Starting a business - Score in Armenia
Armenia: Starting a business - Score was 96.09 in 2019. ▲ Rising
Starting a business - Score in Armenia, 2003–2019
Source: World Bank.
Analysis
Armenia recorded 96.09 for starting a business - score in 2019. That is the highest value across all 17 years on record.
That represents a change of up 8.1% over ten years.
Over the whole period, starting a business - score in Armenia peaked at 96.09 in 2019 and was at its lowest, 80.98, in 2003.
Armenia ranks 10th of 191 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business - Score in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 80.98 | — |
| 2004 | 81.21 | +0.3% |
| 2005 | 81.35 | +0.2% |
| 2006 | 83.24 | +2.3% |
| 2007 | 83.3 | +0.1% |
| 2008 | 83.5 | +0.2% |
| 2009 | 88.93 | +6.5% |
| 2010 | 88.87 | -0.1% |
| 2011 | 93.35 | +5.0% |
| 2012 | 93.39 | +0.0% |
| 2013 | 94.32 | +1.0% |
| 2014 | 94.33 | +0.0% |
| 2015 | 94.34 | +0.0% |
| 2016 | 94.35 | +0.0% |
| 2017 | 94.35 | +0.0% |
| 2018 | 96.08 | +1.8% |
| 2019 | 96.09 | +0.0% |
Armenia compared with similar countries
- Armenia's 96.09 is above the median for upper middle income countries, which is 86.74, 1.1× the median. (56 countries reporting)
- Armenia's 96.09 is above the median for Europe & Central Asia, which is 92.32, 1.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.21 | 80.98 | 88.93 | 7 |
| 2010s | 93.95 | 88.87 | 96.09 | 10 |
Countries ranked near Armenia
- 7 Australia 96.6 compare
- 8 Uzbekistan 96.16 compare
- 9 Azerbaijan 96.16 compare
- 11 Greece 96 compare
- 12 Kosovo 95.88 compare
- 12 Kosovo (UNSCR 1244) 95.88 compare
More private sector data for Armenia
- Merchandise trade 73.3% (2025)
- Food imports 8.4% (2024)
- Manufactures imports 43.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Food exports 9.4% (2024)
- Manufactures exports 29.5% (2024)
- Merchandise exports 8.39 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,720 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2871 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.88 % change on previous year (2025)
Frequently asked questions
- What is starting a business - score in Armenia?
- Starting a business - score in Armenia was 96.09 in 2019, according to the World Bank.
- What is the highest starting a business - score recorded in Armenia?
- The highest recorded value was 96.09 in 2019.
- What is the lowest starting a business - score recorded in Armenia?
- The lowest recorded value was 80.98 in 2003.
- How does Armenia rank for starting a business - score?
- Armenia ranks 10th out of 191 countries with data for 2019.
- Is starting a business - score rising or falling in Armenia?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from the World Bank, published as part of Starting a business - Score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The score for starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.