Bank or similar financial institution account, young in Armenia

Armenia: Bank or similar financial institution account, young was 60.9% in 2024. ◆ Volatile

Latest (2024)
60.9%
Change on year
up 49.4%
World rank
57th
of 106 countries
All-time high
60.9%
in 2024
All-time low
10.4%
in 2014
Years of data
5
2011–2024

Bank or similar financial institution account, young in Armenia, 2011–2024

2040602011201720242011: 13.9 % ages 15-242014: 10.4 % ages 15-242017: 40.5 % ages 15-242021: 40.7 % ages 15-242024: 60.9 % ages 15-24

Source: World Bank. Measured in % ages 15-24.

Analysis

Armenia recorded 60.9% for bank or similar financial institution account, young in 2024. That is the highest value across all 5 years on record.

That represents a change of up 49.4% on the previous year and up 485.5% over ten years.

Over the whole period, bank or similar financial institution account, young in Armenia peaked at 60.9% in 2024 and was at its lowest, 10.4%, in 2014.

Armenia ranks 57th of 106 countries on this measure, in the middle of the range.

Bank or similar financial institution account, young in Armenia, year by year

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Armenia, 2011 to 2024.
Year % ages 15-24 Change
2011 13.9%
2014 10.4% -24.9%
2017 40.5% +289.6%
2021 40.7% +0.6%
2024 60.9% +49.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 21.6% 10.4% 40.5% 3
2020s 50.8% 40.7% 60.9% 2

Countries ranked near Armenia

  1. 54 Kazakhstan 63.8% compare
  2. 55 South Africa 62.7% compare
  3. 56 Uruguay 62.4% compare
  4. 58 Ecuador 60.4% compare
  5. 59 Republic of Moldova 59.0% compare
  6. 60 Bosnia and Herzegovina 58.4% compare

See the full ranking of 118 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is bank or similar financial institution account, young in Armenia?
Bank or similar financial institution account, young in Armenia was 60.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Armenia?
The highest recorded value was 60.9% in 2024.
What is the lowest bank or similar financial institution account, young recorded in Armenia?
The lowest recorded value was 10.4% in 2014.
How does Armenia rank for bank or similar financial institution account, young?
Armenia ranks 57th out of 106 countries with data for 2024.
Is bank or similar financial institution account, young rising or falling in Armenia?
Over the last ten years it is up 485.5%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Armenia. Statizoid. Retrieved 06 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/armenia/

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About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed