Monetary Sector credit to private sector (% GDP) in Armenia
Armenia: Monetary Sector credit to private sector (% GDP) was 70.4% in 2025. ◆ Volatile
Monetary Sector credit to private sector in Armenia, 1992–2025
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 187 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 (% GDP) in Armenia, year by year
| 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% |
Armenia compared with similar countries
- Armenia's 70.4% is above the median for upper middle income countries, which is 39.9%, 1.8× the median. (55 countries reporting)
- Armenia's 70.4% is above the median for Europe & Central Asia, which is 51.0%, 1.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 187 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.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.