Armenia: Listed companies

The latest value from 2024 is 12 companies, unchanged from 12 companies in 2023. In comparison, the world average is 660 companies, based on data from 70 countries. Historically, the average for Armenia from 2018 to 2024 is 11 companies. The minimum value, 10 companies, was reached in 2018 while the maximum of 12 companies was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.

The number of listed companies on the stock exchange in Armenia is an indicator of the development of the stock market. A higher number means that more companies use equity financing in their business. Of course, the number of listed companies in Armenia and other countries also reflects the size of the economy: larger economies have more firms.

Definition: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.