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Economy > Balance of payments > Reserves and other items Stats: compare key data on Armenia & Turkey

Definitions

  • Grants > Excluding technical cooperation > Current US$: Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Data are in current U.S. dollars.
  • Technical cooperation grants > Current US$: Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars."
  • Total > Reserves > % of total external debt: International reserves to total external debt stocks.
  • Total > Reserves in months of imports: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services they could pay for [Reserves/(Imports/12)]."
  • Total > Reserves minus gold > Current US$: Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars."
STAT Armenia Turkey HISTORY
Grants > Excluding technical cooperation > Current US$ $132.29 million
Ranked 79th.
$219.60 million
Ranked 62nd. 66% more than Armenia

Technical cooperation grants > Current US$ $36.88 million
Ranked 81st.
$447.82 million
Ranked 4th. 12 times more than Armenia

Total > Reserves > % of total external debt 40.6%
Ranked 69th. 36% more than Turkey
29.81%
Ranked 82nd.

Total > Reserves in months of imports 5.67
Ranked 45th. 4% more than Turkey
5.47
Ranked 47th.

Total > Reserves minus gold > Current US$ $2.00 billion
Ranked 100th.
$70.87 billion
Ranked 18th. 35 times more than Armenia

SOURCES: World Bank, Global Development Finance.; International Monetary Fund, International Financial Statistics and data files.

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