Bank nonperforming loans to total gross loans in Armenia
Armenia: Bank nonperforming loans to total gross loans was 1.1% in 2024. ▼ Falling
Bank nonperforming loans to total gross loans in Armenia, 2010–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, bank nonperforming loans to total gross loans in Armenia stood at 1.1%. That is the lowest value across all 15 years on record.
That represents a change of down 47.6% on the previous year and down 83.9% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Armenia peaked at 7.9% in 2015 and was at its lowest, 1.1%, in 2024.
Armenia ranks 136th of 151 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Bank nonperforming loans to total gross loans in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 3.0% | — |
| 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% |
| 2021 | 1.8% | -72.0% |
| 2022 | 2.4% | +30.8% |
| 2023 | 2.1% | -10.5% |
| 2024 | 1.1% | -47.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.2% | 3.0% | 7.9% | 10 |
| 2020s | 2.8% | 1.1% | 6.6% | 5 |
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 nonperforming loans to total gross loans in Armenia?
- Bank nonperforming loans to total gross loans in Armenia was 1.1% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Armenia?
- The highest recorded value was 7.9% in 2015.
- What is the lowest bank nonperforming loans to total gross loans recorded in Armenia?
- The lowest recorded value was 1.1% in 2024.
- How does Armenia rank for bank nonperforming loans to total gross loans?
- Armenia ranks 136th out of 151 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Armenia?
- Over the last ten years it is down 83.9%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.