Armenia: Banking system concentration
* indicates monthly or quarterly data series
| Armenia |
Bank concentration: percent of bank assets held by top three banks |
|---|---|
| Latest value | 55.16 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2000 - 2021 |
| Average | 57.48 |
| Min - Max | 38.18 - 87.08 |
| Source | Bankscope |
The latest value from 2021 is 55.16 percent, a decline from 56.4 percent in 2020. In comparison, the world average is 67.43 percent, based on data from 135 countries. Historically, the average for Armenia from 2000 to 2021 is 57.48 percent. The minimum value, 38.18 percent, was reached in 2011 while the maximum of 87.08 percent was recorded in 2002.
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* indicates monthly or quarterly data series
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Definition: Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 67.12 | 2021 | ATMs per 100,000 adults |
| Bank branches per 100,000 people | 24.55 | 2020 | bank branches |
| Firms using credit to finance investment | 23.10 | 2020 | percent |
| Small firms with bank credit | 35.10 | 2020 | percent |
| Percent people with credit cards | 9.22 | 2021 | percent |
| Percent people with debit cards | 19.42 | 2021 | percent |
| Domestic credit to the private sector | 72.20 | 2020 | percent |
| Bank credit to the private sector | 53.57 | 2023 | percent |
| Liquid liabilities, percent of GDP | 42.46 | 2021 | percent |
| Bank assets to GDP | 76.90 | 2021 | percent |
| Financial system deposits, percent of GDP | 44.78 | 2021 | percent |
| Bank credit to government | 14.77 | 2020 | percent |
| Banking system concentration | 55.16 | 2021 | percent |
| Foreign bank assets | 85.00 | 2013 | percent of total bank assets |
| Percent people with bank accounts | 52.25 | 2021 | percent |