Armenia: Lending interest rate

* indicates monthly or quarterly data series
 Armenia

Interest rates on bank credit to the private sector

 Latest value 12.39
 Year 2023
 Measure percent
 Data availability 1995 - 2023
 Average 24.80
 Min - Max 11.62 - 96.10
 Source The World Bank
The latest value from 2023 is 12.39 percent, an increase from 11.72 percent in 2022. In comparison, the world average is 14.19 percent, based on data from 83 countries. Historically, the average for Armenia from 1995 to 2023 is 24.8 percent. The minimum value, 11.62 percent, was reached in 2020 while the maximum of 96.1 percent was recorded in 1995. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Armenia - Lending interest rate - Recent values chart

Historical series
Armenia - Lending interest rate - historical chart - 1995-2023




The lending interest rate in Armenia shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.
Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Lending-deposit interest rate spread 3.50 2020 interest rate points
 Bank cost to income ratio 47.56 2021 percent
 Non-performing loans 2.40 2022 percent
 Bank overhead cost 2.21 2021 percent
 Net interest margin 4.36 2021 percent
 Bank credit to deposits 131.77 2021 percent
 Regulatory capital to risk-weighted assets 16.93 2020 percent
 Return on assets 0.89 2021 percent
 Return on equity 6.89 2021 percent
 Banking system z-scores 12.32 2021 index points
 Liquid assets to deposits 44.91 2021 percent
 Banking system capital to assets 13.13 2020 percent
 Non-interest income to total income 24.90 2021 percent
 Lending interest rate 12.39 2023 percent
 Real interest rate 9.29 2023 percent
 Legal rights 6.00 2019 points
 Credit information sharing 8.00 2019 points
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