Annual broad money growth in Armenia
Armenia: Annual broad money growth was 13.7% in 2024. ◆ Volatile
Latest (2024)
13.7%
Change on year
down 21.5%
World rank
35th
of 147 countries
All-time high
42.3%
in 2007
All-time low
2.4%
in 2008
Years of data
25
2000–2024
Annual broad money growth in Armenia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Armenia recorded 13.7% for annual broad money growth in 2024.
The figure is down 21.5% on the previous year and up 63.9% over ten years.
Over the whole period, annual broad money growth in Armenia peaked at 42.3% in 2007 and was at its lowest, 2.4%, in 2008.
That places Armenia 35th out of 147 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 38.6% | — |
| 2001 | 4.3% | -88.9% |
| 2002 | 34.0% | +693.0% |
| 2003 | 10.4% | -69.5% |
| 2004 | 22.3% | +115.4% |
| 2005 | 27.8% | +24.9% |
| 2006 | 32.9% | +18.1% |
| 2007 | 42.3% | +28.7% |
| 2008 | 2.4% | -94.4% |
| 2009 | 15.1% | +536.8% |
| 2010 | 11.8% | -21.9% |
| 2011 | 23.7% | +100.0% |
| 2012 | 19.5% | -17.7% |
| 2013 | 14.8% | -24.1% |
| 2014 | 8.3% | -43.6% |
| 2015 | 10.8% | +30.0% |
| 2016 | 17.5% | +61.3% |
| 2017 | 18.5% | +5.7% |
| 2018 | 7.4% | -59.7% |
| 2019 | 11.2% | +50.2% |
| 2020 | 9.0% | -19.9% |
| 2021 | 13.1% | +46.2% |
| 2022 | 16.1% | +22.9% |
| 2023 | 17.4% | +8.0% |
| 2024 | 13.7% | -21.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.0% | 2.4% | 42.3% | 10 |
| 2010s | 14.3% | 7.4% | 23.7% | 10 |
| 2020s | 13.8% | 9.0% | 17.4% | 5 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,465 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 345.81 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5394 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual broad money growth in Armenia?
- Annual broad money growth in Armenia was 13.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual broad money growth recorded in Armenia?
- The highest recorded value was 42.3% in 2007.
- What is the lowest annual broad money growth recorded in Armenia?
- The lowest recorded value was 2.4% in 2008.
- How does Armenia rank for annual broad money growth?
- Armenia ranks 35th out of 147 countries with data for 2024.
- Is annual broad money growth rising or falling in Armenia?
- Over the last ten years it is up 63.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual broad money growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).