Financial Institutions Depth Index in Armenia
Armenia: Financial Institutions Depth Index was 0.1653 in 2020. β Volatile
Financial Institutions Depth Index in Armenia, 1980β2020
Source: International Monetary Fund.
Analysis
Armenia recorded 0.1653 for financial institutions depth index in 2020. That is the highest value across all 41 years on record.
That represents a change of up 25.4% on the previous year and up 196.9% over ten years.
Over the whole period, financial institutions depth index in Armenia peaked at 0.1653 in 2020 and was at its lowest, 0, in 1980.
Armenia ranks 100th of 183 countries on this measure, 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 | 0.0134 | 0 | 0.0257 | 10 |
| 2000s | 0.0246 | 0.0143 | 0.0491 | 10 |
| 2010s | 0.0921 | 0.0557 | 0.1318 | 10 |
| 2020s | 0.1653 | 0.1653 | 0.1653 | 1 |
Countries ranked near Armenia
- 97 Georgia 0.1853 compare
- 98 Saudi Arabia 0.1763 compare
- 99 Serbia 0.166 compare
- 101 Ecuador 0.1615 compare
- 102 Dominican Republic 0.1608 compare
- 103 Seychelles 0.1604 compare
More financial sector data for Armenia
- 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 institutions depth index in Armenia?
- Financial institutions depth index in Armenia was 0.1653 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Armenia?
- The highest recorded value was 0.1653 in 2020.
- What is the lowest financial institutions depth index recorded in Armenia?
- The lowest recorded value was 0 in 1980.
- How does Armenia rank for financial institutions depth index?
- Armenia ranks 100th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Armenia?
- Over the last ten years it is up 196.9%. 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 Depth 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.