Bank cost to income ratio in Armenia
Armenia: Bank cost to income ratio was 47.6% in 2021. ▼ Falling
Bank cost to income ratio in Armenia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank cost to income ratio in Armenia is 47.6%, measured in 2021.
That represents a change of up 12.6% on the previous year and down 14.4% over ten years.
Over the whole period, bank cost to income ratio in Armenia peaked at 64.5% in 2009 and was at its lowest, 42.2%, in 2020.
Armenia ranks 127th of 169 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Bank cost to income ratio in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 55.4% | — |
| 2001 | 53.8% | -2.9% |
| 2002 | 56.7% | +5.3% |
| 2003 | 53.3% | -5.9% |
| 2004 | 51.2% | -3.9% |
| 2005 | 49.7% | -3.0% |
| 2006 | 53.5% | +7.7% |
| 2007 | 54.1% | +1.2% |
| 2008 | 56.3% | +4.1% |
| 2009 | 64.5% | +14.4% |
| 2010 | 59.0% | -8.4% |
| 2011 | 55.6% | -5.9% |
| 2012 | 56.9% | +2.5% |
| 2013 | 55.4% | -2.7% |
| 2014 | 53.9% | -2.8% |
| 2015 | 55.7% | +3.4% |
| 2016 | 52.1% | -6.3% |
| 2017 | 51.2% | -1.8% |
| 2018 | 48.1% | -6.0% |
| 2019 | 47.0% | -2.3% |
| 2020 | 42.2% | -10.1% |
| 2021 | 47.6% | +12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.9% | 49.7% | 64.5% | 10 |
| 2010s | 53.5% | 47.0% | 59.0% | 10 |
| 2020s | 44.9% | 42.2% | 47.6% | 2 |
Countries ranked near Armenia
More financial sector data for Armenia
- Net domestic credit (current LCU), per capita 3.10 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 327.57 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 17.7 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 3.71 billion SDR (2025)
- Reserves excluding gold 3.72 billion SDR (2025)
- Total reserves (gold at market value) 3.72 billion SDR (2025)
- Total reserves (gold at national valuation) 3.72 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,204 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Armenia?
- Bank cost to income ratio in Armenia was 47.6% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Armenia?
- The highest recorded value was 64.5% in 2009.
- What is the lowest bank cost to income ratio recorded in Armenia?
- The lowest recorded value was 42.2% in 2020.
- How does Armenia rank for bank cost to income ratio?
- Armenia ranks 127th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Armenia?
- Over the last ten years it is down 14.4%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.