Commercial bank branches in Armenia
Armenia: Commercial bank branches was 22.69 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Armenia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
Armenia recorded 22.69 per 100,000 adults for commercial bank branches in 2024.
Compared with earlier readings it is down 0.9% on the previous year and up 3.4% over ten years.
Over the whole period, commercial bank branches in Armenia peaked at 24.36 per 100,000 adults in 2020 and was at its lowest, 10.26 per 100,000 adults, in 2004.
That places Armenia 32nd out of 185 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Armenia, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 10.26 per 100,000 adults | — |
| 2005 | 11.62 per 100,000 adults | +13.3% |
| 2006 | 12.86 per 100,000 adults | +10.7% |
| 2007 | 14.8 per 100,000 adults | +15.1% |
| 2008 | 16.2 per 100,000 adults | +9.4% |
| 2009 | 16.69 per 100,000 adults | +3.0% |
| 2010 | 17.5 per 100,000 adults | +4.8% |
| 2011 | 18.96 per 100,000 adults | +8.3% |
| 2012 | 20.28 per 100,000 adults | +7.0% |
| 2013 | 20.84 per 100,000 adults | +2.7% |
| 2014 | 21.95 per 100,000 adults | +5.3% |
| 2015 | 22.79 per 100,000 adults | +3.8% |
| 2016 | 22.69 per 100,000 adults | -0.4% |
| 2017 | 22.87 per 100,000 adults | +0.8% |
| 2018 | 23.41 per 100,000 adults | +2.4% |
| 2019 | 24.06 per 100,000 adults | +2.7% |
| 2020 | 24.36 per 100,000 adults | +1.3% |
| 2021 | 24.07 per 100,000 adults | -1.2% |
| 2022 | 24.17 per 100,000 adults | +0.4% |
| 2023 | 22.89 per 100,000 adults | -5.3% |
| 2024 | 22.69 per 100,000 adults | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.74 per 100,000 adults | 10.26 per 100,000 adults | 16.69 per 100,000 adults | 6 |
| 2010s | 21.54 per 100,000 adults | 17.5 per 100,000 adults | 24.06 per 100,000 adults | 10 |
| 2020s | 23.64 per 100,000 adults | 22.69 per 100,000 adults | 24.36 per 100,000 adults | 5 |
Countries ranked near Armenia
More financial sector data for Armenia
- Total reserves in months of imports, annual growth rate 65.35 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 31.52 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.127 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,203 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 31.48 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,204 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 31.48 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,204 SDR per person (2025)
Frequently asked questions
- What is commercial bank branches in Armenia?
- Commercial bank branches in Armenia was 22.69 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Armenia?
- The highest recorded value was 24.36 per 100,000 adults in 2020.
- What is the lowest commercial bank branches recorded in Armenia?
- The lowest recorded value was 10.26 per 100,000 adults in 2004.
- How does Armenia rank for commercial bank branches?
- Armenia ranks 32nd out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Armenia?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.