Commercial banks and other lending (PPG + PNG) in Armenia
Armenia: Commercial banks and other lending (PPG + PNG) was 274.09 million NFL, current US$ in 2024. ◆ Volatile
Commercial banks and other lending (PPG + PNG) in Armenia, 1998–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, commercial banks and other lending (ppg + png) in Armenia stood at 274.09 million NFL, current US$.
The figure is up 33.4% on the previous year and down 64.3% over ten years.
Over the whole period, commercial banks and other lending (ppg + png) in Armenia peaked at 821.62 million NFL, current US$ in 2013 and was at its lowest, -193.48 million NFL, current US$, in 2017.
That places Armenia 24th out of 116 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial banks and other lending (PPG + PNG) in Armenia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1998 | 5.00 million NFL, current US$ | — |
| 2002 | -6.64 million NFL, current US$ | -232.7% |
| 2011 | 573.42 million NFL, current US$ | -8741.1% |
| 2012 | 539.37 million NFL, current US$ | -5.9% |
| 2013 | 821.62 million NFL, current US$ | +52.3% |
| 2014 | 768.24 million NFL, current US$ | -6.5% |
| 2015 | -43.26 million NFL, current US$ | -105.6% |
| 2016 | 158.92 million NFL, current US$ | -467.4% |
| 2017 | -193.48 million NFL, current US$ | -221.7% |
| 2018 | 187.76 million NFL, current US$ | -197.0% |
| 2019 | 490.48 million NFL, current US$ | +161.2% |
| 2020 | 632.39 million NFL, current US$ | +28.9% |
| 2021 | 333.81 million NFL, current US$ | -47.2% |
| 2022 | 73.53 million NFL, current US$ | -78.0% |
| 2023 | 205.39 million NFL, current US$ | +179.3% |
| 2024 | 274.09 million NFL, current US$ | +33.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.00 million NFL, current US$ | 5.00 million NFL, current US$ | 5.00 million NFL, current US$ | 1 |
| 2000s | -6.64 million NFL, current US$ | -6.64 million NFL, current US$ | -6.64 million NFL, current US$ | 1 |
| 2010s | 367.01 million NFL, current US$ | -193.48 million NFL, current US$ | 821.62 million NFL, current US$ | 9 |
| 2020s | 303.84 million NFL, current US$ | 73.53 million NFL, current US$ | 632.39 million NFL, current US$ | 5 |
Countries ranked near Armenia
- 21 Guatemala 348.32 million NFL, current US$ compare
- 22 Honduras 299.24 million NFL, current US$ compare
- 23 Guyana 297.34 million NFL, current US$ compare
- 25 Bulgaria 254.71 million NFL, current US$ compare
- 26 Côte d'Ivoire 233.35 million NFL, current US$ compare
- 27 Bosnia and Herzegovina 195.51 million NFL, current US$ compare
More external debt data for Armenia
- IFC, private nonguaranteed 163.50 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 53.9 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0063 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -187.56 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA -67.81 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -22.35 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0026 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 106.43 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 2.9% (2024)
Frequently asked questions
- What is commercial banks and other lending (ppg + png) in Armenia?
- Commercial banks and other lending (ppg + png) in Armenia was 274.09 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest commercial banks and other lending (ppg + png) recorded in Armenia?
- The highest recorded value was 821.62 million NFL, current US$ in 2013.
- What is the lowest commercial banks and other lending (ppg + png) recorded in Armenia?
- The lowest recorded value was -193.48 million NFL, current US$ in 2017.
- How does Armenia rank for commercial banks and other lending (ppg + png)?
- Armenia ranks 24th out of 116 countries with data for 2024.
- Is commercial banks and other lending (ppg + png) rising or falling in Armenia?
- Over the last ten years it is down 64.3%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Commercial banks and other lending (PPG + PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).