Broad money to total reserves ratio (United Nations) in Armenia
Armenia: Broad money to total reserves ratio (United Nations) was 4.07 in 2024. ▲ Rising
Broad money to total reserves ratio in Armenia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Armenia recorded 4.07 for broad money to total reserves ratio in 2024. That is the highest value across all 25 years on record.
That represents a change of up 11.2% on the previous year and up 50.6% over ten years.
Over the whole period, broad money to total reserves ratio in Armenia peaked at 4.07 in 2024 and was at its lowest, 0.8048, in 2003.
Armenia ranks 56th of 164 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Broad money to total reserves ratio (United Nations) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.8946 | — |
| 2001 | 0.8644 | -3.4% |
| 2002 | 0.8575 | -0.8% |
| 2003 | 0.8048 | -6.1% |
| 2004 | 0.9786 | +21.6% |
| 2005 | 1.19 | +21.9% |
| 2006 | 1.09 | -8.7% |
| 2007 | 1.22 | +11.8% |
| 2008 | 1.64 | +35.0% |
| 2009 | 1.12 | -31.9% |
| 2010 | 1.31 | +16.8% |
| 2011 | 1.57 | +19.8% |
| 2012 | 1.86 | +19.0% |
| 2013 | 1.68 | -10.0% |
| 2014 | 2.7 | +61.3% |
| 2015 | 2.19 | -19.1% |
| 2016 | 2.06 | -5.9% |
| 2017 | 2.31 | +12.3% |
| 2018 | 2.54 | +10.0% |
| 2019 | 2.25 | -11.4% |
| 2020 | 2.63 | +16.6% |
| 2021 | 2.34 | -11.1% |
| 2022 | 2.46 | +5.5% |
| 2023 | 3.66 | +48.5% |
| 2024 | 4.07 | +11.2% |
Armenia compared with similar countries
- Armenia's 4.07 is above the median for upper middle income countries, which is 2.8, 1.5× the median. (52 countries reporting)
- Armenia's 4.07 is above the median for Europe & Central Asia, which is 2.15, 1.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.07 | 0.8048 | 1.64 | 10 |
| 2010s | 2.05 | 1.31 | 2.7 | 10 |
| 2020s | 3.03 | 2.34 | 4.07 | 5 |
Countries ranked near Armenia
More infrastructure data for Armenia
- Mobile cellular subscriptions 4.01 million (2024)
- Mobile cellular subscriptions 134.89 per 100 people (2024)
- Fixed telephone subscriptions 297,328 (2024)
- Fixed telephone subscriptions 10 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.098 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -10.18 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 297,328 (2024)
- Mobile cellular subscriptions, per capita 1.32 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0002 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Armenia?
- Broad money to total reserves ratio in Armenia was 4.07 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Armenia?
- The highest recorded value was 4.07 in 2024.
- What is the lowest broad money to total reserves ratio recorded in Armenia?
- The lowest recorded value was 0.8048 in 2003.
- How does Armenia rank for broad money to total reserves ratio?
- Armenia ranks 56th out of 164 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Armenia?
- Over the last ten years it is up 50.6%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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