Account in Armenia

Armenia: Account was 71.4% in 2024. ◆ Volatile

Latest (2024)
71.4%
Change on year
up 29.0%
World rank
66th
of 118 countries
All-time high
71.4%
in 2024
All-time low
17.5%
in 2011
Years of data
5
2011–2024

Account 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. Measured in % age 15+.

Analysis

In 2024, account in Armenia stood at 71.4%. That is the highest value across all 5 years on record.

That represents a change of up 29.0% on the previous year and up 303.9% over ten years.

Over the whole period, account in Armenia peaked at 71.4% in 2024 and was at its lowest, 17.5%, in 2011.

That places Armenia 66th out of 118 countries with data for 2024, putting it in the middle of the range.

Account in Armenia, year by year

Annual values for Account (% age 15+) in Armenia, 2011 to 2024.
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 70.6%, 1.0× the median. (37 countries reporting)
  • Armenia's 71.4% is below the median for Europe & Central Asia, which is 88.1%, 81% of the median. (42 countries reporting)

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. 63 Uganda 72.8% compare
  2. 64 Zambia 72.7% compare
  3. 65 Kyrgyzstan 72.3% compare
  4. 67 Costa Rica 71.4% compare
  5. 68 Romania 71.3% compare
  6. 69 Vietnam 70.6% compare

See the full ranking of 130 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is account in Armenia?
Account in Armenia was 71.4% in 2024, according to Global Findex Database.
What is the highest account recorded in Armenia?
The highest recorded value was 71.4% in 2024.
What is the lowest account recorded in Armenia?
The lowest recorded value was 17.5% in 2011.
How does Armenia rank for account?
Armenia ranks 66th out of 118 countries with data for 2024.
Is account 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, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 650 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 similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)