Armenia's technical cooperation grants (BoP, current US$) was US$52.36 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 56.68% from US$33.42 million in 2013 (4.59% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$52.36 million | 2023 |
| Five years earlier | US$44.87 million | 2018 |
| Ten years earlier | US$33.42 million | 2013 |
| Highest | US$122.84 million | 2002 |
| Lowest | US$10,000 | 1991 |
| Average since 2014 | US$42.11 million | 2014–2023 |
| First recorded | US$10,000 |
What the numbers say
In 2023, Armenia's technical cooperation grants (BoP, current US$) rose 21.5% on 2022 (from US$43.11 million to US$52.36 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +26.2% and a typical year strayed about 74.6% from that (the standard deviation). This year's change was 0.1 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 30,600% in 1992 and the biggest yearly fall was 82.5% in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about US$2.44 million a year. A straight line explains 58% 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 2023, Armenia had the 75th highest value of the 136 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 2023 ranking
- Chad — 71st of 136: US$54.56 million
- Sri Lanka — 72nd of 136: US$53.68 million
- Papua New Guinea — 73rd of 136: US$52.75 million
- Tajikistan — 75th of 136: US$50.54 million
- Namibia — 76th of 136: US$49.71 million
- Azerbaijan — 77th of 136: US$48.9 million
What this measures
Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 33 values
| Year | Technical cooperation grants (BoP, current US$) |
|---|---|
| 2023 | 52,358,380 |
| 2022 | 43,108,595 |
| 2021 | 59,735,130 |
| 2020 | 40,836,425 |
| 2019 | 46,885,843 |
| 2018 | 44,871,799 |
| 2017 | 38,470,545 |
| 2016 | 30,258,652 |
| 2015 | 27,192,852 |
| 2014 | 37,383,652 |
| 2013 |
Technical cooperation grants (BoP, current US$) in nearby economies
- Albania — US$102.91 million (2023)
- Azerbaijan — US$48.9 million (2023)
- Belarus — US$62.25 million (2023)
- Bosnia and Herzegovina — US$89.68 million (2023)
- Georgia — US$69.93 million (2023)
- Kazakhstan — US$37.4 million (2023)
- Kosovo — US$62.95 million (2023)
- Kyrgyz Republic — US$37.99 million (2023)
- Moldova — US$124.46 million (2023)
- Montenegro
More economic policy & debt data for Armenia
- Adjusted savings, education expenditure (% of GNI) — 2.72% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$20.79 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 8.05 trillion (2025)
- Households and NPISHs final consumption expenditure, linked series (current LCU)
Reading data like this
Questions people ask
- What is Armenia's technical cooperation grants (BoP, current US$)?
- US$52.36 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is up 523,484% from US$10,000 in 1991 (30.68% a year on average, compounded). The highest value was US$122.84 million in 2002 and the lowest US$10,000 in 1991.
- How does Armenia rank?
- 75th highest of 136 economies with data for 2023.
- Is the latest change in technical cooperation grants (BoP, current US$) unusual for Armenia?
- In 2023, Armenia's technical cooperation grants (BoP, current US$) rose 21.5% on 2022 (from US$43.11 million to US$52.36 million). Across the 30 yearly changes before that (1993 to 2022), the average change was +26.2% and a typical year strayed about 74.6% from that (the standard deviation). This year's change was 0.1 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 BX.GRT.TECH.CD.WD, licensed CC BY 4.0. Original source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), uri: DSD_DAC2@DF_DAC2A, note: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows, Developm… 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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