A World Bank report highlights significant gaps in digital technology adoption among Armenian firms. Limited infrastructure, financial constraints, and skill shortages hinder digital transformation. Targeted interventions, including improved internet access, skill-building, and financial incentives, are recommended. This would accelerate digital transformation and boost competitiveness.
The report identifies a digital divide in the private sector, despite Armenia’s steady economic growth. Large, well-managed firms are more likely to adopt advanced tools, while smaller firms struggle due to financial and structural barriers. Improved digital infrastructure is essential to bridge this divide and unlock the potential of digital transformation.
