Bank branches per 100,000 adults in Armenia
Armenia: Bank branches per 100,000 adults was 24.55 in 2020. ▲ Rising
Bank branches per 100,000 adults in Armenia, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Armenia recorded 24.55 for bank branches per 100,000 adults in 2020. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 32.3% over ten years.
Over the whole period, bank branches per 100,000 adults in Armenia peaked at 24.55 in 2020 and was at its lowest, 10.84, in 2004.
That places Armenia 36th out of 185 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Bank branches per 100,000 adults in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.84 | — |
| 2005 | 12.3 | +13.5% |
| 2006 | 13.68 | +11.2% |
| 2007 | 15.81 | +15.6% |
| 2008 | 17.31 | +9.5% |
| 2009 | 17.79 | +2.8% |
| 2010 | 18.56 | +4.3% |
| 2011 | 19.98 | +7.7% |
| 2012 | 21.28 | +6.5% |
| 2013 | 21.74 | +2.2% |
| 2014 | 22.71 | +4.5% |
| 2015 | 23.39 | +3.0% |
| 2016 | 23.11 | -1.2% |
| 2017 | 23.14 | +0.1% |
| 2018 | 23.61 | +2.0% |
| 2019 | 24.24 | +2.7% |
| 2020 | 24.55 | +1.3% |
Armenia compared with similar countries
- Armenia's 24.55 is above the median for upper middle income countries, which is 14.09, 1.7× the median. (55 countries reporting)
- Armenia's 24.55 is above the median for Europe & Central Asia, which is 22.88, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.62 | 10.84 | 17.79 | 6 |
| 2010s | 22.17 | 18.56 | 24.24 | 10 |
| 2020s | 24.55 | 24.55 | 24.55 | 1 |
Countries ranked near Armenia
More financial sector data for Armenia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0665 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0486 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0665 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank branches per 100,000 adults in Armenia?
- Bank branches per 100,000 adults in Armenia was 24.55 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Armenia?
- The highest recorded value was 24.55 in 2020.
- What is the lowest bank branches per 100,000 adults recorded in Armenia?
- The lowest recorded value was 10.84 in 2004.
- How does Armenia rank for bank branches per 100,000 adults?
- Armenia ranks 36th out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Armenia?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.