Gross domestic savings (% of GDP) in Armenia
Armenia: Gross domestic savings (% of GDP) 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 (% of GDP) 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% |
Armenia compared with similar countries
- Armenia's 18.7% is below the median for upper middle income countries, which is 18.9%, 99% of the median. (52 countries reporting)
- Armenia's 18.7% is below the median for Europe & Central Asia, which is 24.2%, 77% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +3694.5% | 0.1% | 3.2% |
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 18.5% compare
- 108 United Kingdom 18.3% compare
- 109 North Macedonia 18.0% compare
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (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.