Bank Deposits Statistics in Armenia (2026)
As of 2024, outstanding bank deposits in Armenia was 45.8% of GDP, per IMF Financial Access Survey data. Up from 42.7% of GDP in 2023 to 45.8% of GDP in 2024 (+3.2 percentage points). Armenia ranks #30 of 49 economies in Europe & Central Asia on this measure, and #103 of 172 globally.
Key Statistics
- Latest value (2024)
- 45.8% of GDP (2024)
- Bank Deposits in Armenia as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- +3.2 pp (2024)
- Up from 42.7% of GDP in 2023 to 45.8% of GDP in 2024 (+3.2 percentage points).
- Earliest value in this dataset (2004)
- 9.6% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 9.6% of GDP in 2004 to 45.8% of GDP in 2024.
- Record high (2024)
- 45.8% of GDP (2024)
- The 2024 value is the highest in the available IMF Financial Access Survey series for Armenia.
- Rank in Europe & Central Asia
- #30 of 49 (2024)
- Armenia ranks 30 of 49 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #103 of 172 (2024)
- Armenia ranks 103 of 172 countries with data globally.
- Europe & Central Asia average
- 60.3% of GDP (2024)
- Armenia (45.8% of GDP) is below the average of 60.3% of GDP across the 49 countries in Europe & Central Asia with data.
- Internet use in Armenia (2024)
- 81.3% (2024)
- 81.3% of the population in Armenia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 3 million (2024)
- Armenia had a population of 3 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 45.8% | +3.2 pp |
| 2023 | 42.7% | +2.6 pp |
| 2022 | 40.1% | −1.0 pp |
| 2021 | 41.1% | +1.5 pp |
| 2020 | 39.6% | +3.8 pp |
| 2019 | 35.9% | +0.8 pp |
| 2018 | 35.1% | −0.8 pp |
| 2017 | 35.9% | +3.0 pp |
| 2016 | 32.8% | +4.5 pp |
| 2015 | 28.4% | +2.2 pp |
| 2014 | 26.2% | +1.8 pp |
| 2013 | 24.4% | +2.8 pp |
| 2012 | 21.6% | +2.1 pp |
| 2011 | 19.5% | +3.2 pp |
| 2010 | 16.3% | +0.1 pp |
| 2009 | 16.3% | +5.6 pp |
| 2008 | 10.6% | −0.5 pp |
| 2007 | 11.1% | +1.1 pp |
| 2006 | 10% | +0.3 pp |
| 2005 | 9.7% | +0.1 pp |
| 2004 | 9.6% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Armenia?
Outstanding bank deposits in Armenia stood at 45.8% of GDP in 2024, according to IMF Financial Access Survey data.
Where does Armenia rank globally on bank deposits?
Armenia ranks 103 of 172 countries with data globally, based on the latest IMF Financial Access Survey value for each country.
How recent is the bank deposits data for Armenia?
The most recent observation is from 2024. IMF Financial Access Survey data is reported with a lag, so 2024 is the latest available year for Armenia.
Where does the bank deposits data for Armenia come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Armenia is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .