Share of adults with an account at a financial institution in Armenia

Armenia: Share of adults with an account at a financial institution was 71.4% in 2024. ◆ Volatile

Latest (2024)
71.4%
Change on year
up 29.0%
World rank
65th
of 115 countries
All-time high
71.4%
in 2024
All-time low
17.5%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Armenia, 2011–2024

204060802011201720242011: 17.5 % age 15+2014: 17.7 % age 15+2017: 47.8 % age 15+2021: 55.3 % age 15+2024: 71.4 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

The most recent figure for share of adults with an account at a financial institution in Armenia is 71.4%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 29.0% on the previous year and up 303.9% over ten years.

Over the whole period, share of adults with an account at a financial institution in Armenia peaked at 71.4% in 2024 and was at its lowest, 17.5%, in 2011.

Armenia ranks 65th of 115 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 27.6% 17.5% 47.8% 3
2020s 63.4% 55.3% 71.4% 2

Countries ranked near Armenia

  1. 62 Uganda 72.8% compare
  2. 63 Zambia 72.7% compare
  3. 64 Kyrgyzstan 72.3% compare
  4. 66 Costa Rica 71.4% compare
  5. 67 Romania 71.3% compare
  6. 68 Vietnam 70.6% compare

See the full ranking of 115 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is share of adults with an account at a financial institution in Armenia?
Share of adults with an account at a financial institution in Armenia was 71.4% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Armenia?
The highest recorded value was 71.4% in 2024.
What is the lowest share of adults with an account at a financial institution recorded in Armenia?
The lowest recorded value was 17.5% in 2011.
How does Armenia rank for share of adults with an account at a financial institution?
Armenia ranks 65th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Armenia?
Over the last ten years it is up 303.9%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.