Adjusted savings: net national savings in Armenia
Armenia: Adjusted savings: net national savings was 4.0% in 2021. ◆ Volatile
Adjusted savings: net national savings in Armenia, 1993–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Armenia recorded 4.0% for adjusted savings: net national savings in 2021.
That represents a change of up 19.9% on the previous year and up 546.3% over ten years.
Over the whole period, adjusted savings: net national savings in Armenia peaked at 15.2% in 2008 and was at its lowest, -20.6%, in 1993.
That places Armenia 127th 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: net national savings in Armenia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | -20.6% | — |
| 1994 | -12.2% | -40.6% |
| 1995 | -16.0% | +30.9% |
| 1996 | -12.8% | -19.8% |
| 1997 | -11.2% | -12.9% |
| 1998 | -13.8% | +23.6% |
| 1999 | -12.2% | -11.7% |
| 2000 | -16.3% | +33.8% |
| 2001 | -9.9% | -39.3% |
| 2002 | -5.8% | -41.9% |
| 2003 | 0.9% | -116.3% |
| 2004 | 5.0% | +427.9% |
| 2005 | 9.9% | +99.3% |
| 2006 | 14.8% | +49.8% |
| 2007 | 15.0% | +1.0% |
| 2008 | 15.2% | +1.4% |
| 2009 | 1.8% | -88.2% |
| 2010 | 0.6% | -67.5% |
| 2011 | -0.9% | -255.5% |
| 2012 | 1.4% | -255.4% |
| 2013 | 2.0% | +40.6% |
| 2014 | 0.5% | -72.5% |
| 2015 | 4.4% | +721.4% |
| 2016 | 3.9% | -12.9% |
| 2017 | 3.4% | -13.3% |
| 2018 | 2.3% | -32.0% |
| 2019 | -2.7% | -217.0% |
| 2020 | 3.4% | -225.7% |
| 2021 | 4.0% | +19.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -14.1% | -20.6% | -11.2% | 7 |
| 2000s | 3.0% | -16.3% | 15.2% | 10 |
| 2010s | 1.5% | -2.7% | 4.4% | 10 |
| 2020s | 3.7% | 3.4% | 4.0% | 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)
- Total reserves minus gold (current US$), annual growth rate 38.07 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.174 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,648 current US$ per person (2025)
- General government final consumption expenditure (current US$) 7.71 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1019 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 965.82 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.14 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 39.45 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Armenia?
- Adjusted savings: net national savings in Armenia was 4.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Armenia?
- The highest recorded value was 15.2% in 2008.
- What is the lowest adjusted savings: net national savings recorded in Armenia?
- The lowest recorded value was -20.6% in 1993.
- How does Armenia rank for adjusted savings: net national savings?
- Armenia ranks 127th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Armenia?
- Over the last ten years it is up 546.3%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.