Gross domestic savings in Armenia
Armenia: Gross domestic savings was 18.7% in 2025. ◆ Volatile
Gross domestic savings in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross domestic savings in Armenia stood at 18.7%.
The figure is down 11.0% on the previous year and up 108.4% over ten years.
Over the whole period, gross domestic savings in Armenia peaked at 33.1% in 1990 and was at its lowest, -17.5%, in 1995.
That places Armenia 106th out of 188 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 33.1% | — |
| 1991 | 24.2% | -26.8% |
| 1992 | -12.7% | -152.4% |
| 1993 | -10.6% | -16.6% |
| 1994 | -5.8% | -44.9% |
| 1995 | -17.5% | +199.3% |
| 1996 | -11.7% | -33.2% |
| 1997 | -14.7% | +26.4% |
| 1998 | -11.2% | -24.3% |
| 1999 | -8.3% | -25.8% |
| 2000 | -13.0% | +56.7% |
| 2001 | -8.8% | -32.5% |
| 2002 | -2.9% | -67.2% |
| 2003 | 3.0% | -204.7% |
| 2004 | 3.9% | +29.2% |
| 2005 | 10.9% | +180.0% |
| 2006 | 14.7% | +35.5% |
| 2007 | 15.2% | +3.5% |
| 2008 | 15.3% | +0.4% |
| 2009 | 3.2% | -79.3% |
| 2010 | 1.7% | -46.4% |
| 2011 | 0.1% | -95.0% |
| 2012 | 3.2% | +3694.5% |
| 2013 | 1.3% | -60.2% |
| 2014 | 2.4% | +85.4% |
| 2015 | 9.0% | +279.1% |
| 2016 | 10.2% | +14.2% |
| 2017 | 7.7% | -25.3% |
| 2018 | 8.7% | +13.9% |
| 2019 | 4.1% | -53.1% |
| 2020 | 9.7% | +137.2% |
| 2021 | 15.1% | +55.3% |
| 2022 | 21.5% | +43.0% |
| 2023 | 21.5% | +0.1% |
| 2024 | 21.0% | -2.4% |
| 2025 | 18.7% | -11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.5% | -17.5% | 33.1% | 10 |
| 2000s | 4.2% | -13.0% | 15.3% | 10 |
| 2010s | 4.8% | 0.1% | 10.2% | 10 |
| 2020s | 17.9% | 9.7% | 21.5% | 6 |
Countries ranked near Armenia
- 103 Croatia 19.5% compare
- 104 Latvia 19.5% compare
- 105 Serbia 19.1% compare
- 107 United States of America 18.5% compare
- 108 United Kingdom of Great Britain and Northern Ireland 18.3% compare
- 109 North Macedonia 18.0% 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)
- 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 gross domestic savings in Armenia?
- Gross domestic savings in Armenia was 18.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Armenia?
- The highest recorded value was 33.1% in 1990.
- What is the lowest gross domestic savings recorded in Armenia?
- The lowest recorded value was -17.5% in 1995.
- How does Armenia rank for gross domestic savings?
- Armenia ranks 106th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Armenia?
- Over the last ten years it is up 108.4%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.