Armenia Domestic Credit Growth

Key information about Armenia Domestic Credit Growth

• Armenia Domestic Credit increased 20.8 % YoY in Nov 2024, compared with an increase of 20.7 % YoY in the previous month
• Armenia Domestic Credit Growth YoY data is updated monthly
• It averaged 16.1 %, available from Dec 1994 to Nov 2024
• The data reached an all-time high of 1,437.7 % in Dec 1994 and a record low of -28.2 % in Jan 2002

CEIC calculates monthly Domestic Credit Growth from monthly Domestic Credit. The International Monetary Fund provides Domestic Credit in local currency. Domestic Credit Growth prior to December 2002 is based on an older methodology.


Further information about Armenia Domestic Credit Growth

• In the latest reports, Armenia Domestic Credit reached 19.5 USD bn in Nov 2024
• Money Supply M2 in Armenia increased to 9.7 USD bn YoY in Oct 2024
• Armenia Foreign Exchange Reserves was measured at 3.7 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 3.2 Months of Import in Dec 2024
• The country's Non Performing Loans Ratio stood at 1.2 % in Dec 2024, compared with the ratio of 1.2 % in the previous month
• Household Debt of Armenia reached 28.4 % in Sep 2024, accounting for 28.4 % of the country's Nominal GDP

View Armenia's Domestic Credit Growth from Dec 1994 to Nov 2024 in the chart:

What was Armenia's Domestic Credit Growth in Nov 2024?

Armenia Domestic Credit increased 20.8 % YoY in Nov 2024, compared with an increase of 20.7 % YoY in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
20.8 Nov 2024	20.7 Oct 2024	-28.2 Jan 2002	1,437.7 Dec 1994	%	monthly	Dec 1994 - Nov 2024

Domestic Credit Growth by Country Comparison

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Armenia Key Series

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