Risk premium on lending in Armenia

Armenia: Risk premium on lending was 5.6% in 2025. ▼ Falling

Latest (2025)
5.6%
Change on year
up 49.6%
World rank
34th
of 86 countries
All-time high
13.9%
in 2005
All-time low
1.1%
in 2022
Years of data
25
2001–2025

Risk premium on lending in Armenia, 2001–2025

0510152001201320252001: 6.1 lending rate minus treasury bill rate, %2002: 6.4 lending rate minus treasury bill rate, %2003: 8.9 lending rate minus treasury bill rate, %2004: 13.4 lending rate minus treasury bill rate, %2005: 13.9 lending rate minus treasury bill rate, %2006: 11.7 lending rate minus treasury bill rate, %2007: 11.4 lending rate minus treasury bill rate, %2008: 9.4 lending rate minus treasury bill rate, %2009: 9.3 lending rate minus treasury bill rate, %2010: 8.6 lending rate minus treasury bill rate, %2011: 8.2 lending rate minus treasury bill rate, %2012: 7.4 lending rate minus treasury bill rate, %2013: 6.7 lending rate minus treasury bill rate, %2014: 8.6 lending rate minus treasury bill rate, %2015: 4.7 lending rate minus treasury bill rate, %2016: 7.5 lending rate minus treasury bill rate, %2017: 7.7 lending rate minus treasury bill rate, %2018: 6.6 lending rate minus treasury bill rate, %2019: 6.1 lending rate minus treasury bill rate, %2020: 5.8 lending rate minus treasury bill rate, %2021: 4 lending rate minus treasury bill rate, %2022: 1.1 lending rate minus treasury bill rate, %2023: 1.3 lending rate minus treasury bill rate, %2024: 3.7 lending rate minus treasury bill rate, %2025: 5.6 lending rate minus treasury bill rate, %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.

Analysis

In 2025, risk premium on lending in Armenia stood at 5.6%.

The figure is up 49.6% on the previous year and up 18.9% over ten years.

Over the whole period, risk premium on lending in Armenia peaked at 13.9% in 2005 and was at its lowest, 1.1%, in 2022.

That places Armenia 34th out of 86 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Risk premium on lending in Armenia, year by year

Annual values for Risk premium on lending (lending rate minus treasury bill rate, %) in Armenia, 2001 to 2025.
Year lending rate minus treasury bill rate, % Change
2001 6.1%
2002 6.4% +4.8%
2003 8.9% +39.6%
2004 13.4% +49.9%
2005 13.9% +4.3%
2006 11.7% -16.3%
2007 11.4% -2.0%
2008 9.4% -18.1%
2009 9.3% -0.2%
2010 8.6% -7.8%
2011 8.2% -4.5%
2012 7.4% -9.6%
2013 6.7% -9.9%
2014 8.6% +28.5%
2015 4.7% -45.5%
2016 7.5% +60.3%
2017 7.7% +2.0%
2018 6.6% -14.4%
2019 6.1% -7.1%
2020 5.8% -5.0%
2021 4.0% -31.6%
2022 1.1% -71.4%
2023 1.3% +10.7%
2024 3.7% +197.8%
2025 5.6% +49.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.1% 6.1% 13.9% 9
2010s 7.2% 4.7% 8.6% 10
2020s 3.6% 1.1% 5.8% 6

Countries ranked near Armenia

  1. 31 Lebanon 6.1% compare
  2. 32 Dominica 6.0% compare
  3. 33 Saint Vincent and the Grenadines 5.9% compare
  4. 35 Yemen 5.4% compare
  5. 36 Algeria 5.3% compare
  6. 37 Singapore 5.1% compare

See the full ranking of 86 places →

More financial sector data for Armenia

All data for Armenia →

Frequently asked questions

What is risk premium on lending in Armenia?
Risk premium on lending in Armenia was 5.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest risk premium on lending recorded in Armenia?
The highest recorded value was 13.9% in 2005.
What is the lowest risk premium on lending recorded in Armenia?
The lowest recorded value was 1.1% in 2022.
How does Armenia rank for risk premium on lending?
Armenia ranks 34th out of 86 countries with data for 2025.
Is risk premium on lending rising or falling in Armenia?
Over the last ten years it is up 18.9%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.

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Risk premium on lending in Armenia. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/risk-premium-on-lending-lending-rate-minus-treasury-bill-rate-percent/armenia/

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About this data

Indicator
Risk premium on lending (lending rate minus treasury bill rate, %)
Unit
lending rate minus treasury bill rate, %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,478 data points, 1960–2025
Last refreshed

Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.