Bank loans as a share of gdp reached 55.8% in third quarter of 2021 in Armenia, according to the National Central Bank. This is 0.779% less than in the previous quarter.
Historically, bank loans as a share of GDP in Armenia reached an all time high of 67.6% in 4Q2020 and an all time low of 31.7% in 1Q2012.
Armenia has been ranked 45th within the group of 88 countries we follow in terms of bank loans as a share of GDP.
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