Statement:
It is harder to do business in Honduras than in Armenia

In the Ease of Doing Business rating Honduras holds position #104 ²⁰²⁰ out of 181 and Armenia is #36 out of 181 ²⁰²⁰.
Position of Honduras is worse than position of Armenia.

Referencies:

1. Ease of Doing Business ²⁰²⁰ by World Bank

   The countries in the rating sorted by 'Score' in descending order.

   Armenia	'Score' value is	74.5
   Honduras	'Score' value is	56.3