Mortgage loans rose 34.1% to AMD 481 bil in Armenia in 2020, according to the National Central Bank.
Historically, mortgage loans in Armenia reached an all time high of AMD 481 bil in 2020 and an all time low of AMD 11.1 bil in 2005.
Armenia has been ranked 32nd within the group of 98 countries we follow in terms of mortgage loans, 10 places above the position seen 10 years ago.
Mortgage Loans (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Armenia | AMD bil | ... | ... | ... | 184 | 209 | 255 | 359 | 481 | ... | ... | |||||||||||
Azerbaijan | AZN bil | ... | ... | ... | ... | 1.70 | 1.74 | ... | ... | ... | ... | |||||||||||
Bulgaria | BGN bil | 8.80 | 9.45 | ... | ... | ... | ||||||||||||||||
Georgia | GEL bil | ... | ... | ... | ... | 5.39 | 6.51 | 8.71 | 10.2 | 12.8 | ||||||||||||
Greece | EUR bil | 61.2 | 66.1 | 64.2 | 59.1 | 51.2 | ||||||||||||||||
Iran | IQD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iraq | IRR bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Pakistan | PKR bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 164 | 157 | 215 | 258 | 426 | |||||
Russia | RUB bil | ... | ... | ... | ... | ... | ... | 4,493 | 5,187 | 6,410 | 7,637 | 9,291 | ... | |||||||||
Turkey | TRY bil | ... | 166 | 193 | 190 | 201 | 281 | |||||||||||||||
Turkmenistan | TMT bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |