Liabilities, Insurance Technical Reserves (OFCS) in Armenia
Armenia: Liabilities, Insurance Technical Reserves (OFCS) was 45.34 billion in 2025. ▲ Rising
Liabilities, Insurance Technical Reserves (OFCS) in Armenia, 2009–2025
Source: International Monetary Fund.
Analysis
In 2025, liabilities, insurance technical reserves (ofcs) in Armenia stood at 45.34 billion. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 15.7% on the previous year and up 159.2% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Armenia peaked at 45.34 billion in 2025 and was at its lowest, 2.77 billion, in 2009.
Armenia ranks 40th of 65 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Liabilities, Insurance Technical Reserves (OFCS) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 2.77 billion | — |
| 2010 | 8.28 billion | +199.3% |
| 2011 | 9.41 billion | +13.6% |
| 2012 | 17.58 billion | +86.9% |
| 2013 | 18.11 billion | +3.0% |
| 2014 | 16.30 billion | -10.0% |
| 2015 | 17.49 billion | +7.3% |
| 2016 | 19.19 billion | +9.7% |
| 2017 | 19.77 billion | +3.0% |
| 2018 | 20.98 billion | +6.1% |
| 2019 | 26.98 billion | +28.6% |
| 2020 | 25.15 billion | -6.8% |
| 2021 | 26.95 billion | +7.2% |
| 2022 | 34.03 billion | +26.3% |
| 2023 | 36.12 billion | +6.1% |
| 2024 | 39.19 billion | +8.5% |
| 2025 | 45.34 billion | +15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.77 billion | 2.77 billion | 2.77 billion | 1 |
| 2010s | 17.41 billion | 8.28 billion | 26.98 billion | 10 |
| 2020s | 34.46 billion | 25.15 billion | 45.34 billion | 6 |
Countries ranked near Armenia
More external debt data for Armenia
- IFC, private nonguaranteed 163.50 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 53.9 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0063 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -187.56 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA -67.81 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -22.35 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0026 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 106.43 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 2.9% (2024)
Frequently asked questions
- What is liabilities, insurance technical reserves (ofcs) in Armenia?
- Liabilities, insurance technical reserves (ofcs) in Armenia was 45.34 billion in 2025, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Armenia?
- The highest recorded value was 45.34 billion in 2025.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Armenia?
- The lowest recorded value was 2.77 billion in 2009.
- How does Armenia rank for liabilities, insurance technical reserves (ofcs)?
- Armenia ranks 40th out of 65 countries with data for 2025.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Armenia?
- Over the last ten years it is up 159.2%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.