Armenia Real Interest Rate
Real interest rate FR.INR.RINR
Armenia's real interest rate was 10.15% in 2025, ranked 11th globally. This represents a 12.4% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Armenia's real interest rate stood at 10.15% in 2025, a decline of +1.43pp from 2024. Based on recent trends, this figure is projected to reach 10.15% by 2025. Armenia ranked 11th globally.
Armenia's real interest rate has fluctuated significantly over the past 31 years, with the all-time peak of 39.11% occurring in 1996, just a year after the trough of -24.91% in 1995. Since then, the rate has generally trended upward, though with some volatility. Currently, Armenia's real interest rate stands at 10.15%, ranking 11th globally. This rate is comparable to that of the Dominican Republic, which ranked 8th globally with a real interest rate of 10.61% in 2025. The trend suggests a stable, albeit high, interest rate environment. A shift in monetary policy or changes in inflation expectations could alter this trajectory, potentially influencing Armenia's interest rate path in the years to come.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 11.82% | - | - |
| 2026* trend | 10.99% | - | - |
| 2025* trend | 10.15% | - | - |
| 2025 | 10.15% | −1.43pp | #11 |
| 2024 | 11.59% | +2.58pp | #71 |
| 2023 | 9.01% | +5.55pp | #74 |
| 2022 | 3.46% | −1.09pp | #72 |
| 2021 | 4.55% | −5.09pp | #68 |
| 2020 | 9.64% | −1.32pp | #83 |
| 2019 | 10.96% | +1.23pp | #98 |
| 2018 | 9.73% | −2.26pp | #100 |
| 2017 | 12.00% | −5.05pp | #115 |
| 2016 | 17.04% | +0.86pp | #125 |
| 2015 | 16.18% | +2.40pp | #113 |
| 2014 | 13.78% | +1.56pp | #123 |
| 2013 | 12.22% | +0.94pp | #119 |
| 2012 | 11.28% | −1.64pp | #115 |
| 2011 | 12.92% | +2.31pp | #127 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's real interest rate was 10.15% in 2025. Ranked 11th globally. This represents a 12.4% decrease from the previous year.
Armenia's real interest rate peaked at 39.11% in 1996.
The lowest real interest rate in Armenia was -24.91% in 1995.
Armenia ranks 11th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Armenia's real interest rate is projected to reach 10.15% by 2025 based on trend extrapolation.
The real interest rate of Armenia in 2025 was 10.15%. This ranks 11th in the world.
Cite this page
@misc{historysaid_armenia_real-interest-rate,
title = {Armenia Real Interest Rate},
url = {https://historysaid.com/armenia/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}