Consumer Credit in Armenia increased to 830269.41 AMD Million in August from 811016.65 AMD Million in July of 2019. Consumer Credit in Armenia averaged 289158.82 AMD Million from 2004 until 2019, reaching an all time high of 830269.41 AMD Million in August of 2019 and a record low of 37915.30 AMD Million in April of 2005.
Consumer Credit in Armenia is expected to be 655482.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Armenia to stand at 815955.00 in 12 months time. In the long-term, the Armenia Consumer Credit is projected to trend around 799329.00 AMD Million in 2020, according to our econometric models.