Total factoring volume to GDP (%) in Armenia
Armenia: Total factoring volume to GDP (%) was 1.6% in 2020. ◆ Volatile
Total factoring volume to GDP in Armenia, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
Armenia recorded 1.6% for total factoring volume to gdp in 2020. That is the highest value across all 14 years on record.
That represents a change of up 26.0% on the previous year and up 694.1% over ten years.
Over the whole period, total factoring volume to gdp in Armenia peaked at 1.6% in 2020 and was at its lowest, 0.0%, in 2012.
That places Armenia 50th out of 73 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total factoring volume to GDP (%) in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 0.7% | — |
| 2008 | 0.1% | -88.2% |
| 2009 | 0.1% | +27.9% |
| 2010 | 0.2% | +73.9% |
| 2011 | 0.2% | -1.9% |
| 2012 | 0.0% | -100.0% |
| 2013 | 0.8% | — |
| 2014 | 0.7% | -4.8% |
| 2015 | 0.8% | +5.7% |
| 2016 | 1.0% | +29.2% |
| 2017 | 1.2% | +24.9% |
| 2018 | 1.2% | -0.6% |
| 2019 | 1.2% | -0.7% |
| 2020 | 1.6% | +26.0% |
Armenia compared with similar countries
- Armenia's 1.6% is above the median for upper middle income countries, which is 1.6%, 1.0× the median. (21 countries reporting)
- Armenia's 1.6% is below the median for Europe & Central Asia, which is 5.9%, 26% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.1% | 0.7% | 3 |
| 2010s | 0.7% | 0.0% | 1.2% | 10 |
| 2020s | 1.6% | 1.6% | 1.6% | 1 |
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 total factoring volume to gdp in Armenia?
- Total factoring volume to gdp in Armenia was 1.6% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Armenia?
- The highest recorded value was 1.6% in 2020.
- What is the lowest total factoring volume to gdp recorded in Armenia?
- The lowest recorded value was 0.0% in 2012.
- How does Armenia rank for total factoring volume to gdp?
- Armenia ranks 50th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Armenia?
- Over the last ten years it is up 694.1%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.