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Armenia
32
Moderate
Risk
Risk
#106
of 171
Safer
than 38% of currencies
37
global avg score
$987
$1,000 in 5 years
Impact on Citizens
Citizens need modest returns of 1.8% per year to keep up. Inflation is low — a basic savings account or index fund is enough to stay ahead.See savings calculator ↓
Economic Indicators
Inflation Rate
0.3%
Debt to GDP
47.9%
GDP Growth
5.9%
Broad Money / GDP
57.8%
Banking & Stability
NPL Ratio
2.4%
Reserve Months
2.1
Current Account
-4.6%
FX Volatility
11.7
Governance & Markets
Rule of Law
Not available
Black Market Premium
Not available
Capital Controls
28.0
Peg Fragility
Not available
Currency Structure
Global Currency Role
70.0
FX Regime
managed float
Data Coverage
75.0%
Savings Impact Calculator
AMD
Holding cash in AMD0.3% inflation
AMD 987−AMD 13 (1% purchasing power lost)
Your AMD 1,000 buys 1% less in 5 years
What if you invested AMD 1,000 instead? (5yr, in AMD terms)
Hold USD Cash
AMD 859
−AMD 141
-3.0%/yr net in AMD
S&P 500
AMD 1611
+AMD 611
range: AMD 734–AMD 3176
10% USD return + 0.0% FX · ±16% vol
Gold
AMD 1469
+AMD 469
range: AMD 418–AMD 4007
8% USD return + 0.0% FX · ±24% vol
Bitcoin
AMD 3052
+AMD 2052
range: AMD 180–AMD 18.4k
25% USD return + 0.0% FX · ±54% vol
All values in AMD. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.0%/yr based on the inflation differential between Armenia (0.3%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.
Data last updated: 2026-05-21