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Armenia - Domestic Credit 2021

Domestic credit provided by financial sector as % of GDP · World Bank
74.53% −8.88% from 2020 Global rank: 29th

Armenia's domestic credit was 74.53% in 2021, decreased +8.88% from 83.40% in 2020. This was the 29th highest globally.

Global Ranking - 2021▾
Domestic Credit by Country - 2021
RankCountryValueYoY
1st Tajikistan 10.37% -23.9%
2nd Uzbekistan 14.88% 41.5%
3rd Azerbaijan 16.31% 5.9%
4th Angola 18.22% -35.4%
5th Uganda 28.44% 4.7%
6th Moldova 29.29% -5.4%
7th Solomon Islands 29.88% 8.8%
8th Nicaragua 34.61% -8.8%
9th Zambia 34.75% -18.0%
10th Papua New Guinea 38.76% -7.1%
11th Kazakhstan 39.04% -2.8%
12th Argentina 40.72% -11.0%
13th Belarus 40.72% -9.4%
14th Ukraine 41.45% -18.4%
15th Botswana 41.48% -
16th Guatemala 45.97% -3.8%
17th Guyana 50.88% -16.9%
18th Dominican Republic 51.59% -7.2%
19th Brunei Darussalam 54.20% -18.0%
20th Indonesia 54.31% 1.2%
21st Uruguay 55.56% -3.9%
22nd Kenya 55.89% 1.6%
23rd Bosnia and Herzegovina 55.93% -9.6%
24th Ecuador 56.22% 7.9%
25th Kosovo 57.08% -4.1%
26th Mexico 60.52% -1.8%
27th Albania 63.61% -7.4%
28th North Macedonia 73.42% 3.0%
29th Armenia 74.53% -10.6%
30th Honduras 75.55% -1.3%
31st Georgia 76.48% -7.2%
32nd Samoa 84.55% 10.6%
33rd Cabo Verde 88.45% -2.8%
34th Costa Rica 89.74% -0.4%
35th Bhutan 89.78% -
36th Türkiye 93.07% -5.4%
37th Tunisia 94.57% 0.6%
38th Maldives 97.81% -22.3%
39th United Arab Emirates 99.31% -14.1%
40th Philippines 100.82% 0.5%
41st Namibia 104.60% 7.2%
42nd El Salvador 108.13% -6.6%
43rd South Africa 122.12% -12.9%
44th Chile 127.27% -13.6%
45th Norway 135.93% -16.8%
46th Morocco 144.12% -3.7%
47th Jamaica 152.29% -4.8%
48th New Zealand 178.86% -3.1%
49th Fiji 202.41% 10.3%
50th Thailand 203.55% 4.7%
51st United States 296.31% 4.0%
52nd Japan 390.90% -0.7%

FAQ

What was Armenia's domestic credit in 2021?▾

Armenia's domestic credit in 2021 was 74.53%. This ranked 29th globally.

How did Armenia's domestic credit change in 2021?▾

Armenia's domestic credit decreased by 10.6% in 2021 compared to 2020.

Which country had the highest domestic credit in 2021?▾

Japan had the highest domestic credit in 2021 at 390.90%.

What is the domestic credit of Armenia in 2021?▾

The domestic credit of Armenia in 2021 was 74.53%. This ranked 29th globally.

How does 2021 compare to 2020 for Armenia's domestic credit?▾

Armenia's domestic credit went from 83.40% in 2020 to 74.53% in 2021, a 10.6% decrease.

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