Loans from nonresident banks (amounts outstanding) to GDP in Armenia
Armenia: Loans from nonresident banks (amounts outstanding) to GDP was 14.8% in 2021. ▲ Rising
Loans from nonresident banks (amounts outstanding) to GDP in Armenia, 2013–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Armenia is 14.8%, measured in 2021. That is the highest value across all 9 years on record.
That represents a change of up 43.8% on the previous year and up 135.0% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Armenia peaked at 14.8% in 2021 and was at its lowest, 6.0%, in 2014.
Armenia ranks 85th of 136 countries on this measure, in the middle of the range.
Loans from nonresident banks (amounts outstanding) to GDP in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2013 | 6.3% | — |
| 2014 | 6.0% | -4.2% |
| 2015 | 11.4% | +88.6% |
| 2016 | 11.4% | +0.1% |
| 2017 | 10.4% | -8.5% |
| 2018 | 9.6% | -7.5% |
| 2019 | 12.5% | +29.6% |
| 2020 | 10.3% | -17.6% |
| 2021 | 14.8% | +43.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.7% | 6.0% | 12.5% | 7 |
| 2020s | 12.5% | 10.3% | 14.8% | 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 loans from nonresident banks (amounts outstanding) to gdp in Armenia?
- Loans from nonresident banks (amounts outstanding) to gdp in Armenia was 14.8% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Armenia?
- The highest recorded value was 14.8% in 2021.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Armenia?
- The lowest recorded value was 6.0% in 2014.
- How does Armenia rank for loans from nonresident banks (amounts outstanding) to gdp?
- Armenia ranks 85th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Armenia?
- Over the last ten years it is up 135.0%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.