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Armenia three positions up in Global Competitiveness Report 2015-2016

Armenia is ranked 82nd (up from 85th last year) in the Global Competitiveness Report 2015-2016 released by the World Economic Forum today.

Switzerland tops the ranking followed by Singapore and the United States. Armenia’s neighbors in the region are placed as follows: Georgia – 66th, Azerbaijan – 40th, Turkey 51st, Iran – 74th.

Armenia’s partners in the Eurasian Economic Union Russia and Kazakhstan are ranked 45th and 42nd respectively. Kyrgyzstan is 102nd, no data is available for Belarus.

The Global Competitiveness Report 2015-2016 assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

David Nargizian:
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