Bank credit to bank deposits in Armenia
Armenia: Bank credit to bank deposits was 131.8% in 2021. ▲ Rising
Bank credit to bank deposits in Armenia, 1992–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Armenia recorded 131.8% for bank credit to bank deposits in 2021.
That represents a change of down 17.9% on the previous year and down 21.6% over ten years.
Over the whole period, bank credit to bank deposits in Armenia peaked at 253.1% in 1995 and was at its lowest, 17.4%, in 1993.
That places Armenia 19th out of 186 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Bank credit to bank deposits in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 66.9% | — |
| 1993 | 17.4% | -73.9% |
| 1994 | 153.5% | +780.4% |
| 1995 | 253.1% | +64.9% |
| 1996 | 191.7% | -24.2% |
| 1997 | 149.8% | -21.9% |
| 1998 | 130.9% | -12.6% |
| 1999 | 129.7% | -0.9% |
| 2000 | 111.3% | -14.2% |
| 2001 | 95.1% | -14.6% |
| 2002 | 74.5% | -21.6% |
| 2003 | 64.9% | -12.9% |
| 2004 | 70.1% | +8.0% |
| 2005 | 80.8% | +15.2% |
| 2006 | 85.0% | +5.2% |
| 2007 | 116.5% | +37.1% |
| 2008 | 161.0% | +38.2% |
| 2009 | 143.4% | -11.0% |
| 2010 | 161.3% | +12.5% |
| 2011 | 168.1% | +4.2% |
| 2012 | 172.8% | +2.8% |
| 2013 | 161.7% | -6.5% |
| 2014 | 172.5% | +6.7% |
| 2015 | 145.8% | -15.5% |
| 2016 | 132.1% | -9.4% |
| 2017 | 128.8% | -2.5% |
| 2018 | 141.0% | +9.5% |
| 2019 | 147.6% | +4.7% |
| 2020 | 160.5% | +8.8% |
| 2021 | 131.8% | -17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 136.6% | 17.4% | 253.1% | 8 |
| 2000s | 100.3% | 64.9% | 161.0% | 10 |
| 2010s | 153.2% | 128.8% | 172.8% | 10 |
| 2020s | 146.1% | 131.8% | 160.5% | 2 |
Countries ranked near Armenia
More financial sector data for Armenia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0665 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0486 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0665 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Armenia?
- Bank credit to bank deposits in Armenia was 131.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Armenia?
- The highest recorded value was 253.1% in 1995.
- What is the lowest bank credit to bank deposits recorded in Armenia?
- The lowest recorded value was 17.4% in 1993.
- How does Armenia rank for bank credit to bank deposits?
- Armenia ranks 19th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Armenia?
- Over the last ten years it is down 21.6%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).