Armenia AM: Lending Interest Rate

Armenia AM: Lending Interest Rate data was reported at 12.385 % pa in 2023. This records an increase from the previous number of 11.719 % pa for 2022. Armenia AM: Lending Interest Rate data is updated yearly, averaging 17.590 % pa from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 96.100 % pa in 1995 and a record low of 11.620 % pa in 2020. Armenia AM: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Interest Rates. 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.;International Monetary Fund, International Financial Statistics and data files.;;

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