Saved at a financial institution or using a mobile money account in Armenia

Armenia: Saved at a financial institution or using a mobile money account was 10.8% in 2024. ◆ Volatile

Latest (2024)
10.8%
Change on year
up 48.1%
World rank
71st
of 82 countries
All-time high
10.8%
in 2024
All-time low
0.8%
in 2011
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Armenia, 2011–2024

02.557.5102011201720242011: 0.819 % age 15+2014: 1.6 % age 15+2017: 10 % age 15+2021: 7.3 % age 15+2024: 10.8 % age 15+

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

Analysis

The most recent figure for saved at a financial institution or using a mobile money account in Armenia is 10.8%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 48.1% on the previous year and up 559.0% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Armenia peaked at 10.8% in 2024 and was at its lowest, 0.8%, in 2011.

That places Armenia 71st out of 82 countries with data for 2024, putting it in the bottom quarter.

Saved at a financial institution or using a mobile money account in Armenia, year by year

Annual values for Saved at a financial institution or using a mobile money account (% 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 7.3% -27.0%
2024 10.8% +48.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.2% 0.8% 10.0% 3
2020s 9.1% 7.3% 10.8% 2

Countries ranked near Armenia

  1. 68 Pakistan 12.7% compare
  2. 69 Madagascar 11.1% compare
  3. 70 Jordan 11.1% compare
  4. 72 Guatemala 10.8% compare
  5. 73 Cambodia 10.6% compare
  6. 74 Bangladesh 10.6% compare

See the full ranking of 92 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Armenia?
Saved at a financial institution or using a mobile money account in Armenia was 10.8% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Armenia?
The highest recorded value was 10.8% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Armenia?
The lowest recorded value was 0.8% in 2011.
How does Armenia rank for saved at a financial institution or using a mobile money account?
Armenia ranks 71st out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Armenia?
Over the last ten years it is up 559.0%. 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 financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Armenia. Statizoid, drawing on Global Findex Database. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/armenia/

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About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 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 or using a mobile money account to save in the past year, (% age 15+)