Foreign bank assets among total bank assets in Armenia
Armenia: Foreign bank assets among total bank assets was 85.0% in 2013. ▲ Rising
Foreign bank assets among total bank assets in Armenia, 2005–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign bank assets among total bank assets in Armenia is 85.0%, measured in 2013. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 51.8% over ten years.
Over the whole period, foreign bank assets among total bank assets in Armenia peaked at 85.0% in 2013 and was at its lowest, 56.0%, in 2005.
That places Armenia 21st out of 128 countries with data for 2013, putting it in the top quarter.
Foreign bank assets among total bank assets in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 56.0% | — |
| 2006 | 62.0% | +10.7% |
| 2007 | 60.0% | -3.2% |
| 2008 | 64.0% | +6.7% |
| 2009 | 71.0% | +10.9% |
| 2010 | 84.0% | +18.3% |
| 2011 | 84.0% | +0.0% |
| 2012 | 83.0% | -1.2% |
| 2013 | 85.0% | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62.6% | 56.0% | 71.0% | 5 |
| 2010s | 84.0% | 83.0% | 85.0% | 4 |
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 foreign bank assets among total bank assets in Armenia?
- Foreign bank assets among total bank assets in Armenia was 85.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign bank assets among total bank assets recorded in Armenia?
- The highest recorded value was 85.0% in 2013.
- What is the lowest foreign bank assets among total bank assets recorded in Armenia?
- The lowest recorded value was 56.0% in 2005.
- How does Armenia rank for foreign bank assets among total bank assets?
- Armenia ranks 21st out of 128 countries with data for 2013.
- Is foreign bank assets among total bank assets rising or falling in Armenia?
- Over the last ten years it is up 51.8%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign bank assets among total bank assets (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the total banking assets that are held by foreign banks. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.