Lending Rate in Armenia decreased to 7 percent in September from 7.25 percent in August of 2019. Lending Rate in Armenia averaged 8.20 percent from 2015 until 2019, reaching an all time high of 11.75 percent in September of 2015 and a record low of 7 percent in September of 2019.
Lending Rate in Armenia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Armenia to stand at 7.00 in 12 months time. In the long-term, the Armenia Lending Rate is projected to trend around 7.00 percent in 2020, according to our econometric models.