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% |
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
- 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 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.