Broad money (% of GDP) — all countries

Broad money (% of GDP) — Armenia

Broad money (% of GDP) in Armenia in 2025 — 61.3%. Ranked 34 in the world out of 74. Since 1992, the indicator has fallen by 18.57 pp.

2025 61.3% +3.51 pp vs 2024
World rank 34of 74
Period maximum 79.87%1992
Period minimum 7.71%1995

Trend over time

1992–2025 · % of GDP

Broad money (% of GDP) — Armenia, 1992–20250204060801992199620002004200820122016202020241992: 79.87%1993: 69.11%1994: 13.1%1995: 7.71%1996: 8.22%1997: 8.73%1998: 10.05%1999: 11.08%2000: 14.7%2001: 13.45%2002: 15.55%2003: 14.39%2004: 14.99%2005: 16.3%2006: 18.29%2007: 21.95%2008: 19.84%2009: 25.94%2010: 26.34%2011: 29.83%2012: 31.56%2013: 33.92%2014: 34.67%2015: 36.79%2016: 43.02%2017: 46.42%2018: 46.12%2019: 47.15%2020: 54.39%2021: 54.39%2022: 51.93%2023: 54.6%2024: 57.79%2025: 61.3%
Change over the period: −18.57 pp Annual average: -0.56 pp
Broad money (% of GDP) — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2025 61.3 +3.51 pp
2024 57.79 +3.19 pp
2023 54.6 +2.67 pp
2022 51.93 −2.45 pp
2021 54.39 +0 pp
2020 54.39 +7.23 pp
2019 47.15 +1.03 pp
2018 46.12 −0.29 pp
2017 46.42 +3.39 pp
2016 43.02 +6.23 pp
2015 36.79 +2.12 pp
2014 34.67 +0.75 pp
2013 33.92 +2.37 pp
2012 31.56 +1.73 pp
2011 29.83 +3.49 pp
2010 26.34 +0.4 pp
2009 25.94 +6.11 pp
2008 19.84 −2.12 pp
2007 21.95 +3.67 pp
2006 18.29 +1.99 pp
2005 16.3 +1.31 pp
2004 14.99 +0.6 pp
2003 14.39 −1.16 pp
2002 15.55 +2.1 pp
2001 13.45 −1.25 pp
2000 14.7 +3.62 pp
1999 11.08 +1.03 pp
1998 10.05 +1.32 pp
1997 8.73 +0.51 pp
1996 8.22 +0.52 pp
1995 7.71 −5.39 pp
1994 13.1 −56.02 pp
1993 69.11 −10.76 pp
1992 79.87

Western Asia, 2025

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

About the indicator

Broad money, an aggregate close to M2/M3, as a percent of GDP: currency outside banks, demand deposits, time and savings deposits and, in a number of countries, short-term securities. The ratio to GDP is conventionally read as a measure of monetization and of the depth of the financial system, not as an indicator of inflationary pressure.

Source: World Economic Outlook (IMF), license IMF open data.