Financial Institutions Index in Armenia

Armenia: Financial Institutions Index was 0.482 in 2020. β—† Volatile

Latest (2020)
0.482
Change on year
up 2.7%
World rank
66th
of 183 countries
All-time high
0.482
in 2020
All-time low
0
in 1980
Years of data
41
1980–2020

Financial Institutions Index in Armenia, 1980–2020

00.10.20.30.40.51980200020201980: 01981: 01982: 01983: 01984: 01985: 01986: 01987: 01988: 01989: 01990: 01991: 01992: 01993: 0.1371994: 0.1711995: 0.1681996: 0.1721997: 0.1641998: 0.171999: 0.1812000: 0.182001: 0.1932002: 0.232003: 0.2022004: 0.2032005: 0.192006: 0.2252007: 0.2422008: 0.272009: 0.2952010: 0.3192011: 0.3552012: 0.3832013: 0.3972014: 0.4152015: 0.4182016: 0.4282017: 0.442018: 0.4542019: 0.4692020: 0.482

Source: International Monetary Fund.

Analysis

In 2020, financial institutions index in Armenia stood at 0.482. That is the highest value across all 41 years on record.

That represents a change of up 2.7% on the previous year and up 51.2% over ten years.

Over the whole period, financial institutions index in Armenia peaked at 0.482 in 2020 and was at its lowest, 0, in 1980.

That places Armenia 66th 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

DecadeAverage LowestHighest Years
1980s 0 0 0 10
1990s 0.1164 0 0.1813 10
2000s 0.2231 0.1805 0.2946 10
2010s 0.4078 0.3188 0.4692 10
2020s 0.482 0.482 0.482 1

Countries ranked near Armenia

  1. 63 Uzbekistan 0.4908 compare
  2. 64 North Macedonia 0.4893 compare
  3. 65 Mauritius 0.4882 compare
  4. 67 Kuwait 0.4798 compare
  5. 68 TΓΌrkiye 0.4764 compare
  6. 69 Mexico 0.4704 compare

See the full ranking of 192 places β†’

More financial sector data for Armenia

All data for Armenia β†’

Frequently asked questions

What is financial institutions index in Armenia?
Financial institutions index in Armenia was 0.482 in 2020, according to International Monetary Fund.
What is the highest financial institutions index recorded in Armenia?
The highest recorded value was 0.482 in 2020.
What is the lowest financial institutions index recorded in Armenia?
The lowest recorded value was 0 in 1980.
How does Armenia rank for financial institutions index?
Armenia ranks 66th out of 183 countries with data for 2020.
Is financial institutions index rising or falling in Armenia?
Over the last ten years it is up 51.2%. 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 Index. Statizoid updates them automatically from the source API.

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Financial Institutions Index in Armenia. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-index/armenia/

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About this data

Indicator
Financial Institutions Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

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.