Credit to government and state-owned enterprises to GDP in Armenia
Armenia: Credit to government and state-owned enterprises to GDP was 14.8% in 2020. ◆ Volatile
Credit to government and state-owned enterprises to GDP in Armenia, 1992–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, credit to government and state-owned enterprises to gdp in Armenia stood at 14.8%. That is the highest value across all 29 years on record.
That represents a change of up 51.0% on the previous year and up 257.4% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Armenia peaked at 14.8% in 2020 and was at its lowest, 0.1%, in 1995.
That places Armenia 74th out of 178 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.
Credit to government and state-owned enterprises to GDP in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 3.0% | — |
| 1993 | 4.7% | +58.7% |
| 1994 | 0.2% | -96.2% |
| 1995 | 0.1% | -62.1% |
| 1996 | 0.9% | +1209.2% |
| 1997 | 1.1% | +28.9% |
| 1998 | 1.6% | +41.3% |
| 1999 | 1.2% | -23.1% |
| 2000 | 1.6% | +31.8% |
| 2001 | 2.5% | +54.7% |
| 2002 | 2.6% | +1.2% |
| 2003 | 2.2% | -12.4% |
| 2004 | 2.1% | -6.3% |
| 2005 | 2.0% | -3.2% |
| 2006 | 1.8% | -11.7% |
| 2007 | 1.9% | +3.0% |
| 2008 | 2.3% | +24.1% |
| 2009 | 3.4% | +47.8% |
| 2010 | 4.1% | +21.4% |
| 2011 | 4.6% | +11.4% |
| 2012 | 4.8% | +3.6% |
| 2013 | 5.6% | +17.4% |
| 2014 | 5.4% | -3.2% |
| 2015 | 5.6% | +4.1% |
| 2016 | 9.1% | +60.6% |
| 2017 | 9.2% | +1.5% |
| 2018 | 9.6% | +3.9% |
| 2019 | 9.8% | +2.2% |
| 2020 | 14.8% | +51.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 0.1% | 4.7% | 8 |
| 2000s | 2.2% | 1.6% | 3.4% | 10 |
| 2010s | 6.8% | 4.1% | 9.8% | 10 |
| 2020s | 14.8% | 14.8% | 14.8% | 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 credit to government and state-owned enterprises to gdp in Armenia?
- Credit to government and state-owned enterprises to gdp in Armenia was 14.8% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Armenia?
- The highest recorded value was 14.8% in 2020.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Armenia?
- The lowest recorded value was 0.1% in 1995.
- How does Armenia rank for credit to government and state-owned enterprises to gdp?
- Armenia ranks 74th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Armenia?
- Over the last ten years it is up 257.4%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). 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. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).