Adequacy of benefits in 5th quintile (richest) (%) - Contributory in Armenia

Armenia: Adequacy of benefits in 5th quintile (richest) (%) - Contributory was 28.3% in 2022. ▲ Rising

Latest (2022)
28.3%
Change on year
down 10.0%
World rank
25th
of 34 countries
All-time high
34.6%
in 2020
All-time low
18.1%
in 2008
Years of data
15
2008–2022

Adequacy of benefits in 5th quintile (richest) (%) - Contributory in Armenia, 2008–2022

01020302008201520222008: 18.12009: 22.12010: 23.42011: 22.32012: 22.82013: 20.62014: 21.32015: 21.42016: 19.22017: 22.12018: 20.92019: 29.12020: 34.62021: 31.42022: 28.3

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits in 5th quintile (richest) (%) - contributory in Armenia is 28.3%, measured in 2022.

Compared with earlier readings it is down 10.0% on the previous year and up 23.9% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - contributory in Armenia peaked at 34.6% in 2020 and was at its lowest, 18.1%, in 2008.

That places Armenia 25th out of 34 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Adequacy of benefits in 5th quintile (richest) (%) - Contributory in Armenia, year by year

Annual values for Adequacy of benefits in 5th quintile (richest) (%) - Contributory Pensions in Armenia, 2008 to 2022.
Year Value Change
2008 18.1%
2009 22.1% +22.0%
2010 23.4% +5.8%
2011 22.3% -4.7%
2012 22.8% +2.4%
2013 20.6% -9.6%
2014 21.3% +3.1%
2015 21.4% +0.6%
2016 19.2% -10.1%
2017 22.1% +14.8%
2018 20.9% -5.5%
2019 29.1% +39.5%
2020 34.6% +18.8%
2021 31.4% -9.1%
2022 28.3% -10.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.1% 18.1% 22.1% 2
2010s 22.3% 19.2% 29.1% 10
2020s 31.4% 28.3% 34.6% 3

Countries ranked near Armenia

  1. 22 Ecuador 35.5% compare
  2. 23 Paraguay 33.4% compare
  3. 24 Panama 30.7% compare
  4. 26 Sri Lanka 27.1% compare
  5. 27 Cote d'Ivoire 26.9% compare
  6. 28 Honduras 26.4% compare

See the full ranking of 34 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is adequacy of benefits in 5th quintile (richest) (%) - contributory in Armenia?
Adequacy of benefits in 5th quintile (richest) (%) - contributory in Armenia was 28.3% in 2022, according to ASPIRE.
What is the highest adequacy of benefits in 5th quintile (richest) (%) - contributory recorded in Armenia?
The highest recorded value was 34.6% in 2020.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - contributory recorded in Armenia?
The lowest recorded value was 18.1% in 2008.
How does Armenia rank for adequacy of benefits in 5th quintile (richest) (%) - contributory?
Armenia ranks 25th out of 34 countries with data for 2022.
Is adequacy of benefits in 5th quintile (richest) (%) - contributory rising or falling in Armenia?
Over the last ten years it is up 23.9%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from ASPIRE, published as part of Adequacy of benefits in 5th quintile (richest) (%) - Contributory Pensions. Statizoid updates them automatically from the source API.

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Adequacy of benefits in 5th quintile (richest) (%) - Contributory in Armenia. Statizoid, drawing on ASPIRE. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-contributory-pensions/armenia/

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About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
34 places, 347 data points, 2002–2023
Last refreshed

Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group