Armenia is ranked 85th in the 2014-2015  Global Competitiveness Index, released by the World Economic Forum. Switzerland is at the top of the chart, followed by Singapore, the USA, Finland and Germany.

The top ten nations are Japan, Hong Kong, the Netherlands, the UK and Sweden.

Armenia’s neighbor, Georgia, is placed 69th, Azerbaijan 38th, Turkey 45th and Russia 53rd.

The ranking methodology is based on 12 main pillars: Institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods and market efficiency, labor market efficiency, financial market development, technological readiness, market size, business sophistication and innovation.

The 2014-2015 Global Competitiveness Report  assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide. The Global Competitiveness Report ’s competitiveness ranking is based on the Global Competitiveness Index (GCI), which was introduced by the World Economic Forum in 2004. Defining competitiveness as the set of institutions, policies and factors that determine the level of productivity of a country.

The full index can be accessed here

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletters

Get notified of the latest updates from MassisPost.

You May Also Like

FM Nalbandian – Armenia Expects Israel Will Recognize the Armenian Genocide

JERUSALEM (Armradio.am) — Armenia expects Israel to recognize the Armenian Genocide, Foreign…

Ruben Vartazarian Chairman of Supreme Judicial Council Charged with Obstruction of Justice

YEREVAN — Armenia’s Supreme Judicial Council (SJC), a state body overseeing the…

Ghazir Armenian Orphans Rug Goes on Display at White House Visitor Center

WASHINGTON, DC — Lawmakers and members of the Armenian American community gathered…

Inauguration Day in Armenia

YEREVAN — The Armenian police warned on Monday that they will use…