Gross savings in Armenia
Armenia: Gross savings was 17.4% in 2025. ◆ Volatile
Gross savings in Armenia, 1993–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
Armenia recorded 17.4% for gross savings in 2025.
The figure is down 12.6% on the previous year and down 1.7% over ten years.
Over the whole period, gross savings in Armenia peaked at 27.3% in 2006 and was at its lowest, -5.4%, in 1993.
Armenia ranks 123rd of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Armenia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | -5.4% | — |
| 1994 | 2.6% | -147.3% |
| 1995 | -2.1% | -180.5% |
| 1996 | 1.7% | -183.8% |
| 1997 | 3.7% | +112.5% |
| 1998 | 0.7% | -80.2% |
| 1999 | 2.8% | +275.3% |
| 2000 | -0.9% | -132.7% |
| 2001 | 5.3% | -684.3% |
| 2002 | 9.9% | +88.5% |
| 2003 | 15.8% | +59.7% |
| 2004 | 18.9% | +19.7% |
| 2005 | 23.3% | +23.2% |
| 2006 | 27.3% | +16.8% |
| 2007 | 27.1% | -0.4% |
| 2008 | 26.3% | -2.9% |
| 2009 | 13.5% | -48.8% |
| 2010 | 12.6% | -6.7% |
| 2011 | 10.7% | -14.8% |
| 2012 | 13.6% | +26.5% |
| 2013 | 14.0% | +3.1% |
| 2014 | 12.7% | -9.1% |
| 2015 | 17.7% | +39.5% |
| 2016 | 17.5% | -1.5% |
| 2017 | 16.6% | -5.0% |
| 2018 | 15.3% | -7.8% |
| 2019 | 10.2% | -33.2% |
| 2020 | 15.9% | +55.4% |
| 2021 | 20.3% | +27.5% |
| 2022 | 23.4% | +15.2% |
| 2023 | 20.7% | -11.2% |
| 2024 | 19.9% | -3.8% |
| 2025 | 17.4% | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | -5.4% | 3.7% | 7 |
| 2000s | 16.7% | -0.9% | 27.3% | 10 |
| 2010s | 14.1% | 10.2% | 17.7% | 10 |
| 2020s | 19.6% | 15.9% | 23.4% | 6 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1099 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 1,041 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 42.54 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 403,026 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0578 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 547.68 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 244,539 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 13.7 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Armenia?
- Gross savings in Armenia was 17.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Armenia?
- The highest recorded value was 27.3% in 2006.
- What is the lowest gross savings recorded in Armenia?
- The lowest recorded value was -5.4% in 1993.
- How does Armenia rank for gross savings?
- Armenia ranks 123rd out of 178 countries with data for 2025.
- Is gross savings rising or falling in Armenia?
- Over the last ten years it is down 1.7%. 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 Offices (NSOs), published as part of Gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.