Armenia

  • Population 2,944,809
  • Area (km2) 29,740
  • GDP per capita (USD) 3,914.50
  • TPES (Mtoe) 3.03
  • Energy intensity
    (toe/103 2010 USD)
    0.26
  • CO2 emissions - energy (MtCO2) 4.90
download amrenia's eira 2019 profile

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.

  • 29%
    Unpredictable policy and regulatory changes
  • 22%
    Discrimination between foreign and domestic investors
  • 18%
    Breach of state obligations

indicator performance

Armenia’s performance against EIRA’s four indicators is good. It has received 82 points on the indicator rule of law. On regulatory environment and investment conditions it has retained a very good score of 81. Management of decision-making processes is once again at 70 points. The performance on foresight of policy and regulatory change has improved by a point and stands 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 with 90 points. It is followed by transparency and respect for property rights, both with 83 points. On communication of vision and policies (82), it has retained the score from last year. The sub-indicator management and settlement of investor-State disputes is at 80. The scores for regulatory effectiveness (72) and institutional governance (56) are the same as in 2018. Robustness of policy goals and commitments is the lowest scoring sub-indicator though it has improved from 41 to 44 points.