Consumer Credit in Armenia increased to 781566.34 AMD Million in May from 776609.36 AMD Million in April of 2019. Consumer Credit in Armenia averaged 280140.32 AMD Million from 2004 until 2019, reaching an all time high of 781566.34 AMD Million in May of 2019 and a record low of 37915.30 AMD Million in April of 2005.
Consumer Credit in Armenia is expected to be 595374.92 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Armenia to stand at 753880.86 in 12 months time. In the long-term, the Armenia Consumer Credit is projected to trend around 794749.72 AMD Million in 2020, according to our econometric models.