Personal remittances, received in Armenia
Armenia: Personal remittances, received was 4.9% in 2025. ▼ Falling
Personal remittances, received in Armenia, 1995–2025
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Armenia is 4.9%, measured in 2025.
Compared with earlier readings it is down 0.5% on the previous year and down 65.3% over ten years.
Over the whole period, personal remittances, received in Armenia peaked at 22.0% in 2004 and was at its lowest, 4.9%, in 1995.
Armenia ranks 63rd of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Personal remittances, received in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 4.9% | — |
| 1996 | 9.6% | +98.1% |
| 1997 | 14.0% | +45.1% |
| 1998 | 8.8% | -37.0% |
| 1999 | 9.9% | +12.5% |
| 2000 | 9.5% | -3.7% |
| 2001 | 9.9% | +3.6% |
| 2002 | 11.1% | +12.4% |
| 2003 | 12.0% | +7.7% |
| 2004 | 22.0% | +84.0% |
| 2005 | 18.7% | -15.2% |
| 2006 | 18.3% | -1.9% |
| 2007 | 17.9% | -2.5% |
| 2008 | 16.3% | -8.6% |
| 2009 | 16.6% | +2.0% |
| 2010 | 18.0% | +8.3% |
| 2011 | 17.7% | -1.6% |
| 2012 | 18.0% | +1.7% |
| 2013 | 19.7% | +9.3% |
| 2014 | 17.9% | -9.2% |
| 2015 | 14.1% | -21.1% |
| 2016 | 13.1% | -7.3% |
| 2017 | 13.3% | +1.8% |
| 2018 | 11.9% | -10.5% |
| 2019 | 11.2% | -6.1% |
| 2020 | 10.5% | -6.4% |
| 2021 | 11.2% | +6.9% |
| 2022 | 10.9% | -3.1% |
| 2023 | 6.4% | -41.2% |
| 2024 | 4.9% | -23.0% |
| 2025 | 4.9% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.4% | 4.9% | 14.0% | 5 |
| 2000s | 15.2% | 9.5% | 22.0% | 10 |
| 2010s | 15.5% | 11.2% | 19.7% | 10 |
| 2020s | 8.1% | 4.9% | 11.2% | 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)
- Gross capital formation (constant 2015 US$), annual growth rate 15.6 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1709 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,619 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate -20.99 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5361 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 5,079 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate -22.14 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 207.46 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is personal remittances, received in Armenia?
- Personal remittances, received in Armenia was 4.9% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Armenia?
- The highest recorded value was 22.0% in 2004.
- What is the lowest personal remittances, received recorded in Armenia?
- The lowest recorded value was 4.9% in 1995.
- How does Armenia rank for personal remittances, received?
- Armenia ranks 63rd out of 196 countries with data for 2025.
- Is personal remittances, received rising or falling in Armenia?
- Over the last ten years it is down 65.3%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.