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Interest Rate on Bank Loans (Local Currency) in Armenia

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 11.8% in 2021 in Armenia, according to the National Central Bank. This is 1.22% more than in the previous year.

Historically, interest rate on bank loans in Armenia reached an all time high of 96.1% in 1995 and an all time low of 11.6% in 2020.

Armenia has been ranked 27th within the group of 94 countries we follow in terms of interest rate on bank loans.

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