Lending Rate in Armenia decreased to 6.75 percent in March from 7 percent in February of 2020.

Lending Rate in Armenia averaged 8.07 percent from 2015 until 2020, reaching an all time high of 11.75 percent in September of 2015 and a record low of 6.75 percent in March of 2020. This page provides - Armenia Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Lending Rate - values, historical data and charts - was last updated on April of 2020.

Lending Rate in Armenia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Armenia to stand at 7.00 in 12 months time. In the long-term, the Armenia Lending Rate is projected to trend around 7.00 percent in 2021, according to our econometric models.

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Armenia Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.75 7.00 11.75 6.75 2015 - 2020 percent Monthly
Lending Rate by Country

Armenia Money Last Previous Highest Lowest Unit
Interest Rate 5.25 5.50 10.50 5.25 percent [+]
Money Supply M0 1171544.00 1081119.00 1244641.00 27571.00 AMD Million [+]
Money Supply M1 933885.00 899067.00 933885.00 12820.00 AMD Million [+]
Money Supply M2 1854611.00 1768901.00 1854611.00 13641.00 AMD Million [+]
Deposit Interest Rate 8.47 8.42 63.18 4.90 percent [+]
Lending Rate 6.75 7.00 11.75 6.75 percent [+]
Foreign Exchange Reserves 2654.80 2665.92 2833.67 373.86 USD Million [+]


Armenia Lending Rate
In Armenia, the Lending Rate refers to the Lombard Repo Rate.