Armenia's gross savings (current LCU) was 1.98 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 112.31% from 930.74 billion in 2015 (7.82% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.98 trillion | 2025 |
| Five years earlier | 967.25 billion | 2020 |
| Ten years earlier | 930.74 billion | 2015 |
| Highest | 2.01 trillion | 2024 |
| Lowest | -11.12 billion | 1995 |
| Average since 2016 | 1.37 trillion | 2016–2025 |
| First recorded | -229.46 million |
What the numbers say
In 2025, Armenia's gross savings (current LCU) fell 35.08 billion on 2024 (from 2.01 trillion to 1.98 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +66.88 billion and a typical year strayed about 193.6 billion from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 558.79 billion in 2022 and the biggest yearly fall was 554.39 billion in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 158.19 billion a year. A straight line explains 79% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Armenia had the 33rd highest value of the 100 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Armenia in the 2025 ranking
- Venezuela, RB — 30th of 100: 2.12 trillion
- Norway — 31st of 100: 2.06 trillion
- Sweden — 32nd of 100: 2.01 trillion
- Serbia — 34th of 100: 1.97 trillion
- Dominican Republic — 35th of 100: 1.84 trillion
- Brazil — 36th of 100: 1.84 trillion
What this measures
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 33 values
| Year | Gross savings (current LCU) |
|---|---|
| 2025 | 1,976,023,573,661 |
| 2024 | 2,011,106,788,564 |
| 2023 | 1,916,449,276,403 |
| 2022 | 1,935,616,519,375 |
| 2021 | 1,376,821,953,363 |
| 2020 | 967,251,727,878 |
| 2019 | 678,689,856,143 |
| 2018 | 935,864,128,752 |
| 2017 | 955,894,139,302 |
| 2016 | 905,776,957,958 |
Gross savings (current LCU) in nearby economies
- Albania — 604.68 billion (2025)
- Austria — 132.35 billion (2025)
- Azerbaijan — 30.29 billion (2025)
- Belarus — 72.76 billion (2025)
- Belgium — 153.93 billion (2025)
- Bosnia and Herzegovina — 11.42 billion (2025)
- Bulgaria — 19.4 billion (2025)
- Croatia — 19.53 billion (2025)
- Cyprus — 4.69 billion (2025)
- Czechia — 2.37 trillion (2025)
- Denmark — 1.06 trillion (2025)
More economic policy & debt data for Armenia
- Adjusted savings, education expenditure (% of GNI) — 2.72% (2021)
- Adjusted savings, mineral depletion (current US$) — US$448.08 million (2021)
- General government final consumption expenditure (current US$) — US$2.98 billion (2025)
- General government final consumption expenditure (current LCU) — 1.15 trillion (2025)
- General government final consumption expenditure (% of GDP) — 10.19% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$20.79 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 8.05 trillion (2025)
- Households and NPISHs final consumption expenditure, linked series (current LCU)
Reading data like this
Questions people ask
- What is Armenia's gross savings (current LCU)?
- 1.98 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 861,275% from -229.46 million in 1993. The highest value was 2.01 trillion in 2024 and the lowest -11.12 billion in 1995.
- How does Armenia rank?
- 33rd highest of 100 economies with data for 2025.
- Is the latest change in gross savings (current LCU) unusual for Armenia?
- In 2025, Armenia's gross savings (current LCU) fell 35.08 billion on 2024 (from 2.01 trillion to 1.98 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +66.88 billion and a typical year strayed about 193.6 billion from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GNS.ICTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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