Armenia

Europe & Central AsiaUpper middle incomeISO ARM

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New business density

4.12

per 1,000 adults · 2024

Global rank #63 · Europe & Central Asia #26/50

New business registrations

8,381

companies / year · 2024

Global rank #93 · Europe & Central Asia #36/50

New business density over time

Country context

Employers

0.8

% of employment · 2025

GDP per capita

$9,474

current US$ · 2025

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<iframe src="https://entrpr.com/embed/armenia.html" width="440" height="180" style="border:0;overflow:hidden" title="Armenia entrepreneurship rate by entrpr.com" loading="lazy"></iframe>

Sources

New business density: World Bank, IC.BUS.NDNS.ZS
New business registrations: World Bank, IC.BUS.NREG
Employers: World Bank, SL.EMP.MPYR.ZS
GDP per capita: World Bank, NY.GDP.PCAP.CD

All figures are the most recently reported year for Armenia. Data licensed CC BY 4.0. Last refreshed 01 July 2026.