Consumer Credit in Armenia increased to 880647.33 AMD Million in November from 875335.99 AMD Million in October of 2019. Consumer Credit in Armenia averaged 298795.03 AMD Million from 2004 until 2019, reaching an all time high of 880647.33 AMD Million in November of 2019 and a record low of 37915.30 AMD Million in April of 2005.
Consumer Credit in Armenia is expected to be 762250.00 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 908828.00 in 12 months time. In the long-term, the Armenia Consumer Credit is projected to trend around 989616.00 AMD Million in 2020, according to our econometric models.