Corporate loans as a share of gdp reached 32.2% in 2020 in Armenia, according to the National Central Bank. This is 29.0% more than in the previous year.
Historically, corporate loans as a share of GDP in Armenia reached an all time high of 32.2% in 2020 and an all time low of 3.83% in 2004.
Armenia has been ranked 21st within the group of 77 countries we follow in terms of corporate loans as a share of GDP.
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