The Central Bank of Armenia left its key refinancing rate steady at 5.75 percent on July 30th 2019, saying inflation is expected to remain below the target in the coming months and then to stabilize in the mid-term period. Armenia's consumer price index declined 1.9 percent month-over-month in June while it increased 2.5 percent year-on-year, easing from a 2.8 percent rise in the previous month. The Board also added that high growth rates of economic activity are expected in the second quarter of the year, amid an increase in private consumption. However, the central bank noted that a stimulus will be needed and will soon pursue a policy of easing monetary conditions. Interest Rate in Armenia averaged 7.47 percent from 2010 until 2019, reaching an all time high of 10.50 percent in February of 2015 and a record low of 5.75 percent in January of 2019.

Interest Rate in Armenia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Armenia to stand at 5.50 in 12 months time. In the long-term, the Armenia Interest Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.

Armenia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-12 12:50 PM Interest Rate Decision 5.75% 5.75% 5.75%
2019-04-30 10:20 AM Interest Rate Decision 5.75% 5.75% 5.75%
2019-06-11 12:20 PM Interest Rate Decision 5.75% 5.75% 5.75%
2019-07-30 12:20 PM Interest Rate Decision 5.75% 5.75% 5.75%
2019-09-10 12:15 PM Interest Rate Decision 5.75% 5.50%
2019-10-29 12:15 PM Interest Rate Decision 5.50%
2019-12-10 10:45 AM Interest Rate Decision 5.50%


Armenia Money Last Previous Highest Lowest Unit
Interest Rate 5.75 5.75 10.50 5.75 percent [+]
Money Supply M0 1188113.00 1244641.00 1244641.00 27571.00 AMD Million [+]
Money Supply M1 864886.00 865871.00 865871.00 12820.00 AMD Million [+]
Money Supply M2 1609563.00 1586547.00 1609563.00 13641.00 AMD Million [+]
Deposit Interest Rate 8.25 8.86 63.18 4.90 percent [+]
Lending Rate 7.25 7.25 11.75 7.25 percent [+]
Foreign Exchange Reserves 2200.00 2204.73 2424.13 373.86 USD Million [+]


Armenia Interest Rate

In Armenia, interest rate decisions are taken by the Central Bank of Armenia. The official interest rate is the Refinancing Rate. This page provides - Armenia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.75 5.75 10.50 5.75 2010 - 2019 percent Daily




Country Last Previous
Argentina 74.96 Aug/19
Turkey 19.75 Jul/19
Mexico 8.00 Aug/19
Russia 7.25 Jul/19
South Africa 6.50 Aug/19
Brazil 6.00 Jul/19
Indonesia 5.50 Aug/19
India 5.40 Aug/19
China 4.25 Aug/19
Saudi Arabia 2.75 Aug/19
United States 2.25 Jul/19
Singapore 1.94 Jul/19
Canada 1.75 Aug/19
South Korea 1.50 Jul/19
Australia 1.00 Aug/19
United Kingdom 0.75 Aug/19
Euro Area 0.00 Jul/19
France 0.00 Jul/19
Germany 0.00 Jul/19
Italy 0.00 Jul/19
Netherlands 0.00 Jul/19
Spain 0.00 Jul/19
Japan -0.10 Aug/19
Switzerland -0.75 Jul/19


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