Primary income balance (credit less debit), Net (credits less debits) in Armenia
Armenia: Primary income balance (credit less debit), Net (credits less debits) was -911.70 million in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Armenia, 2005–2024
Source: International Monetary Fund.
Analysis
Armenia recorded -911.70 million for primary income balance (credit less debit), net (credits less debits) in 2024. That is the lowest value across all 20 years on record.
The figure is down 45.6% on the previous year and down 274.6% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Armenia peaked at 691.28 million in 2008 and was at its lowest, -911.70 million, in 2024.
That places Armenia 106th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 206.01 million | — |
| 2006 | 302.03 million | +46.6% |
| 2007 | 497.42 million | +64.7% |
| 2008 | 691.28 million | +39.0% |
| 2009 | 358.78 million | -48.1% |
| 2010 | 458.28 million | +27.7% |
| 2011 | 360.07 million | -21.4% |
| 2012 | 423.04 million | +17.5% |
| 2013 | 682.55 million | +61.3% |
| 2014 | 522.22 million | -23.5% |
| 2015 | 428.41 million | -18.0% |
| 2016 | 245.06 million | -42.8% |
| 2017 | 405.56 million | +65.5% |
| 2018 | 200.34 million | -50.6% |
| 2019 | 187.86 million | -6.2% |
| 2020 | -202.69 million | -207.9% |
| 2021 | -398.97 million | +96.8% |
| 2022 | -488.64 million | +22.5% |
| 2023 | -626.22 million | +28.2% |
| 2024 | -911.70 million | +45.6% |
Armenia compared with similar countries
- Armenia's -911.70 million is below the median for upper middle income countries, which is -890.41 million, 1.0× the median. (54 countries reporting)
- Armenia's -911.70 million is above the median for Europe & Central Asia, which is -972.80 million, 94% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 411.10 million | 206.01 million | 691.28 million | 5 |
| 2010s | 391.34 million | 187.86 million | 682.55 million | 10 |
| 2020s | -525.65 million | -911.70 million | -202.69 million | 5 |
Countries ranked near Armenia
More financial sector data for Armenia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0665 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0486 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0665 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Armenia?
- Primary income balance (credit less debit), net (credits less debits) in Armenia was -911.70 million in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Armenia?
- The highest recorded value was 691.28 million in 2008.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Armenia?
- The lowest recorded value was -911.70 million in 2024.
- How does Armenia rank for primary income balance (credit less debit), net (credits less debits)?
- Armenia ranks 106th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Armenia?
- Over the last ten years it is down 274.6%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.