Gross national savings — all countries

Gross national savings — Armenia

Gross national savings in Armenia in 2025 — 16.9%. Ranked 57 in the world out of 73. Since 1993, the indicator has risen by 22.4 pp.

2025 16.9% −2.3 pp vs 2024
World rank 57of 73
Period maximum 28.6%2007
Period minimum -5.4%1993

Trend over time

1993–2025 · % of GDP

Gross national savings — Armenia, 1993–2025-1001020301993199720012005200920132017202120251993: -5.4%1994: 2.6%1995: -2.1%1996: 1.8%1997: 3.9%1998: 0.8%1999: 2.8%2000: -0.9%2001: 5.4%2002: 10.2%2003: 16.3%2004: 19.7%2005: 24.3%2006: 28.5%2007: 28.6%2008: 27.9%2009: 14%2010: 13.2%2011: 11.1%2012: 14.1%2013: 14.8%2014: 13.3%2015: 18.5%2016: 17.9%2017: 17.2%2018: 15.6%2019: 10.4%2020: 15.6%2021: 19.7%2022: 22.8%2023: 20.2%2024: 19.2%2025: 16.9%
Change over the period: +22.4 pp Annual average: 0.7 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 16.9%
Gross national savings — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2025 16.9 −2.3 pp
2024 19.2 −1 pp
2023 20.2 −2.6 pp
2022 22.8 +3.1 pp
2021 19.7 +4 pp
2020 15.6 +5.3 pp
2019 10.4 −5.2 pp
2018 15.6 −1.6 pp
2017 17.2 −0.7 pp
2016 17.9 −0.6 pp
2015 18.5 +5.2 pp
2014 13.3 −1.6 pp
2013 14.8 +0.7 pp
2012 14.1 +3 pp
2011 11.1 −2.1 pp
2010 13.2 −0.8 pp
2009 14 −13.9 pp
2008 27.9 −0.7 pp
2007 28.6 +0.1 pp
2006 28.5 +4.2 pp
2005 24.3 +4.6 pp
2004 19.7 +3.4 pp
2003 16.3 +6.1 pp
2002 10.2 +4.8 pp
2001 5.4 +6.3 pp
2000 -0.9 −3.8 pp
1999 2.8 +2.1 pp
1998 0.8 −3.2 pp
1997 3.9 +2.1 pp
1996 1.8 +3.9 pp
1995 -2.1 −4.7 pp
1994 2.6 +8 pp
1993 -5.4

Western Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.