Bank net interest margin (%) in Armenia
Armenia: Bank net interest margin (%) was 4.4% in 2021. ▼ Falling
Bank net interest margin in Armenia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank net interest margin in Armenia stood at 4.4%.
That represents a change of up 3.3% on the previous year and down 37.5% over ten years.
Over the whole period, bank net interest margin in Armenia peaked at 9.2% in 2005 and was at its lowest, 4.1%, in 2016.
That places Armenia 47th out of 166 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank net interest margin (%) in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.1% | — |
| 2001 | 7.1% | -12.2% |
| 2002 | 5.0% | -29.4% |
| 2003 | 6.3% | +25.2% |
| 2004 | 7.4% | +17.6% |
| 2005 | 9.2% | +23.8% |
| 2006 | 8.9% | -3.6% |
| 2007 | 8.5% | -4.2% |
| 2008 | 8.3% | -1.7% |
| 2009 | 5.8% | -30.0% |
| 2010 | 6.9% | +18.6% |
| 2011 | 7.0% | +0.7% |
| 2012 | 6.4% | -7.5% |
| 2013 | 6.1% | -5.0% |
| 2014 | 4.7% | -22.7% |
| 2015 | 4.6% | -3.3% |
| 2016 | 4.1% | -9.9% |
| 2017 | 4.2% | +1.1% |
| 2018 | 4.3% | +3.5% |
| 2019 | 4.4% | +1.6% |
| 2020 | 4.2% | -3.7% |
| 2021 | 4.4% | +3.3% |
Armenia compared with similar countries
- Armenia's 4.4% is above the median for upper middle income countries, which is 3.6%, 1.2× the median. (47 countries reporting)
- Armenia's 4.4% is above the median for Europe & Central Asia, which is 2.0%, 2.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.5% | 5.0% | 9.2% | 10 |
| 2010s | 5.3% | 4.1% | 7.0% | 10 |
| 2020s | 4.3% | 4.2% | 4.4% | 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 net interest margin in Armenia?
- Bank net interest margin in Armenia was 4.4% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Armenia?
- The highest recorded value was 9.2% in 2005.
- What is the lowest bank net interest margin recorded in Armenia?
- The lowest recorded value was 4.1% in 2016.
- How does Armenia rank for bank net interest margin?
- Armenia ranks 47th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Armenia?
- Over the last ten years it is down 37.5%. 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 net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.