Region: Central Eastern Europe and Central Asia
Global Rank: 95 of 125
Regional Rank: 18 of 24
Armenia’s IPRI score increased by 0.588 to 4.714 placing it 18th in the Central Eastern Europe and Central Asia region and 95th in the world. Armenia is classified by the IMF as part of the Commonwealth of Independent States group and by the World Bank as Lower middle income country.
Armenia’s Legal and Political Subindex increased by 0.021 to 4.165 with scores of 3.867 in Judicial Independence, 4.789 in Rule of Law, 4.142 in Political Stability, and 3.862 in Control of Corruption.
Armenia’s Physical Property Rights Subindex increased by 1.600 to 6.773 with scores of 5.664 in perception of Property Rights Protection, 9.780 in Registering Property, and 4.876 in Ease of Access to Loans.
Armenia’s Intellectual Property Rights Subindex increased by 0.144 to 3.205 with scores of 5.010 in perception of Intellectual Property Protection, data wasn't available to measure Patent Protection, and 1.4 in Copyright Protection.
Armenia is a member of the following regional integration agreements
- Commonwealth of Independent States