Women’s parliamentary representation in Armenia doubles, climbing to 24 percent.

Armenia climbed 18 places, to 82, also driven mainly by women’s financial inclusion, which improved from 15 to 41 percent, and parliamentary representation, which more than doubled from 10 to 24 percent. Financial literacy programs for women were introduced in rural areas, and gender quotas of 25 percent were implemented in 2016, rising to 30 percent for future election cycles.

However, while the constitution guarantees equal rights for men and women, including in access to credit and property, there is no legislation prohibiting gender-based discrimination by creditors. Financial power is often entrusted to the “head of the household,” which is almost always a man due to deeply rooted norms, and women are frequently identified as “wives” of workers and farmers rather than as property owners in their own right.