Armenia vs Low income: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Armenia
- Low income
How they compare
Armenia currently reports 70.4% against 13.4% in Low income, a difference of 57.0%.
That makes Armenia's figure about 5.3 times Low income's.
The two have swapped places 4 times across 28 shared years of data; in 1992 it was Armenia ahead.
Armenia ranks 40th and Low income ranks 45th of 187 countries.
Armenia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Low income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.9% | 6.7% | 5.1% | Armenia |
| 2000s | 11.2% | 9.0% | 2.2% | Armenia |
| 2010s | 44.4% | 11.1% | 33.3% | Armenia |
| 2020s | 66.8% | 13.0% | 53.8% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Armenia or Low income?
- Armenia, at 70.4% against 13.4% in Low income as of 2025.
- What is the difference in monetary sector credit to private sector between Armenia and Low income?
- 57.0%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Low income?
- 28 years are reported by both, from 1992 to 2021.
- How do Armenia and Low income rank globally for monetary sector credit to private sector?
- Armenia ranks 40th and Low income ranks 45th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.