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National Blueprint · One of 195

Armenia

A mountain nation of 3.1 million in the South Caucasus, growing 5.5% in 2026 on IMF projections, which borrows from the World Bank for health and energy and raised its own contribution to the Bank’s fund for the poorest nations by 30% in 2025.

Perfect Nations values what Armenia owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).

Armenia at a glance

Work with usRead the Letter to Armenia

What we do for Armenia

Assets. Capital. Solutions.

Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.

  1. 01AssetsThe cupFive sovereign assets, valued, from The Minerals to The People.
  2. 02CapitalThe laurels4 instruments and investments on record, every one sourced.
  3. 03SolutionsThe seven starsSeven basic standards of living, star by star. Shelter is furthest from reach today.

The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.

01Assets · The cup · Sovereign Assets

Five assets no balance sheet counts.

Each is owned today, earns today, and can carry Armenia toward seven basic standards of living for every citizen.

  • 6.8%Of GDP from mineral rents, 2021

    The Minerals

    Copper and molybdenum mines that already earn: value to keep at home.

  • 30%Of electricity from renewable sources, 2021

    The Clean Grid

    Three tenths of the power from water and sun, with room for much more.

  • 5.4%Of GDP sent home by citizens abroad, 2025

    The Diaspora

    Armenians abroad send home a steady share of the economy.

  • 58.6%Of the land in agriculture, 2023

    The Farmland

    Land that can feed the nation and earn abroad, valued and financed against its harvest.

  • 3.1mCitizens, 2025

    The People

    19% are under fifteen: the workforce and the market of the next generation.

Every figure, with its sourceThe Sovereign Assets ledger

02Capital · The laurels · Capital Architecture

A borrower that also gives: health, energy and investment.

Bonds, guarantees, swaps and loans that raise capital against what Armenia owns, every line sourced.

Capital Architecture

The record in figures

  • $109.4MEnabling Universal Health Coverage Program, approved June 2024World Bank, 2024
  • $100MTourism infrastructure to create jobs and attract private investment, April 2025World Bank, 2025
  • 46.9%General government gross debt, share of GDP, 2025IMF, WEO Oct 2026
  • 5.4%Remittances received from citizens abroad, share of GDP, 2025World Bank, 2025

Capital already committed

  • MultilateralApprovedEnabling Universal Health Coverage Program$109.4M

    World Bank · Approved 28 June 2024

    Brings universal health coverage within reach.

    World Bank

    Source
  • MultilateralApprovedLocal tourism infrastructure$100M

    World Bank · April 2025

    Jobs and private investment through stronger local tourism infrastructure.

    World Bank

    Source
  • MultilateralApprovedSecond Green, Resilient and Inclusive Development Policy Operation$100M

    World Bank · Approved 24 April 2024

    Budget support for green and inclusive reforms.

    World Bank

    Source
  • MultilateralApprovedEnabling the Energy Transition Program$40M

    World Bank · Approved 30 May 2024

    Supports the shift to clean power.

    World Bank

    Source

Already working in Armenia.

Independent firms and social enterprises already at work in Armenia, highlighted by Perfect Nations. None is a partner of Perfect Nations.

Suggest an enterprise

  • The first firms and social enterprises at work in Armenia are being gathered.

    Name one already at work there: it may be highlighted here, with its source.

03Solutions · The seven stars · Perfect Capita

Perfect Armenia, star by star.

Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with Armenia in its own prices.

How Perfect Capita works
Armenia: the seven stars of the logo, one for each basic standard of living, rising from the cup; Food is the larger centre star. Each star carries the figure for Armenia.WATER82.1%SHELTER10.7%ENERGY99%FOOD92.2%EDUCATION72.8HEALTH69LIVELIHOOD52.6%
10.7%
Shelter · furthest from reachSafely managed sanitation; 8.4% of city dwellers live in slumsWHO/UNICEF, 2024

Tap a star for its figure and source.

The price of Perfect Armenia

To be set with Armenia, from its own figures and in its own prices: Perfect Capita times the people of Armenia, each year.

Read more
  • Food92.2%Not food insecure; 7.8% are moderately or severely food insecureFAO, 2023
  • Water82.1%Safely managed drinking waterWHO/UNICEF, 2024
  • Shelter10.7%Safely managed sanitation; 8.4% of city dwellers live in slumsWHO/UNICEF, 2024
  • Energy99%99% cook with clean fuels and technology; 100% have electricityWorld Bank, 2024
  • Education72.872.8% of children read a simple text by the end of primary school; 2019, datedWorld Bank, 2019
  • Health69WHO service coverage indexWHO, 2023
  • Livelihood52.6%Above US$8.30 a day; 47.4% live below itWorld Bank, 2024

Perfect Nations estimate, to be confirmed with Armenia. Figures marked dated rest on surveys more than five years old; lenient measures are marked as such. The strict measures

Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking; where electricity per person is not published, clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group (US$8.30 a day for high-income nations). Each figure links to its source.

Solutions for Perfect Armenia

All Solutions

  • The Solution for ArmeniaShelter

    Ring-fence bond money for homes and sanitation.

    • 01The challenge89.3% Of Armenians lack safely managed sanitation. WHO/UNICEF, 2024
    • 02The dealSocial bond, proved in Ecuador, 2020: $400M for affordable homes. Inter-American Development Bank, 2020
    • 03What Perfect Nations advisesNations where shelter is furthest from reach should issue a social bond whose proceeds can be spent only on eligible homes, toilets and sewers. With super intelligence, each unit can be planned, priced and verified, and reported to investors every year, until every family has a safe home.
    Co-design it inThe ReDesign StudioThe three mandates
Perfect Nations® · Letters to the NationsArmenia

Dear Armenia,

You are a small nation with a great diaspora, and this year your economy grows by 5.5%.

Read more

You now give more to the world’s poorest nations as you borrow for your own health and energy. Only one in ten of you has safely managed sanitation. Let the next investment reach the pipes beneath every home.

“A nation that gives to others can finance clean water and sanitation for its own.”

Yours in design,Preeti SinhaPresident and CEO, Perfect Nations

Work with us · The ReDesign Studio

The Perfect Armenia ReDesign Studio

One mission, three depths: the same four moves for Armenia, taken as far toward market as you choose.

Read more

For the Government of Armenia, its development partners and investors. Scope and fees are agreed in writing before any work begins.

  1. 01Identify the assets
  2. 02Estimate Perfect Capita
  3. 03Co-design the capital architecture
  4. 04Launch the instruments

  1. Mandate 013 hours

    The Nation Briefing

    A private session for the people who decide.

    You leave withThe gap, named and sized

    Read more
    1. 01The five sovereign assets on this page, walked through.
    2. 02Shelter, the standard furthest from reach, and the Gap, explained.
    3. 03The instruments that could close the Gap, shortlisted.
    4. 04The path to market, outlined.
    Request a Nation Briefing

  2. Mandate 023 days

    The Blueprint Lab

    Your team and ours, working the blueprint together.

    You leave withThe structure, drawn

    Read more
    1. 01The ledger tested against your ministries’ own data.
    2. 02Each of the seven standards costed in local prices.
    3. 03One financing structure, drawn with your team.
    4. 04A term sheet and the partners to approach.
    Plan a Blueprint Lab

  3. Mandate 03End to end

    The Sovereign Mandate

    Led personally by the President and CEO.

    You leave withA structure ready for market

    Read more
    1. 01A full sovereign asset ledger, valued and verified.
    2. 02Perfect Capita set and agreed with government, with a monitoring plan.
    3. 03The full structure: legal form, credit enhancement, guarantees and pricing.
    4. 04Taken to investors and development partners, through to close.
    Discuss a Sovereign Mandate

Co-design it with us

Where Armenians and Co-designers design the nation they want to live in.

  • Writings

    Write Perfect Armenia into being.

    Up to 1,500 words on your vision of Perfect Armenia, published with your name.

    Submit your writing

  • Voices of Perfect Nations Launching soon

    The local leaders already building Perfect Armenia.

    Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does Armenia already own, and how could it pay for a decent life for every citizen?”

    Nominate yourselfSuggest a guest

  • Co-designers

    Join the community.

    Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect Armenia.

    Become a Co-designer

The Armenia ReDesign Studio is open

Design Perfect Armenia with us.

Share your vision, suggest a guest, or write to us: every message receives a personal reply.

Enter the ReDesign StudioWrite to usAll 195 nations
Sources
  1. World Bank, World Development Indicators (API), accessed 10 November 2026: population and ages 0 to 14, 2025; land area and agricultural and forest land; renewable fresh water per person, 2022; natural resource, oil, gas and mineral rents, 2021; renewable electricity output, 2021; tourism receipts; personal remittances; electricity access and clean cooking.
  2. The seven standards: FAO food insecurity, WHO/UNICEF JMP water and sanitation, UN-Habitat urban slums, World Bank clean cooking, learning poverty and lower-secondary completion, and poverty headcounts (all via the World Bank); WHO UHC service coverage index, 2023.
  3. IMF, World Economic Outlook, October 2026 (DataMapper, accessed 10 November 2026): general government gross debt, 2025, and real GDP growth projected for 2026.
  4. World Bank press releases of 17 April 2025, 15 September 2025, 23 December 2025 and 30 March 2026; World Bank projects P179482, P179849 and P179336.
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