Armenia: Firms using credit to finance investment

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

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

, 2002 - 2013: For that indicator, we provide data for Armenia from 2002 to 2013. The average value for Armenia during that period was 24.88 percent with a minimum of 5.6 percent in 2002 and a maximum of 44.6 percent in 2005. The latest value from 2013 is 17.4 percent. For comparison, the world average in 2013 based on 45 countries is 24.16 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: Percentage of firms using banks to finance purchases of fixed assets.
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