• Population 2,951,776
  • Area (km2) 29,740
  • GDP per capita (USD) 4,212.07
  • TPES (Mtoe) 3.19
  • Energy intensity
    (toe/103 2010 USD)
  • CO2 emissions - energy (MtCO2) 5.17

Armenia’s overall risk level against
the assessed areas is low.

While Armenia has the relevant policies and measures in place, there is potential for improvement. Attention should be given to increasing the robustness of its policy goals and commitments.

risk level

Among the three EIRA risk areas, breach of State obligations and discrimination between foreign and domestic investors are lower compared to unpredictable policy and regulatory change.
  • 26%
    Unpredictable policy and regulatory changes
  • 20%
    Discrimination between foreign and domestic investors
  • 18%
    Breach of state obligations

indicator performance

Armenia’s performance is very good on two indicators, and it is good on two indicators. It has received very good scores on the indicators rule of law (82) and regulatory environment and investment conditions (81). Its score on management of decision-making processes has increased by six points and now stands at 76. The country’s score on foresight of policy and regulatory change is at 63.

Sub-indicator performance

On a more detailed level, Armenia’s overall sub-indicator performance is good. The highest-scoring sub-indicator is restrictions on FDI at 90, followed by transparency and respect for property rights at 83. The scores on the sub-indicators communication of vision and policies (81), management and settlement of investor-State disputes (80), regulatory effectiveness (72), and institutional governance (69) are the same as last year. Robustness of policy goals and commitments is the lowest-scoring sub-indicator at 44.