Armenia's net financial flows, IBRD (NFL, current US$) was US$106.43 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 6.41% from US$100.02 million in 2014 (0.62% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$106.43 million | 2024 |
| Five years earlier | US$84.82 million | 2019 |
| Ten years earlier | US$100.02 million | 2014 |
| Highest | US$132.41 million | 2016 |
| Lowest | −US$855,000 | 2008 |
| Average since 2015 | US$68.03 million | 2015–2024 |
| First recorded | US$506,000 |
What the numbers say
In 2024, Armenia's net financial flows, IBRD (NFL, current US$) fell US$11.32 million on 2023 (from US$117.74 million to US$106.43 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$3.91 million and a typical year strayed about US$34.6 million from that (the standard deviation). This year's change was 0.4 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 US$111.99 million in 2023 and the biggest yearly fall was US$99.53 million in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Armenia had the 26th highest value of the 62 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.
| Value | Year | |
|---|---|---|
| Armenia | US$106.43 million | 2024 |
| Europe & Central Asia | US$5.92 billion | 2024 |
| Upper middle income | US$8.4 billion | 2024 |
Closest to Armenia in the 2024 ranking
- Bolivia — 23rd of 62: US$115.71 million
- Cameroon — 24th of 62: US$111.48 million
- Bosnia and Herzegovina — 25th of 62: US$107.84 million
- Montenegro — 27th of 62: US$78.92 million
- Sri Lanka — 28th of 62: US$64.29 million
- Congo, Rep. — 29th of 62: US$60.55 million
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IBRD is the International Bank for Reconstruction and Development, the founding and largest member of the World Bank Group. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 32 values
| Year | Net financial flows, IBRD (NFL, current US$) |
|---|---|
| 2024 | 106,428,000 |
| 2023 | 117,744,000 |
| 2022 | 5,751,000 |
| 2021 | 32,303,000 |
| 2020 | 18,777,000 |
| 2019 | 84,820,000 |
| 2018 | 49,117,000 |
| 2017 | 32,882,000 |
| 2016 | 132,414,000 |
| 2015 | 100,044,000 |
| 2014 |
Net financial flows, IBRD (NFL, current US$) in nearby economies
- Albania — US$3.47 million (2024)
- Azerbaijan — −US$141.26 million (2024)
- Belarus — US$0 (2024)
- Bosnia and Herzegovina — US$107.84 million (2024)
- Bulgaria — −US$70.13 million (2022)
- Croatia — US$4.95 million (2016)
- Czechia — US$0 (2016)
- Estonia — US$0 (2016)
- Georgia — US$153.07 million (2024)
- Hungary — US$0 (2016)
More economic policy & debt data for Armenia
- Adjusted savings, education expenditure (% of GNI) — 2.72% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$20.79 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 8.05 trillion (2025)
- Households and NPISHs final consumption expenditure, linked series (current LCU)
Reading data like this
Questions people ask
- What is Armenia's net financial flows, IBRD (NFL, current US$)?
- US$106.43 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 20,933% from US$506,000 in 1993 (18.83% a year on average, compounded). The highest value was US$132.41 million in 2016 and the lowest −US$855,000 in 2008.
- How does Armenia rank?
- 26th highest of 62 economies with data for 2024.
- Is the latest change in net financial flows, IBRD (NFL, current US$) unusual for Armenia?
- In 2024, Armenia's net financial flows, IBRD (NFL, current US$) fell US$11.32 million on 2023 (from US$117.74 million to US$106.43 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$3.91 million and a typical year strayed about US$34.6 million from that (the standard deviation). This year's change was 0.4 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 DT.NFL.MIBR.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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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