Domestic credit provided by financial sector in Armenia
Armenia: Domestic credit provided by financial sector was 83.0% in 2025. ▲ Rising
Domestic credit provided by financial sector in Armenia, 2009–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit provided by financial sector in Armenia stood at 83.0%.
Compared with earlier readings it is up 5.4% on the previous year and up 72.0% over ten years.
Over the whole period, domestic credit provided by financial sector in Armenia peaked at 83.4% in 2020 and was at its lowest, 21.5%, in 2009.
That places Armenia 19th out of 65 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Domestic credit provided by financial sector in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2009 | 21.5% | — |
| 2010 | 27.8% | +29.2% |
| 2011 | 36.4% | +30.8% |
| 2012 | 41.4% | +13.8% |
| 2013 | 43.1% | +4.3% |
| 2014 | 51.3% | +18.9% |
| 2015 | 48.3% | -5.9% |
| 2016 | 54.4% | +12.7% |
| 2017 | 58.3% | +7.2% |
| 2018 | 62.4% | +7.0% |
| 2019 | 65.4% | +4.9% |
| 2020 | 83.4% | +27.5% |
| 2021 | 74.5% | -10.6% |
| 2022 | 65.0% | -12.8% |
| 2023 | 68.5% | +5.4% |
| 2024 | 78.8% | +15.0% |
| 2025 | 83.0% | +5.4% |
Armenia compared with similar countries
- Armenia's 83.0% is above the median for upper middle income countries, which is 62.6%, 1.3× the median. (30 countries reporting)
- Armenia's 83.0% is above the median for Europe & Central Asia, which is 53.7%, 1.5× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.5% | 21.5% | 21.5% | 1 |
| 2010s | 48.9% | 27.8% | 65.4% | 10 |
| 2020s | 75.5% | 65.0% | 83.4% | 6 |
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 domestic credit provided by financial sector in Armenia?
- Domestic credit provided by financial sector in Armenia was 83.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in Armenia?
- The highest recorded value was 83.4% in 2020.
- What is the lowest domestic credit provided by financial sector recorded in Armenia?
- The lowest recorded value was 21.5% in 2009.
- How does Armenia rank for domestic credit provided by financial sector?
- Armenia ranks 19th out of 65 countries with data for 2025.
- Is domestic credit provided by financial sector rising or falling in Armenia?
- Over the last ten years it is up 72.0%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.