Monetary Sector credit to private sector in Armenia

Armenia: Monetary Sector credit to private sector was 70.4% in 2025. ◆ Volatile

Latest (2025)
70.4%
Change on year
up 9.5%
World rank
40th
of 186 countries
All-time high
72.0%
in 2020
All-time low
5.6%
in 1996
Years of data
34
1992–2025

Monetary Sector credit to private sector in Armenia, 1992–2025

0204060801992200820251992: 40.4 % GDP1993: 8.4 % GDP1994: 11.1 % GDP1995: 7.3 % GDP1996: 5.6 % GDP1997: 6 % GDP1998: 7.4 % GDP1999: 8.7 % GDP2000: 9.9 % GDP2001: 7.6 % GDP2002: 6.8 % GDP2003: 5.7 % GDP2004: 7 % GDP2005: 8 % GDP2006: 8.8 % GDP2007: 13.6 % GDP2008: 19.4 % GDP2009: 24.8 % GDP2010: 28.4 % GDP2011: 35.3 % GDP2012: 39.9 % GDP2013: 42.1 % GDP2014: 48.7 % GDP2015: 45.5 % GDP2016: 48.7 % GDP2017: 51.4 % GDP2018: 55.4 % GDP2019: 60 % GDP2020: 72 % GDP2021: 61.5 % GDP2022: 52.4 % GDP2023: 55.3 % GDP2024: 64.2 % GDP2025: 70.4 % GDP

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.

Analysis

Armenia recorded 70.4% for monetary sector credit to private sector in 2025.

Compared with earlier readings it is up 9.5% on the previous year and up 54.6% over ten years.

Over the whole period, monetary sector credit to private sector in Armenia peaked at 72.0% in 2020 and was at its lowest, 5.6%, in 1996.

That places Armenia 40th out of 186 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Monetary Sector credit to private sector in Armenia, year by year

Annual values for Monetary Sector credit to private sector (% GDP) in Armenia, 1992 to 2025.
Year % GDP Change
1992 40.4%
1993 8.4% -79.3%
1994 11.1% +32.2%
1995 7.3% -34.4%
1996 5.6% -22.6%
1997 6.0% +7.2%
1998 7.4% +22.9%
1999 8.7% +17.8%
2000 9.9% +13.9%
2001 7.6% -23.9%
2002 6.8% -10.5%
2003 5.7% -16.1%
2004 7.0% +23.0%
2005 8.0% +15.1%
2006 8.8% +9.8%
2007 13.6% +53.6%
2008 19.4% +42.8%
2009 24.8% +27.9%
2010 28.4% +14.5%
2011 35.3% +24.4%
2012 39.9% +13.0%
2013 42.1% +5.7%
2014 48.7% +15.7%
2015 45.5% -6.7%
2016 48.7% +7.1%
2017 51.4% +5.4%
2018 55.4% +7.8%
2019 60.0% +8.4%
2020 72.0% +20.0%
2021 61.5% -14.6%
2022 52.4% -14.8%
2023 55.3% +5.4%
2024 64.2% +16.2%
2025 70.4% +9.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.9% 5.6% 40.4% 8
2000s 11.2% 5.7% 24.8% 10
2010s 45.5% 28.4% 60.0% 10
2020s 62.6% 52.4% 72.0% 6

Countries ranked near Armenia

  1. 37 Mauritius 72.0% compare
  2. 38 Jordan 71.3% compare
  3. 39 Bahrain 70.6% compare
  4. 41 Chile 70.1% compare
  5. 42 Belgium 68.1% compare
  6. 43 United Arab Emirates 68.0% compare

See the full ranking of 233 places →

More financial sector data for Armenia

All data for Armenia →

Frequently asked questions

What is monetary sector credit to private sector in Armenia?
Monetary sector credit to private sector in Armenia was 70.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest monetary sector credit to private sector recorded in Armenia?
The highest recorded value was 72.0% in 2020.
What is the lowest monetary sector credit to private sector recorded in Armenia?
The lowest recorded value was 5.6% in 1996.
How does Armenia rank for monetary sector credit to private sector?
Armenia ranks 40th out of 186 countries with data for 2025.
Is monetary sector credit to private sector rising or falling in Armenia?
Over the last ten years it is up 54.6%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.

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Monetary Sector credit to private sector in Armenia. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/monetary-sector-credit-to-private-sector-percent-gdp/armenia/

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About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
233 places, 11,517 data points, 1960–2025
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.