Consumer Credit in Armenia increased to 713500.41 AMD Million in January from 701122.73 AMD Million in December of 2018. Consumer Credit in Armenia averaged 268915.14 AMD Million from 2004 until 2019, reaching an all time high of 713500.41 AMD Million in January of 2019 and a record low of 37915.30 AMD Million in April of 2005.
Consumer Credit in Armenia is expected to be 615000.00 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 660000.00 in 12 months time. In the long-term, the Armenia Consumer Credit is projected to trend around 710000.00 AMD Million in 2020, according to our econometric models.