Armenia: Firms using credit to finance investment

* indicates monthly or quarterly data series
 Armenia

Firms using bank credit to finance investment, percent of all firms

 Latest value 23.10
 Year 2020
 Measure percent
 Data availability 2009 - 2020
 Average 25.70
 Min - Max 22.10 - 31.90
 Source The World Bank
The latest value from 2020 is 23.1 percent, an increase from 22.1 percent in 2013. In comparison, the world average is 25.58 percent, based on data from 11 countries. Historically, the average for Armenia from 2009 to 2020 is 25.7 percent. The minimum value, 22.1 percent, was reached in 2013 while the maximum of 31.9 percent was recorded in 2009. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Armenia - Firms using credit to finance investment - Recent values chart




Definition: Percentage of firms using banks to finance purchases of fixed assets.

Selected articles from our guide:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles



 Related indicators Latest Reference Measure
 ATMs per 100,000 adults 67.12 2021 ATMs per 100,000 adults
 Bank branches per 100,000 people 24.55 2020 bank branches
 Firms using credit to finance investment 23.10 2020 percent
 Small firms with bank credit 35.10 2020 percent
 Percent people with credit cards 9.22 2021 percent
 Percent people with debit cards 19.42 2021 percent
 Domestic credit to the private sector 72.20 2020 percent
 Bank credit to the private sector 53.57 2023 percent
 Liquid liabilities, percent of GDP 42.46 2021 percent
 Bank assets to GDP 76.90 2021 percent
 Financial system deposits, percent of GDP 44.78 2021 percent
 Bank credit to government 14.77 2020 percent
 Banking system concentration 55.16 2021 percent
 Foreign bank assets 85.00 2013 percent of total bank assets
 Percent people with bank accounts 52.25 2021 percent
This site uses cookies.
Learn more here


OK