Financial Institutions Efficiency Index in Armenia, Republic of
Armenia, Republic of: Financial Institutions Efficiency Index was 0.6457 in 2020. β Volatile
Financial Institutions Efficiency Index in Armenia, Republic of, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Armenia, Republic of stood at 0.6457.
The figure is down 1.9% on the previous year and up 19.0% over ten years.
Over the whole period, financial institutions efficiency index in Armenia, Republic of peaked at 0.6579 in 2019 and was at its lowest, 0, in 1980.
That places Armenia, Republic of 51st 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 | 0.2828 | 0 | 0.4439 | 10 |
| 2000s | 0.4874 | 0.3629 | 0.58 | 10 |
| 2010s | 0.5987 | 0.5425 | 0.6579 | 10 |
| 2020s | 0.6457 | 0.6457 | 0.6457 | 1 |
Countries ranked near Armenia, Republic of
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 institutions efficiency index in Armenia, Republic of?
- Financial institutions efficiency index in Armenia, Republic of was 0.6457 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Armenia, Republic of?
- The highest recorded value was 0.6579 in 2019.
- What is the lowest financial institutions efficiency index recorded in Armenia, Republic of?
- The lowest recorded value was 0 in 1980.
- How does Armenia, Republic of rank for financial institutions efficiency index?
- Armenia, Republic of ranks 51st out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Armenia, Republic of?
- Over the last ten years it is up 19.0%. 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 Institutions Efficiency Index. Statizoid updates them automatically from the source API.
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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.