Sectorial Brochure IT Sector of Armenia/ BA | Page 7

COMPETITIVE ADVANTAGE IN INTERNATIONAL RANKINGS £ The Global Innovation Index 2017 has ranked Armenia as an innovation achiever: a category comprising 17 economies, which outperform in innovation relative to their level of development 59 Global Innovation Index (out of 127) th 17 th nd ICT services exports, % total trade 22 Innovation E ciency Ratio 11 th Trademarks by origin/bn PPP $ GDP th 68 ICTs & business model creation 58 £ th ICTs & organizational model creation Global Competitiveness Index 2017-2018 has placed Armenia in the group of e ciency-driven countries 33 rd Quality of math and science education (out of 137) £ Based on the Global Information technology report 2016 among low to average income countries Armenia has significantly higher scores. One of the most significant advantages is the high level of the competitiveness in telephone and the Internet industry, as well as the mobile phone coverage 6