Consumer loans as a share of gdp reached 8.94% in 2022 in Armenia, according to the National Central Bank. This is 47.6% less than in the previous year.
Historically, consumer loans as a share of GDP in Armenia reached an all time high of 28.3% in 2019 and an all time low of 3.26% in 2005.
Armenia has been ranked 25th within the group of 38 countries we follow in terms of consumer loans as a share of GDP.
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