The Business Software Alliance (BSA) published the report Seizing Opportunity Through License Compliance, according to which Armenia and other South Caucasus nations lead the list of countries that use unlicensed software. According to the report, 86% of Armenia’s software, 84% of that of Georgia and Azerbaijan is unlicensed. Armenia has a commercial value of $13 million, while Georgia and Azerbaijan have $25 million and $90 million-worth markets, respectively. The situation has slightly improved in the last several years, however, as Armenia held a 90% rate in 2009. The worst indicators were registered in Libya and Zimbabwe (both at 90%), followed by Venezuela (88%), Yemen (87%), Armenia, Moldova and Bangladesh (86% each), Belarus (85%), Azerbaijan, Georgia and Indonesia (84% each).