Armenia's net secondary income (net current transfers from abroad) (current US$) was US$347.93 million in 2025, the latest year in the World Bank's World Development Indicators. That is down 39.19% from US$572.18 million in 2015 (4.85% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$347.93 million | 2025 |
| Five years earlier | US$954.96 million | 2020 |
| Ten years earlier | US$572.18 million | 2015 |
| Highest | US$1.04 billion | 2021 |
| Lowest | US$63.13 million | 1993 |
| Average since 2016 | US$639.95 million | 2016–2025 |
| First recorded | US$63.13 million |
What the numbers say
In 2025, Armenia's net secondary income (net current transfers from abroad) (current US$) fell 22.5% on 2024 (from US$448.91 million to US$347.93 million).
Across the 30 yearly changes before that (1995 to 2024), the average change was +8.2% and a typical year strayed about 26.6% from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 81.4% in 1994 and the biggest yearly fall was 59.1% in 2023. 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 there is no clear straight-line trend: a straight line explains 15% 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 2025, Armenia had the 73rd highest value of the 130 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
- Sierra Leone — 69th of 130: US$425 million
- Guinea — 70th of 130: US$393.46 million
- Mongolia — 71st of 130: US$355.63 million
- Tanzania — 73rd of 130: US$310.12 million
- Benin — 74th of 130: US$306.5 million
- Congo, Rep. — 75th of 130: US$297.23 million
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 33 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2025 | 347,925,565 |
| 2024 | 448,910,384 |
| 2023 | 299,671,993 |
| 2022 | 732,509,299 |
| 2021 | 1,042,851,594 |
| 2020 | 954,963,661 |
| 2019 | 668,184,459 |
| 2018 | 651,926,594 |
| 2017 | 692,666,144 |
| 2016 | 559,903,970 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Albania — US$1.53 billion (2025)
- Austria — −US$3.4 billion (2024)
- Azerbaijan — US$742.14 million (2025)
- Belarus — US$1.08 billion (2025)
- Belgium — −US$10.98 billion (2024)
- Bosnia and Herzegovina — US$3.23 billion (2025)
- Bulgaria — US$1.49 billion (2025)
- Croatia — US$2.63 billion (2025)
- Cyprus
More economic policy & debt data for Armenia
- Adjusted savings, education expenditure (% of GNI) — 2.72% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$20.79 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 8.05 trillion (2025)
- Households and NPISHs final consumption expenditure, linked series (current LCU)
Reading data like this
Questions people ask
- What is Armenia's net secondary income (net current transfers from abroad) (current US$)?
- US$347.93 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 451.13% from US$63.13 million in 1993 (5.48% a year on average, compounded). The highest value was US$1.04 billion in 2021 and the lowest US$63.13 million in 1993.
- How does Armenia rank?
- 73rd highest of 130 economies with data for 2025.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for Armenia?
- In 2025, Armenia's net secondary income (net current transfers from abroad) (current US$) fell 22.5% on 2024 (from US$448.91 million to US$347.93 million). Across the 30 yearly changes before that (1995 to 2024), the average change was +8.2% and a typical year strayed about 26.6% from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.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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