Bank Staff Expenses (As % of Total Costs) in Armenia

Bank staff expenses as a share of total costs reached 47.4% in 2020 in Armenia, according to the National Central Bank. This is 1.13% less than in the previous year.

Historically, bank staff expenses as a share of total costs in Armenia reached an all time high of 49.6% in 2014 and an all time low of 35.5% in 2003.

Armenia has been ranked 29th within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.