Adequacy of benefits (%) - Contributory Pensions -urban in Armenia

Armenia: Adequacy of benefits (%) - Contributory Pensions -urban was 40.1% in 2022. ▲ Rising

Latest (2022)
40.1%
Change on year
down 10.6%
World rank
16th
of 34 countries
All-time high
48.3%
in 2020
All-time low
27.7%
in 2008
Years of data
15
2008–2022

Adequacy of benefits (%) - Contributory Pensions -urban in Armenia, 2008–2022

010203040502008201520222008: 27.72009: 33.62010: 34.62011: 32.52012: 34.62013: 322014: 31.42015: 34.22016: 312017: 38.12018: 39.42019: 42.12020: 48.32021: 44.82022: 40.1

Source: ASPIRE.

Analysis

The most recent figure for adequacy of benefits (%) - contributory pensions -urban in Armenia is 40.1%, measured in 2022.

That represents a change of down 10.6% on the previous year and up 15.7% over ten years.

Over the whole period, adequacy of benefits (%) - contributory pensions -urban in Armenia peaked at 48.3% in 2020 and was at its lowest, 27.7%, in 2008.

That places Armenia 16th 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 (%) - Contributory Pensions -urban in Armenia, year by year

Annual values for Adequacy of benefits (%) - Contributory Pensions -urban in Armenia, 2008 to 2022.
Year Value Change
2008 27.7%
2009 33.6% +21.4%
2010 34.6% +2.9%
2011 32.5% -6.0%
2012 34.6% +6.6%
2013 32.0% -7.7%
2014 31.4% -1.9%
2015 34.2% +9.1%
2016 31.0% -9.3%
2017 38.1% +22.6%
2018 39.4% +3.5%
2019 42.1% +6.9%
2020 48.3% +14.7%
2021 44.8% -7.2%
2022 40.1% -10.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.6% 27.7% 33.6% 2
2010s 35.0% 31.0% 42.1% 10
2020s 44.4% 40.1% 48.3% 3

Countries ranked near Armenia

  1. 13 Kyrgyzstan 47.4% compare
  2. 14 Brazil 41.8% compare
  3. 15 Costa Rica 40.3% compare
  4. 17 Argentina 39.9% compare
  5. 18 Colombia 39.1% compare
  6. 19 Bolivia, Plurinational State of 38.8% 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 (%) - contributory pensions -urban in Armenia?
Adequacy of benefits (%) - contributory pensions -urban in Armenia was 40.1% in 2022, according to ASPIRE.
What is the highest adequacy of benefits (%) - contributory pensions -urban recorded in Armenia?
The highest recorded value was 48.3% in 2020.
What is the lowest adequacy of benefits (%) - contributory pensions -urban recorded in Armenia?
The lowest recorded value was 27.7% in 2008.
How does Armenia rank for adequacy of benefits (%) - contributory pensions -urban?
Armenia ranks 16th out of 34 countries with data for 2022.
Is adequacy of benefits (%) - contributory pensions -urban rising or falling in Armenia?
Over the last ten years it is up 15.7%. 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 (%) - Contributory Pensions -urban. Statizoid updates them automatically from the source API.

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Adequacy of benefits (%) - Contributory Pensions -urban in Armenia. Statizoid, drawing on ASPIRE. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/adequacy-of-benefits-percent-contributory-pensions-urban/armenia/

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About this data

Indicator
Adequacy of benefits (%) - Contributory Pensions -urban
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