Financial system deposits to GDP in Armenia
Armenia: Financial system deposits to GDP was 44.8% in 2021. ◆ Volatile
Financial system deposits to GDP in Armenia, 1992–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Armenia is 44.8%, measured in 2021.
Compared with earlier readings it is up 4.1% on the previous year and up 119.5% over ten years.
Over the whole period, financial system deposits to gdp in Armenia peaked at 60.5% in 1992 and was at its lowest, 2.9%, in 1995.
Armenia ranks 115th of 185 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.
Financial system deposits to GDP in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 60.5% | — |
| 1993 | 52.0% | -14.0% |
| 1994 | 7.2% | -86.1% |
| 1995 | 2.9% | -60.2% |
| 1996 | 2.9% | +2.2% |
| 1997 | 4.0% | +37.3% |
| 1998 | 5.7% | +40.6% |
| 1999 | 6.7% | +18.8% |
| 2000 | 8.9% | +32.6% |
| 2001 | 7.9% | -11.4% |
| 2002 | 9.0% | +14.2% |
| 2003 | 8.7% | -3.8% |
| 2004 | 9.8% | +12.6% |
| 2005 | 9.8% | +0.5% |
| 2006 | 10.3% | +4.6% |
| 2007 | 11.6% | +12.5% |
| 2008 | 11.0% | -5.2% |
| 2009 | 16.9% | +54.0% |
| 2010 | 17.2% | +1.5% |
| 2011 | 20.4% | +19.0% |
| 2012 | 22.5% | +10.2% |
| 2013 | 25.4% | +13.0% |
| 2014 | 27.4% | +7.7% |
| 2015 | 29.9% | +9.2% |
| 2016 | 35.0% | +17.1% |
| 2017 | 37.9% | +8.4% |
| 2018 | 37.3% | -1.6% |
| 2019 | 38.9% | +4.1% |
| 2020 | 43.0% | +10.7% |
| 2021 | 44.8% | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.7% | 2.9% | 60.5% | 8 |
| 2000s | 10.4% | 7.9% | 16.9% | 10 |
| 2010s | 29.2% | 17.2% | 38.9% | 10 |
| 2020s | 43.9% | 43.0% | 44.8% | 2 |
Countries ranked near Armenia
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)
- Total reserves (gold at national valuation) (SDR), per capita 1,204 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Armenia?
- Financial system deposits to gdp in Armenia was 44.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Armenia?
- The highest recorded value was 60.5% in 1992.
- What is the lowest financial system deposits to gdp recorded in Armenia?
- The lowest recorded value was 2.9% in 1995.
- How does Armenia rank for financial system deposits to gdp?
- Armenia ranks 115th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Armenia?
- Over the last ten years it is up 119.5%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).