Financial Development Index in Armenia, Republic of
Armenia, Republic of: Financial Development Index was 0.2561 in 2020. β Volatile
Financial Development Index in Armenia, Republic of, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Armenia, Republic of is 0.2561, measured in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 49.5% over ten years.
Over the whole period, financial development index in Armenia, Republic of peaked at 0.2561 in 2020 and was at its lowest, 0, in 1980.
That places Armenia, Republic of 93rd out of 183 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0636 | 0 | 0.1001 | 10 |
| 2000s | 0.1213 | 0.1007 | 0.1595 | 10 |
| 2010s | 0.2178 | 0.1713 | 0.2504 | 10 |
| 2020s | 0.2561 | 0.2561 | 0.2561 | 1 |
Countries ranked near Armenia, Republic of
- 90 Sri Lanka 0.2634 compare
- 91 Bosnia and Herzegovina 0.2576 compare
- 92 Cabo Verde 0.2574 compare
- 94 North Macedonia, Republic of 0.2517 compare
- 95 Serbia, Republic of 0.2512 compare
- 96 Bangladesh 0.2439 compare
More financial sector data for Armenia, Republic of
- Net domestic credit (current LCU), per capita 3.10 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 327.57 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 17.7 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 3.71 billion SDR (2025)
- Reserves excluding gold 3.72 billion SDR (2025)
- Total reserves (gold at market value) 3.72 billion SDR (2025)
- Total reserves (gold at national valuation) 3.72 billion SDR (2025)
- Domestic credit to private sector by banks 68.7% (2025)
Frequently asked questions
- What is financial development index in Armenia, Republic of?
- Financial development index in Armenia, Republic of was 0.2561 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Armenia, Republic of?
- The highest recorded value was 0.2561 in 2020.
- What is the lowest financial development index recorded in Armenia, Republic of?
- The lowest recorded value was 0 in 1980.
- How does Armenia, Republic of rank for financial development index?
- Armenia, Republic of ranks 93rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Armenia, Republic of?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is volatile.
- Where does this Armenia, Republic of data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.