Adjusted savings: gross savings in Armenia
Armenia: Adjusted savings: gross savings was 2.28 billion current US$ in 2021. ◆ Volatile
Latest (2021)
2.28 billion current US$
Change on year
up 13.4%
World rank
129th
of 177 countries
All-time high
3.25 billion current US$
in 2008
All-time low
-65.34 million current US$
in 1993
Years of data
29
1993–2021
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$, in 1993.
That places Armenia 129th out of 177 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Armenia, year by year
| Year | current US$ | 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% |
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
- 126 Mozambique 2.35 billion current US$ compare
- 127 Republic of Moldova 2.31 billion current US$ compare
- 128 Sudan 2.30 billion current US$ compare
- 130 Suriname 2.20 billion current US$ compare
- 131 Niger 1.80 billion current US$ compare
- 132 Kyrgyzstan 1.72 billion current US$ compare
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)
- GNI (current LCU), annual growth rate 11.64 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 375.49 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 3.56 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 4.49 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 5.88 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 20.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1065 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,009 current US$ per person (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 129th out of 177 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.