Bank non-performing loans to gross loans (%) in Armenia
Armenia: Bank non-performing loans to gross loans (%) was 6.6% in 2020. ◆ Volatile
Bank non-performing loans to gross loans in Armenia, 1998–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, bank non-performing loans to gross loans in Armenia stood at 6.6%.
The figure is up 19.0% on the previous year and up 115.5% over ten years.
Over the whole period, bank non-performing loans to gross loans in Armenia peaked at 17.5% in 2000 and was at its lowest, 1.9%, in 2005.
That places Armenia 46th out of 141 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank non-performing loans to gross loans (%) in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 6.0% | — |
| 1999 | 8.0% | +33.3% |
| 2000 | 17.5% | +118.8% |
| 2002 | 9.9% | -43.4% |
| 2003 | 5.4% | -45.5% |
| 2004 | 2.1% | -61.1% |
| 2005 | 1.9% | -9.5% |
| 2006 | 2.4% | +26.3% |
| 2007 | 2.4% | +0.0% |
| 2008 | 4.3% | +79.2% |
| 2009 | 4.9% | +14.0% |
| 2010 | 3.0% | -37.9% |
| 2011 | 3.4% | +12.5% |
| 2012 | 3.7% | +7.3% |
| 2013 | 4.5% | +22.2% |
| 2014 | 7.0% | +55.4% |
| 2015 | 7.9% | +14.1% |
| 2016 | 6.7% | -15.4% |
| 2017 | 5.4% | -19.2% |
| 2018 | 4.8% | -12.5% |
| 2019 | 5.5% | +15.8% |
| 2020 | 6.6% | +19.0% |
Armenia compared with similar countries
- Armenia's 6.6% is above the median for upper middle income countries, which is 4.3%, 1.5× the median. (43 countries reporting)
- Armenia's 6.6% is above the median for Europe & Central Asia, which is 3.1%, 2.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.0% | 6.0% | 8.0% | 2 |
| 2000s | 5.6% | 1.9% | 17.5% | 9 |
| 2010s | 5.2% | 3.0% | 7.9% | 10 |
| 2020s | 6.6% | 6.6% | 6.6% | 1 |
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 non-performing loans to gross loans in Armenia?
- Bank non-performing loans to gross loans in Armenia was 6.6% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in Armenia?
- The highest recorded value was 17.5% in 2000.
- What is the lowest bank non-performing loans to gross loans recorded in Armenia?
- The lowest recorded value was 1.9% in 2005.
- How does Armenia rank for bank non-performing loans to gross loans?
- Armenia ranks 46th out of 141 countries with data for 2020.
- Is bank non-performing loans to gross loans rising or falling in Armenia?
- Over the last ten years it is up 115.5%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.