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
59th
of 97 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 59th of 97 countries on this measure, in the middle of the range.

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. 56 Georgia 83.4% compare
  2. 57 Uruguay 82.0% compare
  3. 58 Costa Rica 81.0% compare
  4. 60 Zambia 79.2% compare
  5. 61 Botswana 78.8% compare
  6. 62 Uganda 78.5% compare

See the full ranking of 110 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 59th out of 97 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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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
110 places, 550 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+)