Total reserves (% of total external debt) in Armenia
Armenia: Total reserves (% of total external debt) was 22.5% in 2024. ▼ Falling
Total reserves in Armenia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Armenia recorded 22.5% for total reserves in 2024.
Compared with earlier readings it is down 1.3% on the previous year and up 29.1% over ten years.
Over the whole period, total reserves in Armenia peaked at 53.8% in 2007 and was at its lowest, 10.1%, in 1993.
Armenia ranks 81st of 112 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Total reserves (% of total external debt) in Armenia, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1993 | 10.1% | — |
| 1994 | 16.8% | +66.1% |
| 1995 | 30.0% | +78.0% |
| 1996 | 32.3% | +7.7% |
| 1997 | 37.5% | +16.0% |
| 1998 | 36.5% | -2.7% |
| 1999 | 29.7% | -18.6% |
| 2000 | 30.9% | +3.9% |
| 2001 | 23.4% | -24.2% |
| 2002 | 25.1% | +7.2% |
| 2003 | 25.1% | +0.3% |
| 2004 | 26.0% | +3.3% |
| 2005 | 34.0% | +30.8% |
| 2006 | 50.1% | +47.5% |
| 2007 | 53.8% | +7.4% |
| 2008 | 38.9% | -27.7% |
| 2009 | 40.6% | +4.3% |
| 2010 | 29.6% | -27.1% |
| 2011 | 26.1% | -11.9% |
| 2012 | 23.6% | -9.7% |
| 2013 | 25.9% | +10.1% |
| 2014 | 17.4% | -32.9% |
| 2015 | 20.1% | +15.5% |
| 2016 | 22.4% | +11.2% |
| 2017 | 22.6% | +1.2% |
| 2018 | 21.1% | -6.9% |
| 2019 | 24.0% | +13.8% |
| 2020 | 20.0% | -16.5% |
| 2021 | 23.0% | +14.9% |
| 2022 | 25.8% | +12.2% |
| 2023 | 22.8% | -11.8% |
| 2024 | 22.5% | -1.3% |
Armenia compared with similar countries
- Armenia's 22.5% is below the median for upper middle income countries, which is 38.0%, 59% of the median. (51 countries reporting)
- Armenia's 22.5% is below the median for Europe & Central Asia, which is 47.8%, 47% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.6% | 10.1% | 37.5% | 7 |
| 2000s | 34.8% | 23.4% | 53.8% | 10 |
| 2010s | 23.3% | 17.4% | 29.6% | 10 |
| 2020s | 22.8% | 20.0% | 25.8% | 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 total reserves in Armenia?
- Total reserves in Armenia was 22.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total reserves recorded in Armenia?
- The highest recorded value was 53.8% in 2007.
- What is the lowest total reserves recorded in Armenia?
- The lowest recorded value was 10.1% in 1993.
- How does Armenia rank for total reserves?
- Armenia ranks 81st out of 112 countries with data for 2024.
- Is total reserves rising or falling in Armenia?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total reserves (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.