Personal remittances and foreign aid received in Armenia

Armenia: Personal remittances and foreign aid received was 1.56 billion current US$ in 2021. ◆ Volatile

Latest (2021)
1.56 billion current US$
Change on year
up 17.3%
World rank
71st
of 193 countries
All-time high
2.19 billion current US$
in 2013
All-time low
71.35 million current US$
in 1995
Years of data
27
1995–2021

Personal remittances and foreign aid received in Armenia, 1995–2021

0500.0M1.0B1.5B2.0B1995200820211995: 71.3M current US$1996: 153.7M current US$1997: 229.0M current US$1998: 166.6M current US$1999: 182.7M current US$2000: 182.2M current US$2001: 209.2M current US$2002: 263.9M current US$2003: 335.9M current US$2004: 787.5M current US$2005: 915.2M current US$2006: 1.2B current US$2007: 1.6B current US$2008: 1.9B current US$2009: 1.4B current US$2010: 1.7B current US$2011: 1.8B current US$2012: 1.9B current US$2013: 2.2B current US$2014: 2.1B current US$2015: 1.5B current US$2016: 1.4B current US$2017: 1.5B current US$2018: 1.5B current US$2019: 1.5B current US$2020: 1.3B current US$2021: 1.6B current US$

Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.

Analysis

The most recent figure for personal remittances and foreign aid received in Armenia is 1.56 billion current US$, measured in 2021.

Compared with earlier readings it is up 17.3% on the previous year and down 13.4% over ten years.

Over the whole period, personal remittances and foreign aid received in Armenia peaked at 2.19 billion current US$ in 2013 and was at its lowest, 71.35 million current US$, in 1995.

Armenia ranks 71st of 193 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 160.67 million current US$ 71.35 million current US$ 228.99 million current US$ 5
2000s 885.13 million current US$ 182.16 million current US$ 1.90 billion current US$ 10
2010s 1.71 billion current US$ 1.38 billion current US$ 2.19 billion current US$ 10
2020s 1.44 billion current US$ 1.33 billion current US$ 1.56 billion current US$ 2

Countries ranked near Armenia

  1. 68 Albania 1.72 billion current US$ compare
  2. 69 Bermuda 1.66 billion current US$ compare
  3. 70 Syria 1.62 billion current US$ compare
  4. 72 Malaysia 1.55 billion current US$ compare
  5. 73 Azerbaijan 1.53 billion current US$ compare
  6. 74 Bolivia 1.42 billion current US$ compare

See the full ranking of 193 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is personal remittances and foreign aid received in Armenia?
Personal remittances and foreign aid received in Armenia was 1.56 billion current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
What is the highest personal remittances and foreign aid received recorded in Armenia?
The highest recorded value was 2.19 billion current US$ in 2013.
What is the lowest personal remittances and foreign aid received recorded in Armenia?
The lowest recorded value was 71.35 million current US$ in 1995.
How does Armenia rank for personal remittances and foreign aid received?
Armenia ranks 71st out of 193 countries with data for 2021.
Is personal remittances and foreign aid received rising or falling in Armenia?
Over the last ten years it is down 13.4%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Personal remittances and foreign aid received
Unit
current US$
Source
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.