The London-based Legatum Institute has issued its latest Prosperity Index, with Armenia placed 95th in rankings that aim to reflect overall wealth, health, and happiness.

Armenia took the 129th spot for economic situation, 49th for education, 87th for healthcare, 126th for personal freedom, 56th for safety and security, 68th for entrepreneurship & opportunity, 88th for governance, 124th for social capital.

The index assesses 142 countries.

Legatum Institute's 2014 Prosperity Index reveals Norway as the most prosperous country in the world, followed by Switzerland and New Zealand, while the Central African Republic finishes bottom of the rankings.

France came 21st in the list, Spain 26th and Italy 37th, while Russia is the worst performing country in Europe, falling seven places to 68th.