Armenia

Private Sector Credit

3604.87
billion currency units
Source: IMF

Global Ranking

42
Canada4638.28
43
Angola4462.19
44
South Africa4032.35
45
Cameroon4017.05
46
Denmark3826.35
47
Armenia3604.87
48
Iceland3565.11
49
Burkina Faso3535.5
51
Kenya3310.1
52
Australia3184.29

Europe Ranking

1
Hungary21882.98
2
Sweden7852.7
3
Norway5171.54
4
Angola4462.19
5
Denmark3826.35
6
Armenia3604.87
7
Iceland3565.11
9
Germany3162.06
10
France3004.94
11
Serbia2881.53

News

Definition of Private Sector Credit

Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

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