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
Share of adults with an account at a financial institution in Armenia, 2011–2024
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.
Share of adults with an account at a financial institution in Armenia, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 17.5% | — |
| 2014 | 17.7% | +1.0% |
| 2017 | 47.8% | +170.3% |
| 2021 | 55.3% | +15.9% |
| 2024 | 71.4% | +29.0% |
Armenia compared with similar countries
- Armenia's 71.4% is above the median for upper middle income countries, which is 71.0%, 1.0× the median. (36 countries reporting)
- Armenia's 71.4% is below the median for Europe & Central Asia, which is 88.6%, 81% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 27.6% | 17.5% | 47.8% | 3 |
| 2020s | 63.4% | 55.3% | 71.4% | 2 |
Countries ranked near Armenia
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
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.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.