Total Credit — Value US$, 2015 prices in Armenia
Armenia: Total Credit — Value US$, 2015 prices was 9,941 million USD in 2024. ◆ Volatile
Total Credit — Value US$, 2015 prices in Armenia, 2000–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Armenia recorded 9,941 million USD for total credit — value us$, 2015 prices in 2024. That is the highest value across all 25 years on record.
The figure is up 21.4% on the previous year and up 121.3% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Armenia peaked at 9,941 million USD in 2024 and was at its lowest, 200.59 million USD, in 2001.
Armenia ranks 91st of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value US$, 2015 prices in Armenia, year by year
| Year | million USD | Change |
|---|---|---|
| 2000 | 227.76 million USD | — |
| 2001 | 200.59 million USD | -11.9% |
| 2002 | 201.97 million USD | +0.7% |
| 2003 | 210.01 million USD | +4.0% |
| 2004 | 398.43 million USD | +89.7% |
| 2005 | 527.84 million USD | +32.5% |
| 2006 | 642.44 million USD | +21.7% |
| 2007 | 1,114 million USD | +73.4% |
| 2008 | 1,576 million USD | +41.5% |
| 2009 | 1,738 million USD | +10.3% |
| 2010 | 2,045 million USD | +17.6% |
| 2011 | 2,863 million USD | +40.0% |
| 2012 | 3,578 million USD | +25.0% |
| 2013 | 3,816 million USD | +6.7% |
| 2014 | 4,492 million USD | +17.7% |
| 2015 | 4,276 million USD | -4.8% |
| 2016 | 4,465 million USD | +4.4% |
| 2017 | 5,255 million USD | +17.7% |
| 2018 | 5,874 million USD | +11.8% |
| 2019 | 6,930 million USD | +18.0% |
| 2020 | 7,806 million USD | +12.6% |
| 2021 | 6,853 million USD | -12.2% |
| 2022 | 6,978 million USD | +1.8% |
| 2023 | 8,189 million USD | +17.3% |
| 2024 | 9,941 million USD | +21.4% |
Armenia compared with similar countries
- Armenia's 9,941 million USD is below the median for upper middle income countries, which is 10,445 million USD, 95% of the median. (47 countries reporting)
- Armenia's 9,941 million USD is below the median for Europe & Central Asia, which is 38,541 million USD, 26% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 683.71 million USD | 200.59 million USD | 1,738 million USD | 10 |
| 2010s | 4,359 million USD | 2,045 million USD | 6,930 million USD | 10 |
| 2020s | 7,953 million USD | 6,853 million USD | 9,941 million USD | 5 |
Countries ranked near Armenia
More agriculture & rural data for Armenia
- Agriculture, forestry, and fishing, value added (current US$), annual 14.53 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0793 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 751.74 current US$ per person (2025)
- Rural population, annual growth rate 1.4 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3407 units per person (2025)
- Share of GDP from agriculture 7.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 7.9% (2025)
- Agricultural raw materials exports 0.3% (2024)
- Agricultural raw materials imports 0.7% (2024)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Armenia?
- Total credit — value us$, 2015 prices in Armenia was 9,941 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Armenia?
- The highest recorded value was 9,941 million USD in 2024.
- What is the lowest total credit — value us$, 2015 prices recorded in Armenia?
- The lowest recorded value was 200.59 million USD in 2001.
- How does Armenia rank for total credit — value us$, 2015 prices?
- Armenia ranks 91st out of 166 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in Armenia?
- Over the last ten years it is up 121.3%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.