Armenia: Financial markets development

* indicates monthly or quarterly data series
 Armenia

Financial markets development

 Latest value 0.023
 Year 2021
 Measure index points
 Data availability 1993 - 2021
 Average 0.017
 Min - Max 0.009 - 0.034
 Source International Monetary Fund
The latest value from 2021 is 0.023 index points, an increase from 0.021 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Armenia from 1993 to 2021 is 0.017 index points. The minimum value, 0.009 index points, was reached in 1993 while the maximum of 0.034 index points was recorded in 2019. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Armenia - Financial markets development - Recent values chart

Historical series
Armenia - Financial markets development - historical chart - 1993-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Financial development 0.262 2021 index points
 Financial institutions development 0.491 2021 index points
 Financial institutions development, depth 0.165 2021 index points
 Financial institutions development, access 0.580 2021 index points
 Financial institutions development, efficiency 0.628 2021 index points
 Financial markets development 0.023 2021 index points
 Financial markets development, depth 0.030 2021 index points
 Financial markets development, access 0.037 2021 index points
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