Real interest rate in Armenia

Armenia: Real interest rate was 9.9% in 2025. ◆ Volatile

Latest (2025)
9.9%
Change on year
down 14.9%
World rank
27th
of 148 countries
All-time high
39.1%
in 1996
All-time low
-24.9%
in 1995
Years of data
31
1995–2025

Real interest rate in Armenia, 1995–2025

-20020401995201020251995: -24.9 %1996: 39.1 %1997: 31 %1998: 34.1 %1999: 38.8 %2000: 33.4 %2001: 21.8 %2002: 18.3 %2003: 15.5 %2004: 11.6 %2005: 14.3 %2006: 11.4 %2007: 12.7 %2008: 10.4 %2009: 15.9 %2010: 10.6 %2011: 12.9 %2012: 11.3 %2013: 12.2 %2014: 13.8 %2015: 16.2 %2016: 17 %2017: 12 %2018: 9.7 %2019: 11 %2020: 9.6 %2021: 4.5 %2022: 3.5 %2023: 9 %2024: 11.6 %2025: 9.9 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for real interest rate in Armenia is 9.9%, measured in 2025.

Compared with earlier readings it is down 14.9% on the previous year and down 39.1% over ten years.

Over the whole period, real interest rate in Armenia peaked at 39.1% in 1996 and was at its lowest, -24.9%, in 1995.

Armenia ranks 27th of 148 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.6% -24.9% 39.1% 5
2000s 16.5% 10.4% 33.4% 10
2010s 12.7% 9.7% 17.0% 10
2020s 8.0% 3.5% 11.6% 6

Countries ranked near Armenia

  1. 24 Dominican Republic 10.5% compare
  2. 25 Kuwait 10.5% compare
  3. 26 Malawi 10.0% compare
  4. 28 Honduras 9.8% compare
  5. 29 Tanzania 9.6% compare
  6. 30 Eswatini 9.5% compare

See the full ranking of 148 places →

More financial sector data for Armenia

All data for Armenia →

Frequently asked questions

What is real interest rate in Armenia?
Real interest rate in Armenia was 9.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real interest rate recorded in Armenia?
The highest recorded value was 39.1% in 1996.
What is the lowest real interest rate recorded in Armenia?
The lowest recorded value was -24.9% in 1995.
How does Armenia rank for real interest rate?
Armenia ranks 27th out of 148 countries with data for 2025.
Is real interest rate rising or falling in Armenia?
Over the last ten years it is down 39.1%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Real interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,763 data points, 1961–2025
Last refreshed

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.