Account, in labor force in Armenia

Armenia: Account, in labor force was 79.3% in 2024. ▲ Rising

Latest (2024)
79.3%
Change on year
up 17.9%
World rank
61st
of 99 countries
All-time high
79.3%
in 2024
All-time low
27.6%
in 2011
Years of data
5
2011–2024

Account, in labor force in Armenia, 2011–2024

204060802011201720242011: 27.6 % age 15+2014: 34.5 % age 15+2017: 65.7 % age 15+2021: 67.2 % age 15+2024: 79.3 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

The most recent figure for account, in labor force in Armenia is 79.3%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 17.9% on the previous year and up 129.5% over ten years.

Over the whole period, account, in labor force in Armenia peaked at 79.3% in 2024 and was at its lowest, 27.6%, in 2011.

Armenia ranks 61st of 99 countries on this measure, in the middle of the range.

Account, in labor force in Armenia, year by year

Annual values for Account, in labor force (% age 15+) in Armenia, 2011 to 2024.
Year % age 15+ Change
2011 27.6%
2014 34.5% +25.1%
2017 65.7% +90.3%
2021 67.2% +2.3%
2024 79.3% +17.9%

Armenia compared with similar countries

  • Armenia's 79.3% is below the median for upper middle income countries, which is 83.4%, 95% of the median. (33 countries reporting)
  • Armenia's 79.3% is below the median for Europe & Central Asia, which is 96.8%, 82% of the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 42.6% 27.6% 65.7% 3
2020s 73.3% 67.2% 79.3% 2

Countries ranked near Armenia

  1. 58 Georgia 83.4% compare
  2. 59 Uruguay 82.0% compare
  3. 60 Costa Rica 81.0% compare
  4. 62 Zambia 79.2% compare
  5. 63 Botswana 78.8% compare
  6. 64 Uganda 78.5% compare

See the full ranking of 111 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is account, in labor force in Armenia?
Account, in labor force in Armenia was 79.3% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in Armenia?
The highest recorded value was 79.3% in 2024.
What is the lowest account, in labor force recorded in Armenia?
The lowest recorded value was 27.6% in 2011.
How does Armenia rank for account, in labor force?
Armenia ranks 61st out of 99 countries with data for 2024.
Is account, in labor force rising or falling in Armenia?
Over the last ten years it is up 129.5%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Global Findex database, published as part of Account, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, in labor force in Armenia. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-in-labor-force-percent-age-15/armenia/

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)