Armenia is in 76th place
Armenia is in 76th place among 169 countries with human development, that is, the group "High Human Development".
According to individual coefficients of the Human Development Report, the expected lifespan, involvement in education and the level of literacy, the amount of GDP per capita and Armenia's indicators are not too different from those of its neighboring countries.
Russia is in 65th, while Azerbaijan, Iran and Georgia are in 67th, 70th and 74th respectively. Turkey is in 83rd on the indicator scale.
Armenia exceeds other countries of the South Caucasus with its life expectancy indicator, is close to Georgia and Azerbaijan with its school enrollment indicator and far ahead of Iran and Turkey. However, Armenia is behind in terms of well-being.
RA Deputy Minister of Economy Ara Petrosyan attended the meeting and mentioned that Armenia is keeping human development in the center of attention. "It is not only about the policy on economic growth, but the expansion of human reforms," said the Deputy Minister of Economy.
He also mentioned that the Armenian government places importance on the development of education and science since having a low level in the 21st century means having a low living standard.
The report states that people are the real wealth of nations.
