Armenia - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Armenia was 11.76 as of 2021. Over the past 26 years, the value for this indicator has fluctuated between 96.10 in 1995 and 11.62 in 2020.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1995 96.10
1996 66.36
1997 54.23
1998 48.49
1999 38.85
2000 31.57
2001 26.69
2002 21.14
2003 20.83
2004 18.63
2005 17.98
2006 16.53
2007 17.52
2008 17.05
2009 18.76
2010 19.20
2011 17.75
2012 17.23
2013 15.99
2014 16.41
2015 17.59
2016 17.36
2017 14.41
2018 12.79
2019 12.14
2020 11.62
2021 11.76

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates