Armenia: Net primary income (net income from abroad) (current US$)

Key figures

What the numbers say

In 2025, Armenia's net primary income (net income from abroad) (current US$) rose US$40.97 million on 2024 (from −US$911.7 million to −US$870.74 million).

Across the 30 yearly changes before that (1995 to 2024), the average change was −US$30.26 million and a typical year strayed about US$156.21 million from that (the standard deviation). This year's change was 0.5 standard deviations above 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$259.51 million in 2013 and the biggest yearly fall was US$390.55 million in 2020. 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 downward, about US$155.28 million a year. A straight line explains 94% 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.

A straight-line projection, tested first

Extending that straight line gives about −US$1.32 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was US$247.91 million, against US$314.24 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Armenia had the 75th highest value of the 156 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

• Iran, Islamic Rep. — 72nd of 156: −US$792.98 million
• Maldives — 73rd of 156: −US$801.33 million
• Mali — 74th of 156: −US$852.8 million
• Cambodia — 76th of 156: −US$903.62 million
• Namibia — 77th of 156: −US$909.46 million
• North Macedonia — 78th of 156: −US$918.06 million

What this measures

Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

All 36 values

Net primary income (net income from abroad) (current US$) in nearby economies

• Albania — −US$58.23 million (2025)
• Austria — −US$1.03 billion (2024)
• Azerbaijan — −US$1.99 billion (2025)
• Belarus — −US$1.1 billion (2025)
• Belgium — US$10.96 billion (2024)
• Bosnia and Herzegovina — US$186,950 (2025)
• Bulgaria — −US$6.7 billion (2025)
• Croatia — −US$1.11 billion (2025)
• Cyprus — −US$4.59 billion (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

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Armenia's net primary income (net income from abroad) (current US$)?

−US$870.74 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is down 949.21% from −US$82.99 million in 1990. The highest value was US$691.28 million in 2008 and the lowest −US$911.7 million in 2024.

Source

World Bank, World Development Indicators, indicator NY.GSR.NFCY.CD, 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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