Deposit Interest Rates Statistics in Armenia (2026)
In 2024, the average deposit interest rate in Armenia stood at 8.1%, according to World Bank World Development Indicators data. Down from 8.4% in 2023 to 8.1% in 2024 (−0.2 percentage points). Armenia ranks #7 of 21 economies in Europe & Central Asia on this measure, and #21 of 113 globally.
Key Statistics
- Latest value (2024)
- 8.1% (2024)
- Deposit Interest Rates in Armenia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.2 pp (2024)
- Down from 8.4% in 2023 to 8.1% in 2024 (−0.2 percentage points).
- Earliest value in this dataset (1995)
- 56.2% (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 56.2% in 1995 to 8.1% in 2024.
- Peak value (1995)
- 56.2% (1995)
- Highest value in the available series; the 2024 value is 8.1%.
- Rank in Europe & Central Asia
- #7 of 21 (2024)
- Armenia ranks 7 of 21 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #21 of 113 (2024)
- Armenia ranks 21 of 113 countries with data globally.
- Europe & Central Asia average
- 8.4% (2024)
- Armenia (8.1%) is below the average of 8.4% across the 21 countries in Europe & Central Asia with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 5% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Armenia (2024)
- 81.3% (2024)
- 81.3% of the population in Armenia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 3 million (2024)
- Armenia had a population of 3 million in 2024 (World Bank); shown for scale only.
Trend, 1995–2024
| Year | % | Change |
|---|---|---|
| 2024 | 8.1% | −0.2 pp |
| 2023 | 8.4% | −0.1 pp |
| 2022 | 8.5% | +0.2 pp |
| 2021 | 8.2% | +0.1 pp |
| 2020 | 8.1% | −0.4 pp |
| 2019 | 8.5% | −0.2 pp |
| 2018 | 8.7% | −0.3 pp |
| 2017 | 9% | −2.6 pp |
| 2016 | 11.6% | −2.5 pp |
| 2015 | 14.1% | +3.7 pp |
| 2014 | 10.4% | +0.3 pp |
| 2013 | 10.2% | +0.6 pp |
| 2012 | 9.6% | +0.3 pp |
| 2011 | 9.2% | +0.3 pp |
| 2010 | 9% | +0.3 pp |
| 2009 | 8.7% | +2.0 pp |
| 2008 | 6.6% | +0.4 pp |
| 2007 | 6.3% | +0.4 pp |
| 2006 | 5.8% | +0.0 pp |
| 2005 | 5.8% | +0.9 pp |
| 2004 | 4.9% | −2.0 pp |
| 2003 | 6.9% | −2.7 pp |
| 2002 | 9.6% | −5.3 pp |
| 2001 | 14.9% | −3.2 pp |
| 2000 | 18.1% | −9.3 pp |
| 1999 | 27.3% | +2.4 pp |
| 1998 | 24.9% | −1.1 pp |
| 1997 | 26.1% | −6.1 pp |
| 1996 | 32.2% | −24.0 pp |
| 1995 | 56.2% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Armenia?
The average deposit interest rate in Armenia stood at 8.1% in 2024, according to World Bank World Development Indicators data.
Where does the deposit interest rates data for Armenia come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for Armenia is from 2024; the snapshot was retrieved on 2026-06-10.
How has deposit interest rates in Armenia changed over time?
World Bank World Development Indicators data show a decline from 56.2% in 1995 to 8.1% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .