File:GDP at market prices AMD.svg
![File:GDP at market prices AMD.svg](https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/GDP_at_market_prices_AMD.svg/786px-GDP_at_market_prices_AMD.svg.png?20221209170757)
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The 2020 issue of the Heritage Foundation's Index of Economic Freedom places Armenia in 34th place and categorizes it as "largely free," an improvement of 13 places. This places the country ahead of several EU economies and at the top among other EEU nations (France, Spain, Italy, Belgium, and others). Doing Business' 2020 report places Armenia in 47th out of 190 economies, scoring 74.5. Armenia outperforms the typical regional score of 90.5 and comes in 10th position in the "starting a business" sub-index with a score of 96.1. (Europe and Central Asia).
In the Global Competitiveness Index 2019 study, Armenia is ranked 69th out of 141 economies. According to figures from the Asian Development Bank, the Armenian economy expanded by 7.6% in 2019—the most significant GDP growth since 2007 and the fastest increase among peers. The bar chart below shows the growth rate from 2007 to 2019 per year.
Summary
[edit]DescriptionGDP at market prices AMD.svg |
English: This is the visualization of GDP at market prices |
Date | |
Source | Own work |
Author | Anahit Mkrtchyan 1 |
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current | 17:07, 9 December 2022 | ![]() | 786 × 565 (23 KB) | Anahit Mkrtchyan 1 (talk | contribs) | Uploaded while editing "Draft:ARMENIAN ECONOMIC ACTIVITY" on en.wikipedia.org |
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Width | 786px |
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Height | 565px |