BUSINESS ENVIRONMENT IMPROVEMENT

Improving the business and investment environment is one of the key conditions for the economic development of the Republic of Armenia. To achieve this, the Government of RA aims to create a simple, transparent, and cost-efficient framework of state regulations, services, and administrative procedures for business activity, ensure equal competitive conditions, develop market infrastructure that supports entrepreneurship, and implement a balanced tax and customs policy.

To implement reforms in this area, the Government has adopted 12 programs aimed at improving the business environment, through the mentioned decrees (RA Government Decree No. 775 of 2008; No. 97-N of 2010; No. 1768 of 2010; No. 1930-N of 2011; No. 240-A of 2013; No. 258-A of 2014; No. 265-N of 2015; No. 110-A of 2016; No. 24 of 2017; No. 477-A of 2018; No. 560-L of 2019; and No. 246-L of 2020).

WORLD BANK’S BUSINESS READY (B-READY) REPORT

The World Bank’s Business Ready (B-READY) report evaluates regulations that directly affect the business environment, providing a framework for international comparisons across 101 economies.

ARMENIA IN B-READY 2025

According to the B-READY 2025 ranking report published by the World Bank on December 29, 2025, Armenia achieved above-average results, placing it among countries in the Europe and Central Asia region with the most stable business environments.

Overall, Armenia scored 66.7 points, exceeding the average score of the 101 evaluated countries (60.1 points) by 6.6 points. This result confirms Armenia’s position as a dynamically developing economy with an above-average business environment.

Armenia recorded its highest score in the “Starting a Business” category, achieving 96 points, which secured a leading position among the 101 countries.

Other high-performing areas include:

• Financial Services – 85.04 points
• Utilities – 72.52 points
• Business Location – 68.49 points
• Taxation – 67.50 points
• Labor – 67.0 points

In these areas, Armenia exceeded global averages, ranking among countries with high evaluation scores.

Despite generally positive assessments, the report highlights potential areas for further improvement:

• Market Competition – 58.21 points
• Dispute Resolution – 57.96 points
• International Trade – 55.26 points
• Business Insolvency – 39.17 points