Armenia is ranked 51st in the Global AgeWatch Index, measuring the conditions provided for their elder population in 91 states.

The ranking is based on four domains that are key enablers of older people's wellbeing: income, health, employment and education, and enabling environment

Armenia features in the lower half of the Global Age Watch Index, ranking 51. It is one of the top performers globally in terms of employment and education, ranking 3 out of 91 countries, but ranks very poorly in the health status and enabling environment domains at 75 and 80 respectively.

Armenia faces significant challenges due to rapid population ageing and the lack of reforms in place to mitigate its impact. Armenia is already considered an “ageing” country, with more than 30% of the population predicted to be aged 60 or over by 2050.

Sweden is named the best country for people aged 60 or over. Norway, Germany, the Netherlands, Canada and Switzerland are among the top counties.

As to Armenia’s neighbors included in the list, Turkey is ranked 70th, while Georgia 37th.

Overall, the experts conclude that the world is “ageing” and the world’s older population - which is defined as those over age 60 - will increase from the current 800 million to over two billion by 2050.