel 4.25 5.36%	0.23Value: 0.2277
Research institutions prominence index	Initial Value: 1	4.06	0.00	Worst: Albania 0.00 Best: United States 4.06 0.11%	0Value: 0.00430311
Buyer sophistication	Initial Value: 1	5.43	2.01	Worst: Haiti 2.01 Best: Korea, Rep. 5.43 60.96%	4.09Value: 4.09488
Trademark applications	Initial Value: 1	33703.00	0.00	Worst: Angola 0.00 Best: Malta 33703.00 2.32%	781.1Value: 781.097

Index Global Highlights

Custom Region
Average
Weighted Average by population
Highest Ranked Country		Country
		Score
		Rank
Lowest Ranked Country		Country
		Score
		Rank

Global Details
Global Average		60.64 Value: 60.6396938043972
Developed Economies Average		73.95 73.9476772947222
Developing Economies Average		56.91 56.9112910012
Highest Ranked Country	Country	Singapore
	Score	84.78 84.78381685
	Global Rank	1
Lowest Ranked Country	Country	Chad
	Score	35.08 35.08457065
	Global Rank	141
Highest Ranked Developed Country	Country	United States
	Score	83.67 83.67331572
	Global Rank	2
Lowest Ranked Developed Country	Country	Croatia
	Score	61.94 61.93813062
	Global Rank	63
Highest Ranked Developing Country	Country	Singapore
	Score	84.78 84.78381685
	Global Rank	1
Lowest Ranked Developing Country	Country	Yemen
	Score	35.5 35.50311444
	Global Rank	140

Arab Region Details
Arab Average		59.49 59.4900393578571
Arab Diversified Egypt, Iraq, Jordan, Lebanon, State of Palestine		57.26 57.25720025
Arab LDC Comoros, Djibouti, Mauritania, Somalia, Sudan, Syrian Arab Republic, Yemen		38.21 38.21129791
Highest Ranked Country	Country	United Arab Emirates
	Score	75.01 75.00738794
	Global Rank	25
Lowest Ranked Country	Country	Yemen
	Score	35.5 35.50311444
	Global Rank	140
Highest Arab Diversified Country	Country	Jordan
	Score	60.94 60.93876867
	Global Rank	70
Lowest Arab Diversified Country	Country	Egypt
	Score	54.54 54.54298964
	Global Rank	93
Highest Arab LDC	Country	Mauritania
	Score	40.92 40.91948138
	Global Rank	134
Lowest Arab LDC	Country	Yemen
	Score	35.5 35.50311444
	Global Rank	140

Economies per capita
High-Income Andorra, Antigua and Barbuda, Australia, Austria, Bahamas, Bahrain, Barbados, Brunei Darussalam, Belgium, Canada, Croatia, Nauru, Chile, Cyprus, Denmark, Puerto Rico, Taiwan, Estonia, Finland, France, Germany, Greece, Monaco, Hungary, Iceland, Ireland, Israel, Italy, Japan, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mauritius, Netherlands, New Zealand, Norway, Oman, Palau, Panama, Poland, Portugal, San Marino, Singapore, Slovak Republic, Qatar, Korea, Rep., Romania, St. Kitts and Nevis, Saudi Arabia, Seychelles, Slovenia, Spain, Sweden, Switzerland, Trinidad and Tobago, United Arab Emirates, United Kingdom, United States, Czech Republic, Hong Kong SAR			72.64 72.6369812877359
Upper-Middle-Income Albania, Argentina, Armenia, Azerbaijan, Belarus, China, Belize, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Colombia, Costa Rica, Dominica, Dominican Republic, Ecuador, Equatorial Guinea, Fiji, Gabon, Georgia, Grenada, Guatemala, Guyana, Indonesia, Iran, Islamic Rep., Iraq, Jamaica, Jordan, Kazakhstan, Libya, Malaysia, Maldives, Marshall Islands, Mexico, Montenegro, Namibia, Paraguay, Peru, Russian Federation, St. Lucia, St. Vincent and the Grenadines, Samoa, Serbia, Kosovo, Suriname, Thailand, Tonga, Turkey, Turkmenistan, Tuvalu, Venezuela, South Africa, North Macedonia			60.03 60.0331775848485
Lower-Middle-Income Algeria, Angola, Bangladesh, Benin, Bhutan, Bolivia, Cambodia, Cameroon, Cape Verde, Myanmar, Comoros, Congo, Rep., Djibouti, Egypt, El Salvador, Eswatini, Ghana, Honduras, India, Kenya, Kiribati, Kyrgyz Republic, Lao PDR, Lebanon, Lesotho, Mauritania, Micronesia, Mongolia, Morocco, Nepal, Nicaragua, Nigeria, Pakistan, Papua New Guinea, Philippines, Moldova, Sao Tome and Principe, Senegal, Solomon Islands, Sri Lanka, Timor-Leste, Tunisia, Ukraine, Tanzania, Uzbekistan, Vanuatu, Viet Nam, Uruguay, Zimbabwe, Zambia, Cote d'Ivoire, State of Palestine			52.01 52.0120234039474
Low Income Afghanistan, Chad, Burkina Faso, Burundi, Korea Dem Rep., Congo, Democratic Rep., Eritrea, Ethiopia, Gambia, Guinea, Haiti, Malawi, Mali, Guinea-Bissau, Liberia, Madagascar, Mozambique, Niger, Somalia, Rwanda, Togo, Sierra Leone, South Sudan, Sudan, Syrian Arab Republic, Tajikistan, Uganda, Yemen, Central African Republic			42.85 42.847444835625

Oil Exporting/Importing
Oil Exporting Average Albania, Algeria, Angola, Argentina, Australia, Azerbaijan, Bahrain, Barbados, Brunei Darussalam, Chad, China, Belize, Bolivia, Brazil, Cameroon, Canada, Colombia, Congo, Rep., Congo, Democratic Rep., Denmark, Ecuador, Egypt, Equatorial Guinea, Estonia, Gabon, Georgia, Germany, Greece, Guatemala, Indonesia, Iran, Islamic Rep., Iraq, Ireland, Kazakhstan, Kuwait, Libya, Lithuania, Malaysia, Mauritania, Mexico, Mongolia, Netherlands, New Zealand, Nigeria, Norway, Oman, Papua New Guinea, Peru, Philippines, Poland, Slovak Republic, Qatar, Russian Federation, Saudi Arabia, South Sudan, Sudan, Suriname, Syrian Arab Republic, Thailand, Timor-Leste, Trinidad and Tobago, Tunisia, United Arab Emirates, United Kingdom, United States, Venezuela, Viet Nam, Yemen		62.35 62.3500322659649
Oil Importing Average Afghanistan, Andorra, Antigua and Barbuda, Armenia, Austria, Bahamas, Bangladesh, Belarus, Belgium, Benin, Bhutan, Bosnia and Herzegovina, Botswana, Bulgaria, Burkina Faso, Burundi, Cambodia, Cape Verde, Croatia, Korea Dem Rep., Myanmar, Nauru, Chile, Comoros, Costa Rica, Cyprus, Djibouti, Dominica, Dominican Republic, El Salvador, Puerto Rico, Taiwan, Eritrea, Eswatini, Ethiopia, Fiji, Finland, France, Gambia, Ghana, Grenada, Guinea, Haiti, Malawi, Mali, Monaco, Guinea-Bissau, Guyana, Honduras, Hungary, Iceland, India, Israel, Italy, Jamaica, Japan, Jordan, Kenya, Kiribati, Kyrgyz Republic, Lao PDR, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Luxembourg, Madagascar, Maldives, Malta, Marshall Islands, Mauritius, Micronesia, Montenegro, Morocco, Mozambique, Namibia, Nepal, Nicaragua, Niger, Pakistan, Palau, Panama, Paraguay, Portugal, San Marino, Singapore, Somalia, Korea, Rep., Moldova, Romania, Rwanda, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Samoa, Sao Tome and Principe, Senegal, Serbia, Seychelles, Togo, Kosovo, Sierra Leone, Slovenia, Solomon Islands, Spain, Sri Lanka, Sweden, Switzerland, Tajikistan, Tonga, Turkey, Turkmenistan, Tuvalu, Uganda, Ukraine, Tanzania, Uzbekistan, Vanuatu, Uruguay, Czech Republic, Hong Kong SAR, Zimbabwe, Zambia, Central African Republic, Cote d'Ivoire, South Africa, State of Palestine, North Macedonia		59.51 59.5050486278313
Oil Exporting Best	Country	United States
	Score	83.67 83.67331572
	Global Rank	2
Oil Exporting Worst	Country	Chad
	Score	35.08 35.08457065
	Global Rank	141
Oil Importing Best	Country	Singapore
	Score	84.78 84.78381685
	Global Rank	1
Oil Importing Worst	Country	Haiti
	Score	36.34 36.34444598
	Global Rank	138

OECD
OECD Average		74.4 74.3975774891892
OECD Developed Average Australia, Austria, Belgium, Canada, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, Czech Republic		75.08 75.0813689012122
OECD Developing Average Chile, Colombia, Mexico, Korea, Rep., Turkey		67.99 67.994080848
OECD Best	Country	United States
	Score	83.67 83.67331572
	Global Rank	2
OECD Worst	Country	Turkey
	Score	62.14 62.13621449
	Global Rank	61
OECD Developed Best	Country	United States
	Score	83.67 83.67331572
	Global Rank	2
OECD Developed Worst	Country	Greece
	Score	62.58 62.58073012
	Global Rank	59
OECD Developing Best	Country	Korea, Rep.
	Score	79.62 79.61901693
	Global Rank	13
OECD Developing Worst	Country	Turkey
	Score	62.14 62.13621449
	Global Rank	61

Arab region
Simple Average		58.9
Weighted Average by population		42.11
Highest Ranked Country	Country	United Arab Emirates
	Score	75.01
	Rank	25
Lowest Ranked Country	Country	Yemen
	Score	35.5
	Rank	140

AMU
Simple Average		53.4
Weighted Average by population		52.67
Highest Ranked Country	Country	Morocco
	Score	60.01
	Rank	75
Lowest Ranked Country	Country	Mauritania
	Score	40.92
	Rank	134

East Asia and Pacific
Simple Average		67.85
Weighted Average by population		68.06
Highest Ranked Country	Country	Singapore
	Score	84.78
	Rank	1
Lowest Ranked Country	Country	Lao PDR
	Score	50.1
	Rank	113

Europe and Central Asia
Simple Average		68.88
Weighted Average by population		66.71
Highest Ranked Country	Country	Netherlands
	Score	82.39
	Rank	4
Lowest Ranked Country	Country	Tajikistan
	Score	52.4
	Rank	104

Latin America and The Caribbean
Simple Average		56.75
Weighted Average by population		58.51
Highest Ranked Country	Country	Chile
	Score	70.54
	Rank	33
Lowest Ranked Country	Country	Haiti
	Score	36.34
	Rank	138

North America
Simple Average		81.63
Weighted Average by population		85.05
Highest Ranked Country	Country	United States
	Score	83.67
	Rank	2
Lowest Ranked Country	Country	Canada
	Score	79.59
	Rank	14

South Asia
Simple Average		54.41
Weighted Average by population		58.1
Highest Ranked Country	Country	India
	Score	61.36
	Rank	68
Lowest Ranked Country	Country	Pakistan
	Score	51.36
	Rank	110

Sub-Saharan Africa
Simple Average		47.44
Weighted Average by population		44.44
Highest Ranked Country	Country	Mauritius
	Score	64.27
	Rank	52
Lowest Ranked Country	Country	Chad
	Score	35.08
	Rank	141

Organization of Islamic Cooperation
Simple Average		54.61
Weighted Average by population		47.66
Highest Ranked Country	Country	United Arab Emirates
	Score	75.01
	Rank	25
Lowest Ranked Country	Country	Chad
	Score	35.08
	Rank	141

Simulator Projection

		Simulated
Rank:
Score:

The Index Simulator

Country description

Index description

Results for Armenia

Comparison benchmarks

Index Global Highlights

Custom Region

Global Details

Arab Region Details

Economies per capita

Oil Exporting/Importing

OECD

Arab region

AMU

East Asia and Pacific

Europe and Central Asia

Latin America and The Caribbean

North America

South Asia

Sub-Saharan Africa

Organization of Islamic Cooperation

Simulator Projection

Policies