Number of Deposit Accounts, Commercial Banks, of Which: Household in Armenia

Armenia: Number of Deposit Accounts, Commercial Banks, of Which: Household was 8.47 million in 2025. ◆ Volatile

Latest (2025)
8.47 million
Change on year
up 7.6%
World rank
39th
of 94 countries
All-time high
8.47 million
in 2025
All-time low
456,843
in 2004
Years of data
22
2004–2025

Number of Deposit Accounts, Commercial Banks, of Which: Household in Armenia, 2004–2025

02.0M4.0M6.0M8.0M2004201420252004: 456.8k2005: 801.2k2006: 825.4k2007: 1.0M2008: 1.0M2009: 1.2M2010: 1.3M2011: 1.6M2012: 2.0M2013: 2.4M2014: 2.9M2015: 3.2M2016: 3.5M2017: 3.6M2018: 4.0M2019: 4.5M2020: 4.7M2021: 5.1M2022: 6.0M2023: 7.1M2024: 7.9M2025: 8.5M

Source: International Monetary Fund.

Analysis

The most recent figure for number of deposit accounts, commercial banks, of which: household in Armenia is 8.47 million, measured in 2025. That is the highest value across all 22 years on record.

The figure is up 7.6% on the previous year and up 166.0% over ten years.

Over the whole period, number of deposit accounts, commercial banks, of which: household in Armenia peaked at 8.47 million in 2025 and was at its lowest, 456,843, in 2004.

Armenia ranks 39th of 94 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.

Number of Deposit Accounts, Commercial Banks, of Which: Household in Armenia, year by year

Annual values for Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts in Armenia, 2004 to 2025.
Year Value Change
2004 456,843
2005 801,233 +75.4%
2006 825,407 +3.0%
2007 1.03 million +25.2%
2008 1.05 million +1.1%
2009 1.16 million +11.4%
2010 1.33 million +14.4%
2011 1.63 million +22.7%
2012 1.97 million +20.4%
2013 2.36 million +20.2%
2014 2.88 million +21.9%
2015 3.18 million +10.4%
2016 3.51 million +10.3%
2017 3.56 million +1.5%
2018 3.97 million +11.4%
2019 4.52 million +13.9%
2020 4.73 million +4.7%
2021 5.14 million +8.5%
2022 6.03 million +17.4%
2023 7.08 million +17.3%
2024 7.87 million +11.2%
2025 8.47 million +7.6%

Armenia compared with similar countries

  • Armenia's 8.47 million is above the median for upper middle income countries, which is 4.95 million, 1.7× the median. (36 countries reporting)
  • Armenia's 8.47 million is below the median for Europe & Central Asia, which is 9.01 million, 94% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Number of Deposit Accounts, Commercial Banks, of Which: Household in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2005 +75.4% 456,843 801,233

Averages by decade

DecadeAverage LowestHighest Years
2000s 887,910 456,843 1.16 million 6
2010s 2.89 million 1.33 million 4.52 million 10
2020s 6.55 million 4.73 million 8.47 million 6

Countries ranked near Armenia

  1. 36 Honduras 11.04 million compare
  2. 37 Paraguay 9.68 million compare
  3. 38 Bulgaria 9.01 million compare
  4. 40 Georgia 8.29 million compare
  5. 41 Dominican Republic 8.07 million compare
  6. 42 Tajikistan 7.91 million compare

See the full ranking of 94 places →

More financial sector data for Armenia

All data for Armenia →

Frequently asked questions

What is number of deposit accounts, commercial banks, of which: household in Armenia?
Number of deposit accounts, commercial banks, of which: household in Armenia was 8.47 million in 2025, according to International Monetary Fund.
What is the highest number of deposit accounts, commercial banks, of which: household recorded in Armenia?
The highest recorded value was 8.47 million in 2025.
What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Armenia?
The lowest recorded value was 456,843 in 2004.
How does Armenia rank for number of deposit accounts, commercial banks, of which: household?
Armenia ranks 39th out of 94 countries with data for 2025.
Is number of deposit accounts, commercial banks, of which: household rising or falling in Armenia?
Over the last ten years it is up 166.0%. 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 Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.

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Number of Deposit Accounts, Commercial Banks, of Which: Household in Armenia. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/number-of-deposit-accounts-commercial-banks-of-which-household-sector-deposit-accounts/armenia/

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About this data

Indicator
Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
94 places, 1,382 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.