Adjusted savings: gross savings (current US$) in Armenia
Armenia: Adjusted savings: gross savings was 2.28 billion current US$ in 2021. ◆ Volatile
Adjusted savings: gross savings in Armenia, 1993–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
In 2021, adjusted savings: gross savings in Armenia stood at 2.28 billion current US$.
Compared with earlier readings it is up 13.4% on the previous year and up 102.9% over ten years.
Over the whole period, adjusted savings: gross savings in Armenia peaked at 3.25 billion current US$ in 2008 and was at its lowest, -65.34 million current US$, in 1993.
That places Armenia 130th out of 178 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | -65.34 million current US$ | — |
| 1994 | 33.78 million current US$ | -151.7% |
| 1995 | -31.27 million current US$ | -192.6% |
| 1996 | 28.55 million current US$ | -191.3% |
| 1997 | 64.17 million current US$ | +124.8% |
| 1998 | 14.32 million current US$ | -77.7% |
| 1999 | 52.30 million current US$ | +265.2% |
| 2000 | -17.72 million current US$ | -133.9% |
| 2001 | 114.65 million current US$ | -747.0% |
| 2002 | 243.47 million current US$ | +112.4% |
| 2003 | 458.73 million current US$ | +88.4% |
| 2004 | 705.12 million current US$ | +53.7% |
| 2005 | 1.19 billion current US$ | +68.9% |
| 2006 | 1.82 billion current US$ | +53.0% |
| 2007 | 2.63 billion current US$ | +44.5% |
| 2008 | 3.25 billion current US$ | +23.6% |
| 2009 | 1.21 billion current US$ | -62.7% |
| 2010 | 1.22 billion current US$ | +0.6% |
| 2011 | 1.13 billion current US$ | -7.9% |
| 2012 | 1.50 billion current US$ | +33.0% |
| 2013 | 1.65 billion current US$ | +10.2% |
| 2014 | 1.54 billion current US$ | -6.6% |
| 2015 | 1.95 billion current US$ | +26.3% |
| 2016 | 1.89 billion current US$ | -3.2% |
| 2017 | 1.95 billion current US$ | +3.5% |
| 2018 | 1.91 billion current US$ | -1.9% |
| 2019 | 1.36 billion current US$ | -29.1% |
| 2020 | 2.01 billion current US$ | +48.4% |
| 2021 | 2.28 billion current US$ | +13.4% |
Armenia compared with similar countries
- Armenia's 2.28 billion current US$ is below the median for upper middle income countries, which is 9.19 billion current US$, 25% of the median. (51 countries reporting)
- Armenia's 2.28 billion current US$ is below the median for Europe & Central Asia, which is 22.92 billion current US$, 10% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +747.0% | -17.72 million current US$ | 114.65 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.79 million current US$ | -65.34 million current US$ | 64.17 million current US$ | 7 |
| 2000s | 1.16 billion current US$ | -17.72 million current US$ | 3.25 billion current US$ | 10 |
| 2010s | 1.61 billion current US$ | 1.13 billion current US$ | 1.95 billion current US$ | 10 |
| 2020s | 2.15 billion current US$ | 2.01 billion current US$ | 2.28 billion current US$ | 2 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Armenia?
- Adjusted savings: gross savings in Armenia was 2.28 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Armenia?
- The highest recorded value was 3.25 billion current US$ in 2008.
- What is the lowest adjusted savings: gross savings recorded in Armenia?
- The lowest recorded value was -65.34 million current US$ in 1993.
- How does Armenia rank for adjusted savings: gross savings?
- Armenia ranks 130th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Armenia?
- Over the last ten years it is up 102.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.