Armenia Household Debt: % of GDP

Key information about Armenia Household Debt: % of GDP

• Armenia household debt accounted for 25.3 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 24.8 % in the previous quarter.
• Armenia household debt to GDP ratio is updated quarterly, available from Dec 2000 to Dec 2023.
• The data reached an all-time high of 27.1 % in Mar 2021 and a record low of 1.4 % in Sep 2002.

• In the latest reports, Armenia Household Debt reached 6.0 USD bn in Jan 2024.
• Money Supply M2 in Armenia increased 20.8 % YoY in Nov 2023.
• Armenia Foreign Exchange Reserves was measured at 3.6 USD bn in Dec 2023.
• The Foreign Exchange Reserves equaled 2.9 Months of Import in Nov 2023.
• Armenia Domestic Credit reached 16.3 USD bn in Dec 2023, representing an increased of 17.7 % YoY.
• The country's Non Performing Loans Ratio stood at 2.4 % in Dec 2023, compared with the ratio of 2.8 % in the previous month.

View Armenia's Household Debt: % of GDP from Dec 2000 to Dec 2023 in the chart:

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What was Armenia's Household Debt: % of GDP in Dec 2023?

Armenia household debt accounted for 25.3 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 24.8 % in the previous quarter. See the table below for more data.

Household Debt: % of GDP by Country Comparison

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