Peculiarities of saving behavior Using social survey data in the republic of Armenia

Abstract

The growing population presents new challenges for food security, including issues related to food availability, affordability, adherence to physiological norms, unregulated diet structures, and problems of underweight and overweight. According to statistical data in Armenia, from 2009 to 2023, more than half of the population (56%) is at the threshold of food security, while 23% are food insecure. During the same period, household incomes have increased. Our statistical analysis demonstrates the income-expenditure ratio of households under conditions of nutrition that meet physiological norms. The primary aim of this article is to identify key factors limiting adherence to a standardized diet and to analyze saving behavior patterns among Armenian households. Using empirical methods of social surveys, we examined the unexplained relationship between household income growth and persistent malnutrition (2232 kcal), as well as rising savings rates among households in Armenia. To explore the motivations behind increasing savings rates, we employed the DATA ANALYSIS ANOVA: single-factor method. Our research established the interaction between income, expenditure, and savings, and identified the peculiarities of saving behavior among the Armenian population.