Armenia—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #9 of 112Updated April 2026
Latest Value
11.6%
2024
YoY Change
+28.6%
2023 → 2024
Global Rank
#9
of 112 countries
Maximum
33.4%
2000
Minimum
3.5%
2022
CAGR
-4.3%
25 years
Last
11.6%
Previous
9.0%
Highest
33.4%
Lowest
3.5%
Source
World Bank World Development Indicators
Armenia's real interest rate (%) was 11.6% in 2024, ranking #9 out of 112 countries. This represents a +28.6% change from 2023. Over the past 25 years, the highest recorded value was 33.4% (2000) and the lowest was 3.5% (2022). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 11.6% | +28.6% |
| 2023 | 9.0% | +160.5% |
| 2022 | 3.5% | -24.0% |
| 2021 | 4.5% | -52.8% |
| 2020 | 9.6% | -12.0% |
| 2019 | 11.0% | +12.6% |
| 2018 | 9.7% | -18.9% |
| 2017 | 12.0% | -29.6% |
| 2016 | 17.0% | +5.3% |
| 2015 | 16.2% | +17.4% |
| 2014 | 13.8% | +12.8% |
| 2013 | 12.2% | +8.3% |
| 2012 | 11.3% | -12.7% |
| 2011 | 12.9% | +21.8% |
| 2010 | 10.6% | -33.2% |
| 2009 | 15.9% | +52.1% |
| 2008 | 10.4% | -17.8% |
| 2007 | 12.7% | +11.5% |
| 2006 | 11.4% | -20.5% |
| 2005 | 14.3% | +23.2% |
| 2004 | 11.6% | -25.1% |
| 2003 | 15.5% | -15.4% |
| 2002 | 18.3% | -15.8% |
| 2001 | 21.8% | -34.8% |
| 2000 | 33.4% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |