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.
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
- 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 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.