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, 2009 - 2020:

For that indicator, we provide data for Armenia from 2009 to 2020. The average value for Armenia during that period was 25.7 percent with a minimum of 22.1 percent in 2013 and a maximum of 31.9 percent in 2009. The latest value from 2020 is 23.1 percent. For comparison, the world average in 2020 based on 8 countries is 26.55 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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