Annual broad money growth in Armenia
Armenia: Annual broad money growth was 17.4 in 2023. ◆ Volatile
Latest (2023)
17.4
Change on year
up 8.1%
World rank
29th
of 163 countries
All-time high
42.33
in 2007
All-time low
2.38
in 2008
Years of data
24
2000–2023
Annual broad money growth in Armenia, 2000–2023
Source: Our World in Data.
Analysis
Armenia recorded 17.4 for annual broad money growth in 2023.
That represents a change of up 8.1% on the previous year and up 17.7% over ten years.
Over the whole period, annual broad money growth in Armenia peaked at 42.33 in 2007 and was at its lowest, 2.38, in 2008.
Armenia ranks 29th of 163 countries on this measure, 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 | 38.55 | — |
| 2001 | 4.28 | -88.9% |
| 2002 | 33.98 | +693.9% |
| 2003 | 10.35 | -69.5% |
| 2004 | 22.29 | +115.4% |
| 2005 | 27.84 | +24.9% |
| 2006 | 32.88 | +18.1% |
| 2007 | 42.33 | +28.7% |
| 2008 | 2.38 | -94.4% |
| 2009 | 15.15 | +536.6% |
| 2010 | 11.83 | -21.9% |
| 2011 | 23.66 | +100.0% |
| 2012 | 19.47 | -17.7% |
| 2013 | 14.78 | -24.1% |
| 2014 | 8.34 | -43.6% |
| 2015 | 10.84 | +30.0% |
| 2016 | 17.48 | +61.3% |
| 2017 | 18.47 | +5.7% |
| 2018 | 7.45 | -59.7% |
| 2019 | 11.18 | +50.1% |
| 2020 | 8.96 | -19.9% |
| 2021 | 13.1 | +46.2% |
| 2022 | 16.1 | +22.9% |
| 2023 | 17.4 | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23 | 2.38 | 42.33 | 10 |
| 2010s | 14.35 | 7.45 | 23.66 | 10 |
| 2020s | 13.89 | 8.96 | 17.4 | 4 |
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)
- 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 annual broad money growth in Armenia?
- Annual broad money growth in Armenia was 17.4 in 2023, according to Our World in Data.
- What is the highest annual broad money growth recorded in Armenia?
- The highest recorded value was 42.33 in 2007.
- What is the lowest annual broad money growth recorded in Armenia?
- The lowest recorded value was 2.38 in 2008.
- How does Armenia rank for annual broad money growth?
- Armenia ranks 29th out of 163 countries with data for 2023.
- Is annual broad money growth rising or falling in Armenia?
- Over the last ten years it is up 17.7%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).