Financial services usage in Armenia 2024

Published by Statista Research Department, Feb 28, 2025

As of January 2024, over 52 percent of Armenians aged 15 years and older had an account with a financial institution. Moreover, every four in ten made digital payments over the past year, whereas one in five used a mobile phone or the internet to pay bills.

Share of population aged 15 years and older using selected financial products and services in Armenia as of January 2024

CharacteristicShare of population aged 15 years and older
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Showing entries 1 to 8 (8 entries in total)
Statistic: Share of population aged 15 years and older using selected financial products and services in Armenia as of January 2024

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Sources

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Release date

February 2024

Region

Armenia

Survey time period

as of January 2024

Age group

15 years and older

Supplementary notes

*Only includes services storing funds in an e-wallet linked directly to a phone number, such as M-PESA, GCash, and Tigo Pesa; excludes over-the-top mobile payment systems, such as Apple Pay, Google Pay, or Samsung Pay.

The source specified that some figures have not been updated in the past year.

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