Sweden (2nd) is the Western European country whose prosperity has deteriorated the most over the last ten years. Since 2011, it has experienced a deterioration in six of the Index’s 12 pillars, with the greatest deteriorations seen in Governance, Social Capital, and Investment Environment.
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.