Statement:
It is easier to do business in Armenia than in Luxembourg
In the Ease of Doing Business rating
Armenia holds position #36 2020
out of 181 and Luxembourg is #56 out of 181 2020.
Position of Armenia is better than position of Luxembourg.
Referencies:
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Ease of Doing Business 2020 by World BankThe countries in the rating sorted by 'Score' in descending order.
Armenia 'Score' value is 74.5 Luxembourg 'Score' value is 69.6