Armenia vs Belarus: Total factoring volume to GDP

Armenia
1.6%
in 2020
Belarus
1.2%
in 2020
Armenia rank
50th
Belarus rank
53rd

Total factoring volume to GDP over time

  • Armenia
  • Belarus
00.511.5200720132020

How they compare

Armenia currently reports 1.6% against 1.2% in Belarus, a difference of 0.4%.

That makes Armenia's figure about 1.2 times Belarus's.

Across all 6 years both countries report, Armenia has been ahead every year.

Armenia ranks 50th and Belarus ranks 53rd of 73 countries.

Armenia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Armenia Belarus Difference Ahead
2010s 1.1% 0.7% 0.4% Armenia
2020s 1.6% 1.2% 0.3% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factoring volume to gdp, Armenia or Belarus?
Armenia, at 1.6% against 1.2% in Belarus as of 2020.
What is the difference in total factoring volume to gdp between Armenia and Belarus?
0.4%, with Armenia ahead.
How many years of comparable data are there for Armenia and Belarus?
6 years are reported by both, from 2015 to 2020.
How do Armenia and Belarus rank globally for total factoring volume to gdp?
Armenia ranks 50th and Belarus ranks 53rd of 73 countries.
Where does this data come from?
Factors Chain International, published as Total factoring volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Belarus: Total factoring volume to GDP. Statizoid, drawing on Factors Chain International. Retrieved 27 August 2026, from https://financial-sector.statizoid.com/compare/total-factoring-volume-to-gdp-percent/armenia/belarus/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
73 places, 947 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.