Armenia - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Armenia was 3.52 as of 2021. As the graph below shows, over the past 26 years this indicator reached a maximum value of 39.92 in 1995 and a minimum value of 3.44 in 2015.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1995 39.92
1996 34.17
1997 28.15
1998 23.55
1999 11.50
2000 13.49
2001 11.79
2002 11.54
2003 13.95
2004 13.74
2005 12.17
2006 10.69
2007 11.26
2008 10.42
2009 10.11
2010 10.25
2011 8.51
2012 7.66
2013 5.83
2014 5.98
2015 3.44
2016 5.74
2017 5.39
2018 4.13
2019 3.66
2020 3.50
2021 3.52

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates