Education is a particular strength in Canada (13th), with 99.8% of the population enrolling in secondary school and women spending an average of 15.7 years in school, some of the highest rates seen anywhere in the world.
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.