Insights

As of the end of 2024, ACBA Leasing is the largest leasing provider in Armenia by leasing portfolio among commercial banks and credit organizations. ACBA Leasing holds a leasing portfolio of AMD 93 billion, followed by Ameriabank with AMD 50 billion and Inecobank with AMD 25 billion.

As of the end of 2024, AREGAK UCO is the largest credit organization in Armenia by credit portfolio among credit organizations not affiliated with commercial banks or public entities. AREGAK UCO holds a credit portfolio of AMD 30 billion, followed by FINCA UCO with AMD 22 billion and Global Credit UCO with AMD 19 billion. […]

In 2024, 39% of the taxpayers on Armenia’s list of the 1000 largest taxpayers were involved in trade. These 385 large taxpayers contributed AMD 637 billion to the state budget, representing 27% of the total revenue collected by the SRC. Other major taxpaying sectors include manufacturing and financial and insurance activities. The large taxpayers in […]

In 2024, 80 IT companies were among the 1,000 largest taxpayers, contributing a total of AMD 84.4 billion to the state budget. This marks an increase of AMD 452 million compared to the contributions of IT companies among the 1,000 largest taxpayers in 2023. The IT companies included in the list of 1000 largest taxpayers […]

Armenia ranks 70 among 165 countries in 2023 AI Preparedness Index (AIPI). With a score of 0.49, Armenia slightly outperforms countries such as Kyrgyzstan (0.43), Belarus (0.47), and Azerbaijan (0.47). Nonetheless, it trails behind countries like Estonia (0.76), Spain (0.65), Portugal (0.65), the UAE (0.63), and Romania (0.58). AI Preparedness Index assesses nations’ readiness to […]

Modex advisory, as part of the “Enhancing Economic Stability in Armenia, Georgia, and Moldova” project, coordinated by the Polish CASE – Center for Social and Economic Research, has developed a comprehensive report aimed at identifying the sources of Armenia’s vulnerabilities from macroeconomic, structural, and institutional perspectives. The report examines Armenia’s recent domestic and foreign political […]

Armenia ranks 55 among 134 countries in 2023 Global Talent Competitiveness Index (GTCI). Armenia ranks relatively high in attracting (41st) and retaining (44th) talents, while ranks low in growing (91st) and enabling (70th) them With a score of 46.67, Armenia surpasses countries such as Türkiye (40.20), Kazakhstan (38.58), and Azerbaijan (46.19), as well as the […]

As of October 2024, the number of PMP-certified professionals in Armenia reached 429, a 64% increase compared with July 2022. In 2024 Armenia leads CIS countries by the number of active PMP certificate holders per million population.