Retail loans as a share of gdp reached 19.3% in 2022 in Armenia, according to the National Central Bank. This is 26.5% less than in the previous year.
Historically, retail loans as a share of GDP in Armenia reached an all time high of 33.8% in 2019 and an all time low of 1.53% in 2002.
Armenia has been ranked 44th within the group of 47 countries we follow in terms of retail loans as a share of GDP.
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