Financial Institutions Access Index in Armenia
Armenia: Financial Institutions Access Index was 0.5676 in 2020. ◆ Volatile
Financial Institutions Access Index in Armenia, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Armenia stood at 0.5676. That is the highest value across all 41 years on record.
That represents a change of up 0.6% on the previous year and up 57.5% over ten years.
Over the whole period, financial institutions access index in Armenia peaked at 0.5676 in 2020 and was at its lowest, 0, in 1980.
That places Armenia 40th out of 183 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Institutions Access Index in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0 | — |
| 1993 | 0.0929 | — |
| 1994 | 0.1228 | +32.2% |
| 1995 | 0.1228 | +0.0% |
| 1996 | 0.1193 | -2.8% |
| 1997 | 0.1191 | -0.2% |
| 1998 | 0.144 | +20.9% |
| 1999 | 0.1567 | +8.8% |
| 2000 | 0.177 | +12.9% |
| 2001 | 0.168 | -5.0% |
| 2002 | 0.1704 | +1.4% |
| 2003 | 0.1456 | -14.5% |
| 2004 | 0.1357 | -6.8% |
| 2005 | 0.1607 | +18.4% |
| 2006 | 0.1884 | +17.3% |
| 2007 | 0.2425 | +28.7% |
| 2008 | 0.2978 | +22.8% |
| 2009 | 0.3348 | +12.4% |
| 2010 | 0.3603 | +7.6% |
| 2011 | 0.4185 | +16.2% |
| 2012 | 0.4636 | +10.8% |
| 2013 | 0.4844 | +4.5% |
| 2014 | 0.5198 | +7.3% |
| 2015 | 0.5326 | +2.5% |
| 2016 | 0.532 | -0.1% |
| 2017 | 0.5438 | +2.2% |
| 2018 | 0.5507 | +1.3% |
| 2019 | 0.5642 | +2.4% |
| 2020 | 0.5676 | +0.6% |
Armenia compared with similar countries
- Armenia's 0.5676 is above the median for upper middle income countries, which is 0.3583, 1.6× the median. (54 countries reporting)
- Armenia's 0.5676 is above the median for Europe & Central Asia, which is 0.5389, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0878 | 0 | 0.1567 | 10 |
| 2000s | 0.2021 | 0.1357 | 0.3348 | 10 |
| 2010s | 0.497 | 0.3603 | 0.5642 | 10 |
| 2020s | 0.5676 | 0.5676 | 0.5676 | 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 financial institutions access index in Armenia?
- Financial institutions access index in Armenia was 0.5676 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Armenia?
- The highest recorded value was 0.5676 in 2020.
- What is the lowest financial institutions access index recorded in Armenia?
- The lowest recorded value was 0 in 1980.
- How does Armenia rank for financial institutions access index?
- Armenia ranks 40th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Armenia?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.