Nonbank financial institutions’ assets to GDP in Armenia

Armenia: Nonbank financial institutions’ assets to GDP was 1.3% in 2021. ▲ Rising

Latest (2021)
1.3%
Change on year
down 17.1%
World rank
73rd
of 84 countries
All-time high
1.6%
in 2020
All-time low
0.5%
in 2009
Years of data
13
2009–2021

Nonbank financial institutions’ assets to GDP in Armenia, 2009–2021

0.50.7511.21.52009201520212009: 0.464 %2010: 0.587 %2011: 0.643 %2012: 0.788 %2013: 0.929 %2014: 0.768 %2015: 0.762 %2016: 0.957 %2017: 1.1 %2018: 1 %2019: 1.2 %2020: 1.6 %2021: 1.3 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, nonbank financial institutions’ assets to gdp in Armenia stood at 1.3%.

That represents a change of down 17.1% on the previous year and up 101.5% over ten years.

Over the whole period, nonbank financial institutions’ assets to gdp in Armenia peaked at 1.6% in 2020 and was at its lowest, 0.5%, in 2009.

That places Armenia 73rd out of 84 countries with data for 2021, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Nonbank financial institutions’ assets to GDP in Armenia, year by year

Annual values for Nonbank financial institutions’ assets to GDP (%) in Armenia, 2009 to 2021.
Year % Change
2009 0.5%
2010 0.6% +26.5%
2011 0.6% +9.4%
2012 0.8% +22.6%
2013 0.9% +17.9%
2014 0.8% -17.3%
2015 0.8% -0.8%
2016 1.0% +25.6%
2017 1.1% +15.7%
2018 1.0% -6.5%
2019 1.2% +19.6%
2020 1.6% +26.1%
2021 1.3% -17.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5% 0.5% 0.5% 1
2010s 0.9% 0.6% 1.2% 10
2020s 1.4% 1.3% 1.6% 2

Countries ranked near Armenia

  1. 70 Cambodia 1.8% compare
  2. 71 Angola 1.6% compare
  3. 72 Azerbaijan 1.3% compare
  4. 74 Guatemala 1.2% compare
  5. 75 Comoros 0.9%
  6. 76 Zimbabwe 0.8%

See the full ranking of 84 places →

More financial sector data for Armenia

All data for Armenia →

Frequently asked questions

What is nonbank financial institutions’ assets to gdp in Armenia?
Nonbank financial institutions’ assets to gdp in Armenia was 1.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest nonbank financial institutions’ assets to gdp recorded in Armenia?
The highest recorded value was 1.6% in 2020.
What is the lowest nonbank financial institutions’ assets to gdp recorded in Armenia?
The lowest recorded value was 0.5% in 2009.
How does Armenia rank for nonbank financial institutions’ assets to gdp?
Armenia ranks 73rd out of 84 countries with data for 2021.
Is nonbank financial institutions’ assets to gdp rising or falling in Armenia?
Over the last ten years it is up 101.5%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.

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Nonbank financial institutions’ assets to GDP in Armenia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 08 September 2026, from https://financial-sector.statizoid.com/stat/nonbank-financial-institutions-assets-to-gdp-percent/armenia/

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About this data

Indicator
Nonbank financial institutions’ assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
84 places, 2,127 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by 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 other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).