Armenia Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Armenia's gross savings was 19.28% in 2025, ranked 99th globally. This represents a 0.2% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Armenia's gross savings stood at 19.28% in 2025, a rise of +0.04% from 2024. The IMF projects 19.28% by 2025. Armenia ranked 99th globally.
Armenia’s gross savings ratio has risen markedly since the early 1990s, moving from a low of –5.44 in 1993 to a modest positive position of 19.28 in 2025, which places the country 99th in the world out of roughly 200 economies. The upward trajectory peaked in 2007 when savings reached 28.60, a level that has not been matched in the subsequent decade‑long decline. Over the 33‑year span, the indicator has averaged around the low‑twenties, a range shared by peers such as Thailand (19.37) and Serbia (19.55), suggesting that Armenia’s savings behavior is broadly comparable to other emerging markets with similar income levels. The post‑2007 contraction reflects the combined impact of global financial turbulence, domestic fiscal pressures, and slower growth in private sector profitability, while recent modest gains point to gradual improvements in household and corporate saving propensities. If reforms that boost investment returns and strengthen fiscal buffers continue, the savings ratio is likely to edge upward, narrowing the gap with the region’s more advanced peers.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 19.54% | - | - |
| 2029* IMF | 19.24% | - | - |
| 2028* IMF | 19.09% | - | - |
| 2027* IMF | 19.08% | - | - |
| 2026* IMF | 18.40% | - | - |
| 2025* IMF | 19.28% | - | - |
| 2025 | 19.28% | +0.04% | #99 |
| 2024 | 19.24% | −0.94% | #109 |
| 2023 | 20.19% | −2.93% | #105 |
| 2022 | 22.77% | +3.20% | #88 |
| 2021 | 19.69% | +4.03% | #113 |
| 2020 | 15.65% | +5.29% | #134 |
| 2019 | 10.37% | −4.80% | #169 |
| 2018 | 15.55% | −1.61% | #139 |
| 2017 | 17.18% | +0.12% | #128 |
| 2016 | 17.87% | −0.19% | #123 |
| 2015 | 18.45% | +4.92% | #117 |
| 2014 | 13.28% | −1.57% | #144 |
| 2013 | 14.84% | −0.53% | #132 |
| 2012 | 14.10% | −2.74% | #132 |
| 2011 | 11.10% | −8.15% | #154 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's gross savings was 19.28% in 2025. Ranked 99th globally. This represents a 0.2% increase from the previous year.
Armenia's gross savings peaked at 28.60% in 2007.
The lowest gross savings in Armenia was -5.44% in 1993.
Armenia ranks 99th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Armenia's gross savings is projected to reach 19.28% by 2025 based on IMF projection.
The gross savings of Armenia in 2025 was 19.28%. This ranks 99th in the world.
Cite this page
@misc{historysaid_armenia_gross-savings,
title = {Armenia Gross Savings},
url = {https://historysaid.com/armenia/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}