Saved at a bank or similar financial institution in Armenia

Armenia: Saved at a bank or similar financial institution was 9.1% in 2024. ◆ Volatile

Latest (2024)
9.1%
Change on year
up 62.9%
World rank
60th
of 80 countries
All-time high
10.0%
in 2017
All-time low
0.8%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Armenia, 2011–2024

02468102011201720242011: 0.819 % age 15+2014: 1.6 % age 15+2017: 10 % age 15+2021: 5.6 % age 15+2024: 9.1 % age 15+

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

Analysis

The most recent figure for saved at a bank or similar financial institution in Armenia is 9.1%, measured in 2024.

The figure is up 62.9% on the previous year and up 454.4% over ten years.

Over the whole period, saved at a bank or similar financial institution in Armenia peaked at 10.0% in 2017 and was at its lowest, 0.8%, in 2011.

Armenia ranks 60th of 80 countries on this measure, in the middle of the range.

Saved at a bank or similar financial institution in Armenia, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Armenia, 2011 to 2024.
Year % age 15+ Change
2011 0.8%
2014 1.6% +100.8%
2017 10.0% +509.1%
2021 5.6% -44.1%
2024 9.1% +62.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.2% 0.8% 10.0% 3
2020s 7.4% 5.6% 9.1% 2

Countries ranked near Armenia

  1. 57 Cambodia 9.3% compare
  2. 58 Cameroon 9.2% compare
  3. 59 Uzbekistan 9.2% compare
  4. 61 Palestine, State of 8.8% compare
  5. 62 Mali 8.7% compare
  6. 63 Congo, Democratic Republic of the 8.5% compare

See the full ranking of 90 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is saved at a bank or similar financial institution in Armenia?
Saved at a bank or similar financial institution in Armenia was 9.1% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Armenia?
The highest recorded value was 10.0% in 2017.
What is the lowest saved at a bank or similar financial institution recorded in Armenia?
The lowest recorded value was 0.8% in 2011.
How does Armenia rank for saved at a bank or similar financial institution?
Armenia ranks 60th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Armenia?
Over the last ten years it is up 454.4%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a bank or similar financial institution in Armenia. Statizoid, drawing on Global Findex Database. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/saved-at-a-bank-or-similar-financial-institution-percent-age-15/armenia/

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)