Armenia (61st) has seen its prosperity improve most in Eastern Europe over the past decade, rising almost 20 places. It has made significant progress in decreasing levels of crime, halving its homicide rate since 2011.
Read MoreArmenia is 61st in the overall Prosperity Index rankings. Since 2011, Armenia has moved up the rankings table by 17 places.
Armenia performs most strongly in Enterprise Conditions and Education but is weakest in Social Capital. The biggest improvement compared to a decade ago came in Governance.
Visit our Rankings table to see how Armenia compares to other countries.