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ARMENIA IMPROVES ITS POSITION IN FORBES' BEST COUNTRIES FOR BUSINESS RATING BY 7 NOTCHES
ARKA
Oct 5, 2011
YEREVAN, October 5. / ARKA /. Armenia has improved its position in
Forbes' The Best Countries for Business rating moving up 7 notches to
89th place among 134 surveyed countries, according to a statement on
Forbes official website. The rating is based on such indicators as
GDP growth, per capita GDP, trade balance to GDP ratio, the number
of total population.
Armenia with 3 million population has a 2.6% GDP growth, a $5,700
per capita GDP and a negative trade balance to GDP ratio of 13.8%.
According to the rating, the top five includes Canada, New Zealand,
Hong Kong, Ireland and Denmark.
Armenia's neighbors Georgia moved from 61st position to the 50th,
Turkey went down to the 46th place from 54th, Azerbaijan rose one
point to 78th position, Russia went up to the 97th place from 102nd and
Iran was on the 125th place (last year this country was not included
in the list).
ARKA
Oct 5, 2011
YEREVAN, October 5. / ARKA /. Armenia has improved its position in
Forbes' The Best Countries for Business rating moving up 7 notches to
89th place among 134 surveyed countries, according to a statement on
Forbes official website. The rating is based on such indicators as
GDP growth, per capita GDP, trade balance to GDP ratio, the number
of total population.
Armenia with 3 million population has a 2.6% GDP growth, a $5,700
per capita GDP and a negative trade balance to GDP ratio of 13.8%.
According to the rating, the top five includes Canada, New Zealand,
Hong Kong, Ireland and Denmark.
Armenia's neighbors Georgia moved from 61st position to the 50th,
Turkey went down to the 46th place from 54th, Azerbaijan rose one
point to 78th position, Russia went up to the 97th place from 102nd and
Iran was on the 125th place (last year this country was not included
in the list).