Owns a credit card in Armenia

Armenia: Owns a credit card was 7.7% in 2024. ▲ Rising

Latest (2024)
7.7%
Change on year
down 16.6%
World rank
38th
of 115 countries
All-time high
9.2%
in 2021
All-time low
2.3%
in 2011
Years of data
5
2011–2024

Owns a credit card in Armenia, 2011–2024

2468102011201720242011: 2.3 % age 15+2014: 5.5 % age 15+2017: 8.1 % age 15+2021: 9.2 % age 15+2024: 7.7 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

In 2024, owns a credit card in Armenia stood at 7.7%.

Compared with earlier readings it is down 16.6% on the previous year and up 39.9% over ten years.

Over the whole period, owns a credit card in Armenia peaked at 9.2% in 2021 and was at its lowest, 2.3%, in 2011.

That places Armenia 38th out of 115 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.3% 2.3% 8.1% 3
2020s 8.5% 7.7% 9.2% 2

Countries ranked near Armenia

  1. 35 Thailand 8.0% compare
  2. 36 Moldova 8.0% compare
  3. 37 Palestine 7.8% compare
  4. 39 Albania 7.4% compare
  5. 40 Mauritania 7.3% compare
  6. 41 Botswana 7.3% compare

See the full ranking of 125 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is owns a credit card in Armenia?
Owns a credit card in Armenia was 7.7% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Armenia?
The highest recorded value was 9.2% in 2021.
What is the lowest owns a credit card recorded in Armenia?
The lowest recorded value was 2.3% in 2011.
How does Armenia rank for owns a credit card?
Armenia ranks 38th out of 115 countries with data for 2024.
Is owns a credit card rising or falling in Armenia?
Over the last ten years it is up 39.9%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Owns a credit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 625 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a credit card, (% age 15+)