Armenia

Small Firms With Bank Credit

35.1
percent of all small firms
Dec 09Dec 13Dec 200.00010.0020.0030.0040.00
  • Armenia
  • Global Median
Source: IMF

Global Ranking

43
Macedonia37.1
44
Estonia36.7
45
Romania36.1
46
Bhutan35.2
47
Argentina35.1
47
Honduras35.1
47
Armenia35.1
51
Sweden34.9
52
Guatemala34.1

Europe Ranking

15
Macedonia37.1
16
Estonia36.7
17
Romania36.1
18
Armenia35.1
19
Sweden34.9
20
Poland33.9
21
Greece33.2
22
Croatia31.4

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Definition of Small Firms With Bank Credit

Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.

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