Refinancing Rate in Armenia
The Refinancing Rate ended 2022 at 10.75%, up from the 7.75% end-2021 value and also up from the 7.75% reading a decade earlier. For reference, the average Refinancing Rate in Eastern Europe was 8.40% at the end of 2022. For more interest rate information, visit our dedicated page.
Armenia Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Armenia from 2014 to 2023.
Source: Central Bank of Armenia.
Armenia Interest Rate Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Refinancing Rate (%, eop) | 6.00 | 5.50 | 5.25 | 7.75 | 10.75 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Armenian interest rate projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Armenian interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Armenian interest rate projections.
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