Lending Interest Rates Statistics in Armenia (2026)
As of 2024, the average lending interest rate in Armenia was 13.1%, per World Bank World Development Indicators data. Up from 12.4% in 2023 to 13.1% in 2024 (+0.8 percentage points). Armenia ranks #16 of 22 economies in Europe & Central Asia on this measure, and #82 of 112 globally.
Key Statistics
- Latest value (2024)
- 13.1% (2024)
- Lending Interest Rates in Armenia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +0.8 pp (2024)
- Up from 12.4% in 2023 to 13.1% in 2024 (+0.8 percentage points).
- Earliest value in this dataset (1995)
- 96.1% (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 96.1% in 1995 to 13.1% in 2024.
- Peak value (1995)
- 96.1% (1995)
- Highest value in the available series; the 2024 value is 13.1%.
- Rank in Europe & Central Asia (lower is better; rank 1 = lowest)
- #16 of 22 (2024)
- Armenia ranks 16 of 22 countries in Europe & Central Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #82 of 112 (2024)
- Armenia ranks 82 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Europe & Central Asia average
- 10.2% (2024)
- Armenia (13.1%) is above the average of 10.2% across the 22 countries in Europe & Central Asia with data.
- Risk premium on lending (lending rate minus treasury bill rate, %) (2024)
- 3.7% (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 | 13.1% | +0.8 pp |
| 2023 | 12.4% | +0.7 pp |
| 2022 | 11.7% | −0.0 pp |
| 2021 | 11.8% | +0.1 pp |
| 2020 | 11.6% | −0.5 pp |
| 2019 | 12.1% | −0.7 pp |
| 2018 | 12.8% | −1.6 pp |
| 2017 | 14.4% | −3.0 pp |
| 2016 | 17.4% | −0.2 pp |
| 2015 | 17.6% | +1.2 pp |
| 2014 | 16.4% | +0.4 pp |
| 2013 | 16% | −1.2 pp |
| 2012 | 17.2% | −0.5 pp |
| 2011 | 17.8% | −1.4 pp |
| 2010 | 19.2% | +0.4 pp |
| 2009 | 18.8% | +1.7 pp |
| 2008 | 17% | −0.5 pp |
| 2007 | 17.5% | +1.0 pp |
| 2006 | 16.5% | −1.5 pp |
| 2005 | 18% | −0.6 pp |
| 2004 | 18.6% | −2.2 pp |
| 2003 | 20.8% | −0.3 pp |
| 2002 | 21.1% | −5.6 pp |
| 2001 | 26.7% | −4.9 pp |
| 2000 | 31.6% | −7.3 pp |
| 1999 | 38.8% | −9.6 pp |
| 1998 | 48.5% | −5.7 pp |
| 1997 | 54.2% | −12.1 pp |
| 1996 | 66.4% | −29.7 pp |
| 1995 | 96.1% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Armenia?
The average lending interest rate in Armenia stood at 13.1% in 2024, according to World Bank World Development Indicators data.
Where does Armenia rank globally on lending interest rates?
Armenia ranks 82 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did lending interest rates in Armenia peak?
The highest value in the available series was 96.1% in 1995; the latest (2024) value is 13.1%.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, 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 .