The Integrated Living Conditions Survey (ILCS), conducted annually by the RA NSS (Republic of Armenia National Statistical Service), formed the basis for most of the empirical analyses in the report. The ILCS is a universally recognized best-practice statistical survey for collecting data to inform about the living standards of households. ILCS comprises comprehensive and valuable data on the welfare of households and separate individuals which affords the NSS an opportunity to provide the public with up to date information on the population’s income, expenditures, the level of poverty and the other changes in living standards on an annual basis.