Account, income, poorest 40% in Armenia

Armenia: Account, income, poorest 40% was 64.0% in 2024. ◆ Volatile

Latest (2024)
64.0%
Change on year
up 40.9%
World rank
62nd
of 103 countries
All-time high
64.0%
in 2024
All-time low
11.1%
in 2014
Years of data
5
2011–2024

Account, income, poorest 40% in Armenia, 2011–2024

2040602011201720242011: 15 % ages 15+2014: 11.1 % ages 15+2017: 34.4 % ages 15+2021: 45.5 % ages 15+2024: 64 % ages 15+

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

Analysis

Armenia recorded 64.0% for account, income, poorest 40% in 2024. That is the highest value across all 5 years on record.

The figure is up 40.9% on the previous year and up 477.3% over ten years.

Over the whole period, account, income, poorest 40% in Armenia peaked at 64.0% in 2024 and was at its lowest, 11.1%, in 2014.

Armenia ranks 62nd of 103 countries on this measure, in the middle of the range.

Account, income, poorest 40% in Armenia, year by year

Annual values for Account, income, poorest 40% (% ages 15+) in Armenia, 2011 to 2024.
Year % ages 15+ Change
2011 15.0%
2014 11.1% -26.2%
2017 34.4% +210.3%
2021 45.5% +32.0%
2024 64.0% +40.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20.2% 11.1% 34.4% 3
2020s 54.7% 45.5% 64.0% 2

Countries ranked near Armenia

  1. 59 Uganda 66.9% compare
  2. 60 Kosovo 66.7% compare
  3. 60 Kosovo (UNSCR 1244) 66.7% compare
  4. 63 Uruguay 62.9% compare
  5. 64 Costa Rica 62.8% compare
  6. 65 Uzbekistan 61.7% compare

See the full ranking of 115 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is account, income, poorest 40% in Armenia?
Account, income, poorest 40% in Armenia was 64.0% in 2024, according to Global Findex database.
What is the highest account, income, poorest 40% recorded in Armenia?
The highest recorded value was 64.0% in 2024.
What is the lowest account, income, poorest 40% recorded in Armenia?
The lowest recorded value was 11.1% in 2014.
How does Armenia rank for account, income, poorest 40%?
Armenia ranks 62nd out of 103 countries with data for 2024.
Is account, income, poorest 40% rising or falling in Armenia?
Over the last ten years it is up 477.3%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Global Findex database, published as part of Account, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.

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Account, income, poorest 40% in Armenia. Statizoid, drawing on Global Findex database. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/armenia/

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About this data

Indicator
Account, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 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"), poorest 40% (% ages 15+)