Real interest rate rose 25.3% to 11.9% in Armenia in 2024, according to the National Statistical Office.
Historically, real interest rate in Armenia reached an all time high of 39.1% in 1996 and an all time low of -24.9% in 1995.
Armenia has been ranked 6th within the group of 66 countries we follow in terms of real interest rate, 10 places above the position seen 10 years ago.
Real Interest Rate | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Armenia | % | 9.73% | 11.0% | 9.64% | 4.55% | 3.46% | ||||||||||||||||
Azerbaijan | % | 4.69% | 17.5% | 26.7% | -4.25% | -16.5% | ||||||||||||||||
Bulgaria | % | 0.679% | -0.652% | -0.004% | -2.66% | -10.5% | ||||||||||||||||
Georgia | % | 7.38% | 6.56% | 4.64% | 2.07% | 5.10% | ||||||||||||||||
Greece | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||
Iran | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
Iraq | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
Pakistan | % | 4.52% | 2.93% | 0.740% | -1.45% | ... | ... | ... | ||||||||||||||
Russia | % | -1.03% | 5.32% | 5.83% | -9.33% | -5.69% | ... | |||||||||||||||
Turkey | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Turkmenistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |