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

Bank staff expenses as a share of total costs reached 40.5% in second quarter of 2021 in Armenia, according to the National Central Bank. This is 10.0% less than in the previous quarter.

Historically, bank staff expenses as a share of total costs in Armenia reached an all time high of 52.3% in 2Q2014 and an all time low of 20.2% in 1Q2018.

Armenia has been ranked 38th within the group of 59 countries we follow in terms of bank staff expenses as a share of total costs.