Secondary income balance (credit less debit), Net (credits less) in Armenia
Armenia: Secondary income balance (credit less debit), Net (credits less) was 448.91 million in 2024. ▬ Flat
Secondary income balance (credit less debit), Net (credits less) in Armenia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Armenia stood at 448.91 million.
The figure is up 49.8% on the previous year and down 39.7% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Armenia peaked at 1.04 billion in 2021 and was at its lowest, 299.67 million, in 2023.
Armenia ranks 93rd of 197 countries on this measure, in the middle of the range.
Secondary income balance (credit less debit), Net (credits less) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 452.69 million | — |
| 2006 | 580.30 million | +28.2% |
| 2007 | 732.15 million | +26.2% |
| 2008 | 777.32 million | +6.2% |
| 2009 | 582.00 million | -25.1% |
| 2010 | 606.78 million | +4.3% |
| 2011 | 756.69 million | +24.7% |
| 2012 | 733.04 million | -3.1% |
| 2013 | 825.56 million | +12.6% |
| 2014 | 744.88 million | -9.8% |
| 2015 | 572.18 million | -23.2% |
| 2016 | 559.90 million | -2.1% |
| 2017 | 692.67 million | +23.7% |
| 2018 | 651.93 million | -5.9% |
| 2019 | 668.18 million | +2.5% |
| 2020 | 954.96 million | +42.9% |
| 2021 | 1.04 billion | +9.2% |
| 2022 | 732.51 million | -29.8% |
| 2023 | 299.67 million | -59.1% |
| 2024 | 448.91 million | +49.8% |
Armenia compared with similar countries
- Armenia's 448.91 million is below the median for upper middle income countries, which is 975.41 million, 46% of the median. (54 countries reporting)
- Armenia's 448.91 million is above the median for Europe & Central Asia, which is -31.75 million. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 624.89 million | 452.69 million | 777.32 million | 5 |
| 2010s | 681.18 million | 559.90 million | 825.56 million | 10 |
| 2020s | 695.78 million | 299.67 million | 1.04 billion | 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 secondary income balance (credit less debit), net (credits less) in Armenia?
- Secondary income balance (credit less debit), net (credits less) in Armenia was 448.91 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Armenia?
- The highest recorded value was 1.04 billion in 2021.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Armenia?
- The lowest recorded value was 299.67 million in 2023.
- How does Armenia rank for secondary income balance (credit less debit), net (credits less)?
- Armenia ranks 93rd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Armenia?
- Over the last ten years it is down 39.7%. The long-run trend across the full record is flat.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Secondary 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.